Wednesday, 15 August 2012
NDDC hails SA Life on claims payment
NDDC hails SA Life on claims payment
Chuks Udo Okonta
The Niger Delta Development Commission (NDDC) has hailed Standard Alliance Life Assurance Limited for living up to its responsibility in claims settlement to the beneficiaries of its deceased staff.
Its Executive Director, Finance and Administration, Kenboye Lambert, gave the appreciation when he received the underwriting firm’s management led by its Managing Director Austin Enajemo-Isire, who were at the commission’s office in Port Harcourt last Tuesday to present the claims’ cheques to the commission on behalf of its dead staff.
Kenboye who represented his Managing Director Dr. Christian Oboh, at the presentation ceremony said he was excited at the timely payment of the claims as it would go a long way in helping the families of the affected deceased staff meet their respective needs.
According to him, “we feel satisfied by the company’s continued prompt claims response each time we experienced staff loss,” stating that “we do not have any single regret for obeying the dictates of the Pension Reform Act 2004 which makes it compulsory for all employers to provide group life assurance scheme for their staff.
“I must tell you that we feel challenged by your stable claims integrity and will want to assure you that on our part, we will continue to fulfil our own obligation by paying the premium as at when due,” Kenboye noted.
Earlier, Enajemo-Isire who thanked the commission’s authority for the warm reception, told the management that they were there to fulfil the provisions of Section 9 subsection 3 of the 2004 Act on settlement of claims.
“It is quite sad to lose the breadwinner and the bread itself,” noting further that “with the payment of claims to the beneficiaries, the necessary succour is provided for them to carry on with the rest of their lives,” he said.
Isire saluted the Commission for complying with the act, saying that it will not only serve as a motivator but will reflect in increased productivity of the personnel.
While thanking the Commission’s management for making Standard Alliance Life Assurance Ltd their preferred choice, he urged them to sustain the laudable programme for the long foreseeable future.
He further used the medium to admonish the commission to key into the place of prayers for long life and protection over the lives of its staff as it was done in the time past.”
He pledged his company’s continued efficient and effective service delivery at all times in respect of the scheme while praying for God’s wisdom, strength and good health for the leadership of the commission.
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