The two major reforms introduced by the National Insurance Commission (NAICOM) on group life business and motor third party policies contributed to the industry’s growth in the outgoing year, Group Managing Director, Cornerstone Insurance Plc, Ganiyu Musa has said. He spoke with select reporters in Lagos. He said the regulatory interventions corrected the pricing ofRead More …
Group Life
Group Life: Beneficiaries to get death benefits from underwriters
Beneficiaries of dead workers under the Contributory Pension Scheme (CPS) are to be paid by an underwriter in line with the provisions of insurance law. Death benefits, according to the law are no longer paid into Retirement Savings Account (RSAs). This is to eradicate the problems encountered by them in accessing benefits from Group LifeRead More
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