PalmPay has announced a strategic partnership with AXA Mansard, enabling users to purchase a variety of health insurance packages directly within the PalmPay app. With plans starting from as low as ₦500 per month, the initiative offers flexible coverage options tailored to fit everyday needs.
The packages cater to a wide range of users. For instance, the AXA Digital Health Plan provides telemedicine consultations with doctors, ₦5,000 worth of prescribed medications, and up to ₦40,000 in surgical coverage. The AXA Mansard MicroHealth Plan, available at ₦1,000 monthly, includes unlimited diagnostic tests and funeral benefits. Meanwhile, the AXA Mansard Accident Plan, priced at ₦500 per month, offers comprehensive death coverage for both accidental and non-accidental cases.
Speaking on the collaboration, PalmPay’s Head of Wealth Product, Habib Kowontan, said:
“Insurance is a key pillar of financial security, yet millions of Nigerians remain underserved. Our partnership with AXA Mansard Health breaks down long-standing barriers by placing reliable and affordable insurance solutions at our users’ fingertips.”
Jumoke Odunlami, Chief Distribution Officer at AXA Mansard Insurance, described the partnership as a valuable opportunity to enhance the health and productivity of Nigerians.
“Through partnerships like this, we are covering over 1.8 million Nigerians and making healthcare more accessible, available, and affordable. We are excited to work with PalmPay to complement their financial services with health plans. This aligns with our mission of acting for human progress by protecting what matters.”
This collaboration underscores PalmPay’s wider goal of building an inclusive digital financial ecosystem—one that empowers users not just to manage their finances but also to safeguard their future.