In the News
Namforce and Correctional Service Club Partner for a Brighter Future and Sensitizes Financial Literacy
20 June 2024
Windhoek, May 31st, 2024: Managing Director of Namforce Martin Shaanika and Commissioner General of Namibian Correctional Service and Chairperson of the Board of Directors of the Correctional Service Club General Raphael T Hamunyela, Commissioner, came together through a signing ceremony for a memorandum of agreement between the Correctional Service Club (CSC) and Namforce.
The MOU signifies Namforce's deliberate efforts to ensure that Namibians are covered while on duty, to ensure the protection and safekeeping of CSC employees. Shaanika focused on the importance of collaboration as well as the affordability and flexibility of its employee benefits. "This collaboration between NAMFORCE Life Insurance and the Correctional Service Club represents a profound commitment to our client's well-being, security, and future. It underscores the critical importance of comprehensive financial protection and support in times of need," he noted. He further mentioned that being the youngest and the only Namibian-owned insurance company, their appreciation from CSC shows trust in their service. "We thank you for your trust in what we do as we cater to the best interest of our own Namibians. In times of need, speed is of the essence. Our benefits are typically payable within 48 hours, ensuring swift financial support when it is most needed. We trust that with our dedicated young and fast team, when in need we will not be a service provider but most importantly that friend to dignify our families' importance."
Commissioner-General Raphael T Hamunyela expressed his appreciation for the youngest insurance company being proactive and fast in its commitment to CSC needs, and for the customized flexibility of its offerings to instill financial education and awareness not only amongst its staff but also the nation at large. "This event marks our commitment to address the needs of our employees to enhance their well-being. It ensures that our officers and their families are protected and reduces the financial burdens during difficult times. We have encountered heartbreaking instances observing employee officers' families not being able to be buried in a dignified manner. Many of our officers have struggled to secure their financial resources and are unable to provide for their families. This group scheme will alleviate the financial burdens on our colleagues in this time of need," he said.
Furthermore, SNR Chief Correctional Officer Gideon S Shikeshu confirmed that this partnership goes beyond an agreement to the provision for their families. "Apart from it being affordable on the market, it also has flexibility for us to choose our option of preference. It is tailored to the needs of Namibians, where we looked at the aspect of biological parents being considered beyond biological family relations. There is no long wait for the benefits to be put to use by us as CSC," he gladly said.
Namforce continues to thank the media houses for instilling financial education in its consumers, as the economy has not been the most favourable to provide in times of uncertainty.