The Theme for the workshop event is ‘AI & The Future of the Insurance Industry’,  it will take place at the NEM Insurance Plc Conference Hall, which is at Obanikoro, Ikorodu Road, Lagos by 9am prompt.

The Guest Speaker for the event is the Managing Partner, A4S & Training Heights Dr. Orlando Odejide, while the Chief Executive Officer & Co-founder, Tsaron Technologies, Limited Jimi Fasina, is the Co-speaker.

People attending the event physically are to pay a fee of N30,000, while those participating virtually N20,000.

The Primary purpose of Life Assurance is to lessen the hardship which may result from AN UNTIMELY DEATH and RETIREMENT.

Now we are saying that life assurance is very important because death can come at anytime. If a man has life assurance policy and he dies , his beneficiaries will be compensated. Its called DEATH BENEFIT.

HOW DOES IT WORK?

Eg...... if a person picks a life assurance policy and he has a projection to save 20million Naira for 10 years. Now maybe after 2 years, he has only saved 700 thousand Nair only and the policy is still ACTIVE, then he dies.

Life Assurance company will pay the beneficiary/ies 20 million naira,  The 20 million he hasnt contributed. 

Why?

Because there is life cover on his policy. But if the he survived till 10 years he will collect his maturity benefit.

Life assurance is also very useful for retirement purposes. A man that is working now should also be planning towards retirement.

Life Assurance is designed to protect against the hazard of dying too soon or living too long.

Other benefits of Life Assurance.

1. Savings & Investment 

2. Additional collateral for loan in the bank/policy balance

3. Tax Rebate/Relief 

4. Guarantees future education of a child

5. Retirement purposes 

6. Income protection for the family in case of eventualities.

Etc........ 

Life Assurance policies are similar to having a savings plan in other financial institutions but with additional benefits as an insurance company. 

Benefits of Life Assurance Policies 

1. Life cover / death benefit. If a man has a life assurance policy and the unexpected happens to him, his beneficiary/ies get compensate. Eg a man that has a savings plan of 5 years looking at contributing 5,000,000 and he is saving it monthly or quarterly or half yearly or annually, if he has contributed little and dies eg maybe he has only done 600,000. his beneficiary/ies will receive that 5,000,000 he was targeting because there is life cover. That is what makes us insurance company and different form other financial institutions like banks etc.. 

If he survives till maturity, he will still receive his 5,000,000 with interest.

2. Tax Rebate/ relief. When a man has a life assurance policy, it reduces the rate of tax they pay. 

Eg if you and 1 work in the same place, and we both have total annual incmone of 10m each and we both pay tax of 2m each. That means our take home annually is 8m each.

 Now if you have a life assurance policy and let us say you are paying 1m annually, you will receive a tax rebate certificate to submit where you work based on law. So that 1m you pay for your life assurance policy will be deducted from your annual tax charges. That means 2m - 1m = 1m . So you will only be paying 1m for tax while the other 1m goes for your life assurance policy premium. While me who does not have a life assurance policy is just wasting 1m annually by paying 2m as tax.

3. Collateral for loan:- when you have a life assurance policy, you can use your policy document that will be issued to you as a client to get loan from any financial institution eg banks. 

4. Loan policy benefit:- it means you can also get a loan from your account balance from your policy. 

5. Fatal Accident/permanent disability benefits:- when you have a life assurance policy, it gives you those covers too.

6. Bonuses/interest:- all policies have different interest rates to your savings based on type of policy purchased.

For the products

There are different kinds of policies based on what indicated wants and duration.

Eg 1 year plan, 2 years and above. 

Some product matures just once while some has 3 maturity stages. So it depends on individual needs/ want.

Education Endowment plan

Ordinary Endowment plan

Personal investment 

Short term Savings plan

Long term savings plan

Retirement plan

Triple payment plan 

Etc

Custodian Life Assurance Limited (formerly Crusader Life Assurance Limited) is one of the leading and specialist insurance company in Nigeria.

Custodian Life Assurance Limited (CLA) is the subsidiary of Custodian Investment PLC, the holding company which is quoted on the Nigerian Stock Exchange.

We are recruiting to fill the position below:

Job Title: Unit Manager

Location: Lagos

Job Type: Full-time

Description

• Training and Recruiting New Advisors.
• Providing excellent financial guidance and advice to Advisors.

Requirements

• You must have at least minimum of 5 team members before applying.
• You must have minimum of 3 years experience in the insurance industry.
• You must have the Ability to convince someone else to buy a necessary and beneficial insurance products.
• Having NAICOM LICENSE will be an additional benefit.

Responsibilities:

• Create and implement a structured plan to achieve set targets.
• Develop strong, ongoing relationships with your team members.
• Writing reports and providing management with weekly feedback.

Qualifications

Possess a Higher Institution Degree in any discipline. (OND, HND, B.SC).

Interested and qualified candidates should send their CV to employmentngjobs@gmail.com or akanbijames@gmail.com 

NOTE:- Only shortlisted candidates will be contacted.

Custodian Life Assurance Limited (formerly Crusader Life Assurance Limited) is one of the leading and specialist insurance company in Nigeria. 

Custodian Life Assurance Limited (CLA) is the subsidiary of Custodian Investment PLC, the holding company which is quoted on the Nigerian Stock Exchange.

We are recruiting to fill the position below:

Job Title:  Unit Sales Manager

Location: Lagos

Job Type: Full-time

Description 

● Smart, vibrant young men and women with minimum of 28 years old.

●Experience: 3 - 5 in the Insurance industry.

Requirements 

●Must have minimum of 5 team members before applying.

●Good presentation skill.

●Building collaborative relationships, highly developed, demonstrated teamwork skills.

●A creative thinker.

●Must be expressive and know how to make business sales pitch.

●Know how to handle objections and close deals.

Qualifications

●Possess a Higher Institution Degree in any discipline. (OND, HND, B.SC).

●Completed the mandatory NYSC programme

Application Closing Date

15/05/2023

How to Apply

Interested and qualified candidates should send their CV to employmentngjobs@gmail.com

NOTE:- Only shortlisted candidates will be contacted.

Happy birthday Daddy Mike Bamiloye.

Your unparalleled love for Jesus is so inspiring.

Thank you for yielding to the call and becoming a blessing to many. 

Keep growing in the knowledge and image of God Almighty.

We love you.

Hip!

Hip!!

Hip!!!

Leadway Assurance is a leading insurance company and non banking financial solutions provider in Nigeria leveraging on our strategic capabilities in other selected markets. Our policies are tailored towards our customers business needs. 

We are recruiting to fill the position below: 

Job Title:  Insurance Advisors (Sales/Marketing) 

Location: Lagos Job 

Type: Full-time 

Description 

• Leadway Assurance Company Limited (‘LEADWAY’) is one of Nigeria’s foremost insurance service companies, with a reputation for service efficiency and customer reliability. 
• We continually insure happiness, inspire talents and build excellent leaders. People are at the centre of Leadway as a company. They are at the heart of our shared values to insuring happiness. 
• We are a non-discriminatory organisation seeking adaptive, goal-driven individuals to attend to our businesses interests which span Life and General Insurance Businesses, Portfolio management, trusts and property management. 

Requirements  

• You must be Passionate about selling. 
• You must be Persistent and Proactive. 
• You must have the Ability to convince someoneelse to buy a necessary and beneficial insurance products. 

Responsibilities: 

• Create and implement a structured plan to achieve set targets 
• Develop strong, ongoing relationships with prospects and customers. 
• Writing daily reports and providing management with weekly feedback

Qualifications 

• Possess a Higher Institution Degree in any discipline. (OND, HND, B.SC). 
• Completed the mandatory NYSC programme 

Application Closing Date 

28/02/2023 

How to Apply

Interested and qualified candidates should send their CV to s-akanbi-james@leadway.com 

NOTE:- Only shortlisted candidates will be contacted.