By Adedapo Adesanya
NSIA Insurance Limited is poised to satisfy its customers’ needs through five new life innovative products that are in line with its commitment to create, protect and preserve wealth.
According to the Managing Director/CEO of NSIA Insurance Limited, Mrs Ebelechukwu Nwachukwu, the new insurance policies have been approved by the National Insurance Commission (NAICOM).
She said, “We recognize the fast pace at which the world is changing, and with it, consumer’s needs. Therefore, we strive to constantly develop innovative products to ensure that we bring value to our customers at every touchpoint.”
Mrs Nwachukwu noted that one of the products, NSIA Deferred Annuity Plan, was designed for long-term savings that provide people with an avenue to save towards a regular income in retirement.
It also serves as an opportunity to convert lump sums into regular income to enable subscribers to enjoy a luxurious life after retirement, she submitted.
The insurance expert also disclosed that the NSIA Education Protection Plan, another product of the company, shields groups of families and individuals against the ongoing cost of their child’s education upon the death of any of the two parents or physical incapacitation of the fee-paying parents.
Also, the NSIA Family Protection Plan pays a specified amount of money in the event of death by ensuring that the costs of the funeral will be covered, so that the family members do not have to struggle financially.
In addition, the fourth package, the NSIA Family Welfare Plan, affords policyholders the opportunity to leave a legacy for their loved ones. It is an annually renewable plan designed to make provisions for the family when an eventuality occurs.
Lastly, she said the NSIA Term Assurance with Cash Back offers a percentage of the premium paid if no claim is filed till the expiration of the policy.
“Along with financial protection and peace of mind, you get cash back,” she added.
NSIA Insurance Limited is a first-class composite insurance company driven by integrity, care, innovation, and professionalism. It has its Head Office in Lagos, with a strong regional presence in Abuja and an extensive network in strategic states across the country.
The company offers a wide range of insurance services at competitive rates to meet the changing financial, investment, and lifestyle needs of its corporate, commercial, and individual customers.
NSIA Insurance Limited (Nigeria) is part of NSIA Participations, which is currently present in 12 African countries; Benin, Cameroon, Congo, Côte d’Ivoire, Gabon, Ghana, Guinea, Guinea Bissau, Mali, Nigeria, Senegal and Togo.
Modupe Gbadeyanka