Staff Group Life Assurance Policy

Group Life Assurance provides cover for death of a member whichever way it occurs - naturally, by sickness or accident.  The Policy is to be underwritten by a National Insurance Commission (NAICOM) licensed Life Insurance Company or Companies as may be agreed with your establishment.  Our recommendation of an underwriter would be based on the Underwriter(s) capital adequacy, sound reinsurance treaty, good underwriting procedure and efficient service delivery.

The primary purpose of Group Life Policy is the provision of guarantee death-in-service benefit to employees; the benefit which is usually a multiple of salary is paid to the beneficiaries of the employee who dies in active service.

NLPC Supporting Services

As the pioneer in Life assurance business in Nigeria, we give special attention to the following:-

(a) Prompt Claims Settlement. Claims are paid within three weeks of receipt    of all necessary documents

(b) Efficient renewal processes to ensure that all staff are appropriately covered.

(c) Ensuring that the Underwriters at renewals charge competitive rates.