A CONSORTIUM of insurance companies has disbursed N535 million as Group Life Insurance claims to 68 beneficiaries of the Nigerian Police Force (NPF).
They include Leadway Assurance Company Limited, Sanlam Insurance, Mutual Benefits and LASACO.
At a ceremony at the NPF’s Headquarters in Abuja, the Acting Inspector-General of Police, Olukayode Egbetokun, stressed that his leadership would “promptly fulfil the obligation of providing insurance and other benefits to Police personnel, who have sacrificed immensely for our beloved country by providing comprehensive welfare support aimed at creating an environment where every officer feels valued, protected, and motivated to give their best in service to our nation”.
He praised the deceased and injured officers for their valour, dedication, and display of heroism during their service. He commended Leadway and the consortium of insurers for their professionalism and commitment to prompt claims payment.
Also, the Managing Director/CEO of Leadway Assurance, Mr. Tunde Hassan-Odukale, who represented the consortium, said: “We extend our deepest condolences to the families of the departed officers who made the ultimate sacrifice in the service of our nation. As an organisation, we are fully committed to fulfilling our promise of providing financial security to our policyholders.
“This prompt claim payout to our heroes further demonstrates the benefits of insurance and our unwavering dedication to supporting the families left behind.
“This consortium is proud to be at the vanguard of protecting the financial well-being of the personnel of the Force and their families. We believe in the importance of honouring our obligations promptly and stand as beacons of trust for the insurance industry as an assured partner in safeguarding the wealth and well-being of Nigerians.”
Hassan-Odukale further emphasised the importance of Group Life Insurance as a safety net for Nigerians putting in the work, especially those who stay awake to guarantee the citizens’ peace of mind, no matter the risk to their lives.
“Group Life Insurance plays a crucial role in protecting the financial wellbeing of families when they face the loss of a loved one or are no longer able to cater to their loved ones or families as a result of death or fatal injuries. Our hearts and prayers go to our heroes, and we hope this payment will provide comfort and fortitude to the families as they navigate the future”, he added.