Tuesday 25 February 2014

Group life: Demand your rights, NAICOM urges workers


Chuks Udo Okonta

The Commissioner for Insurance Fola Daniel, has called on workers to demand from their employers group life insurance cover which will provide succour for them and their families in times of need.

Daniel who disclosed this at a media parley in Lagos, said employers with four employees were mandated under the Pension Reform Act of 2004, to provide insurance cover for their workers, adding that it behooves on workers to ask employers who are subverting the law to comply.

He noted that the National Insurance Commission (NAICOM) recent visit to the Nigerian Labour Congress (NLC) was to provoke its officers to challenge workers to demand their rights from their employers.

He said the government is showing leadership by ensuring that its workers are catered for by the group life policy, and that private employers should do same.

“I want to assure the public that any insurance company that provides group life must pay claims. The company will not just pay when it wants to, but paid promptly,” he said.

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