{"id":12019,"date":"2022-03-25T14:49:50","date_gmt":"2022-03-25T14:49:50","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks"},"modified":"2022-03-25T15:06:10","modified_gmt":"2022-03-25T15:06:10","slug":"insurance-companies-in-talks-with-banks","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks","title":{"rendered":"Insurance companies in talks with banks"},"content":{"rendered":"

Africa-Press – Lesotho. <\/strong><\/span>THE Insurers Association of Lesotho (IAL) is in talks with banks to thrash out a solution after some clients began defaulting due to the Covid-19 pandemic.<\/p>\n

The IAL representative at the annual Money Week launch this week, Lazaro Mokhapheka Lazaro, said they are now searching for a solution to the crisis. He said the Covid-19 pandemic had altered the way in which business is done.<\/p>\n

\u201cA lot of consumers have lost their sources of income and as a result cannot even afford to pay their premiums,\u201d Lazaro said.<\/p>\n

\u201cThis calls for the insurance sector to come up with products that are more suitable for the prevailing situation.<\/p>\n

Speaking at the virtual launch, the Central Bank of Lesotho\u2019s governor, Dr Ret\u0161elisitsoe Matlanyane, said this year\u2019s theme is \u201cTake care of yourself, Take care of your money\u201d.<\/p>\n

The theme is aimed at equipping consumers with knowledge to enable informed decision-making where financial contracts are concerned. Dr Matlanyane said the Money Month will be packed with information to enlighten consumers regarding issues of financial contracts.<\/p>\n

\u201cDiscussions will be generating and giving information about the financial system. Though we started late this year, we will still celebrate for a month as we have been doing over the years,\u201d Matlanyane said.<\/p>\n

Money Month, she said, is meant for everyone to better understand and appreciate their finances so that they can take of them. The Chairperson of the Bankers Association of Lesotho, Molefi Leqhaoe, said it is their mandate to see to it that consumers have access to finance through suitable products.<\/p>\n

Leqhaoe said consumers should know their rights \u201cand that all is done within ethical and legal measures\u201d. According to Leqhaoe, the Covid-19 pandemic has heightened the significance for the financial sector to have digital platforms that consumers can use to transact.<\/p>\n

\u201cThis means that consumers need to be aware of the digital platforms available for their use, understand how to use them without compromising their security,\u201d Leqhaoe said.<\/p>\n

Therefore, he said, they cannot over-emphasise the need for consumers to be vigilant and refrain from getting assistance from non-bank staff. He also warned against sharing their pins and the need not to panic when their cards are lost or when they see abnormal transactions.<\/p>\n

For More News And Analysis About Lesotho<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Lesotho. THE Insurers Association of Lesotho (IAL) is in talks with banks to thrash out a solution after some clients began defaulting due to the Covid-19 pandemic. The IAL representative at the annual Money Week launch this week, Lazaro Mokhapheka Lazaro, said they are now searching for a solution to the crisis. He […]<\/p>\n","protected":false},"author":84,"featured_media":12018,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,246,270,245],"class_list":["post-12019","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-lesotho","tag-covid-19","tag-lesotho"],"yoast_head":"\nInsurance companies in talks with banks - Lesotho<\/title>\n<meta name=\"description\" content=\"THE Insurers Association of Lesotho (IAL) is in talks with banks to thrash out a solution after some clients began defau ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Insurance companies in talks with banks\" \/>\n<meta property=\"og:description\" content=\"THE Insurers Association of Lesotho (IAL) is in talks with banks to thrash out a solution after some clients began defau ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks\" \/>\n<meta property=\"og:site_name\" content=\"Lesotho\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-25T14:49:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-25T15:06:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2022\/03\/img-623dda47b1c03.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Insurance companies in talks with banks\",\"datePublished\":\"2022-03-25T14:49:50+00:00\",\"dateModified\":\"2022-03-25T15:06:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks\"},\"wordCount\":390,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2022\/03\/img-623dda47b1c03.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Lesotho\",\"COVID-19\",\"Lesotho\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks\",\"url\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks\",\"name\":\"Insurance companies in talks with banks - Lesotho\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2022\/03\/img-623dda47b1c03.jpg\",\"datePublished\":\"2022-03-25T14:49:50+00:00\",\"dateModified\":\"2022-03-25T15:06:10+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"THE Insurers Association of Lesotho (IAL) is in talks with banks to thrash out a solution after some clients began defau ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2022\/03\/img-623dda47b1c03.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2022\/03\/img-623dda47b1c03.jpg\",\"width\":1024,\"height\":683,\"caption\":\"Insurance companies in talks with banks\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/lesotho\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Insurance companies in talks with banks\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#website\",\"url\":\"https:\/\/www.africa-press.net\/lesotho\/\",\"name\":\"Lesotho\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/lesotho\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Insurance companies in talks with banks - Lesotho","description":"THE Insurers Association of Lesotho (IAL) is in talks with banks to thrash out a solution after some clients began defau ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks","og_locale":"en_US","og_type":"article","og_title":"Insurance companies in talks with banks","og_description":"THE Insurers Association of Lesotho (IAL) is in talks with banks to thrash out a solution after some clients began defau ...","og_url":"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks","og_site_name":"Lesotho","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2022-03-25T14:49:50+00:00","article_modified_time":"2022-03-25T15:06:10+00:00","og_image":[{"width":1024,"height":683,"url":"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2022\/03\/img-623dda47b1c03.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Insurance companies in talks with banks","datePublished":"2022-03-25T14:49:50+00:00","dateModified":"2022-03-25T15:06:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks"},"wordCount":390,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2022\/03\/img-623dda47b1c03.jpg","keywords":["Africa Press","Africa Press-Lesotho","COVID-19","Lesotho"],"articleSection":["all news","economy","homepage-english","twitter"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks","url":"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks","name":"Insurance companies in talks with banks - Lesotho","isPartOf":{"@id":"https:\/\/www.africa-press.net\/lesotho\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2022\/03\/img-623dda47b1c03.jpg","datePublished":"2022-03-25T14:49:50+00:00","dateModified":"2022-03-25T15:06:10+00:00","author":{"@id":"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"THE Insurers Association of Lesotho (IAL) is in talks with banks to thrash out a solution after some clients began defau ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks#primaryimage","url":"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2022\/03\/img-623dda47b1c03.jpg","contentUrl":"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2022\/03\/img-623dda47b1c03.jpg","width":1024,"height":683,"caption":"Insurance companies in talks with banks"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/lesotho\/all-news\/insurance-companies-in-talks-with-banks#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/lesotho\/"},{"@type":"ListItem","position":2,"name":"Insurance companies in talks with banks"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/lesotho\/#website","url":"https:\/\/www.africa-press.net\/lesotho\/","name":"Lesotho","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/lesotho\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/lesotho\/wp-json\/wp\/v2\/posts\/12019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/lesotho\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/lesotho\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/lesotho\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/lesotho\/wp-json\/wp\/v2\/comments?post=12019"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/lesotho\/wp-json\/wp\/v2\/posts\/12019\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/lesotho\/wp-json\/wp\/v2\/media\/12018"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/lesotho\/wp-json\/wp\/v2\/media?parent=12019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/lesotho\/wp-json\/wp\/v2\/categories?post=12019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/lesotho\/wp-json\/wp\/v2\/tags?post=12019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}