Yemisi Izuora
Anchor Insurance Company Limited has unveiled the Anchor Loss of Employment Insurance Scheme to protect employees.
According to the company’s Chairman, Dr. Elijah Akpan, the product aims at providing financial bulwark for those who lose their jobs.
He said: “We have an opportunity and a responsibility to innovate and create an insurance scheme to protect employees’ employment income and in doing so to provide a measure of financial stability to millions of Nigerians who may be laid off in the most difficult economic time. This is an opportunity and our responsibility as an organisation to provide peace of mind to families who may be left in the ditch without a job and nowhere else to turn to.”
Chairperson of the occasion, Mrs. Nike Akande, praised the cover, adding that the Chamber had always supported the sector to promote best practices.
Mrs Akande, who is President, Lagos Chamber of Commerce and Industry, said: “Anchor Loss of Employment Insurance Scheme is a welcome development as it seeks to protect employees from unforeseen circumstances, especially as it relates to job losses. This initiative is commendable and will go a long way to providing succour and wide cover for employees that are vulnerable and also stabilise the economic wellbeing of employees and indeed the country. It is a noble contribution to the economy of the country.”
Senior Lecturer, Actuarial Science and Insurance, University of Lagos, Dr. Adebayo Obalola, said insurance cover was essential for everyone. He pointed out most people seek compensation for what their insurance does not cover, advising that the public should understand the conditions of their insurance policy.
The Managing Director of the company, Mayowa Adeduro, assured that the company would continue to introduce unique products, like AnchorLoEIS.
Yemisi Izuora
Anchor Insurance Company Limited has unveiled the Anchor Loss of Employment Insurance Scheme to protect employees.
According to the company’s Chairman, Dr. Elijah Akpan, the product aims at providing a financial bulwark for those who lose their jobs.
He said: “We have an opportunity and a responsibility to innovate and create an insurance scheme to protect employees’ employment income and in doing so to provide a measure of financial stability to millions of Nigerians who may be laid off in the most difficult economic time. This is an opportunity and our responsibility as an organisation to provide peace of mind to families who may be left in the ditch without a job and nowhere else to turn to.”
Chairperson of the occasion, Mrs. Nike Akande, praised the cover, adding that the Chamber had always supported the sector to promote best practices.
Mrs Akande, who is President, Lagos Chamber of Commerce and Industry, said: “Anchor Loss of Employment Insurance Scheme is a welcome development as it seeks to protect employees from unforeseen circumstances, especially as it relates to job losses. This initiative is commendable and will go a long way to providing succour and wide cover for employees that are vulnerable and also stabilise the economic wellbeing of employees and indeed the country. It is a noble contribution to the economy of the country.”
Senior Lecturer, Actuarial Science and Insurance, University of Lagos, Dr. Adebayo Obalola, said insurance cover was essential for everyone. He pointed out most people seek compensation for what their insurance does not cover, advising that the public should understand the conditions of their insurance policy.
The Managing Director of the company, Mayowa Adeduro, assured that the company would continue to introduce a unique products, like AnchorLoEIS.