Chuks Udo Okonta
The Nigerian Council of Registered
Insurance Brokers (NCRIB) has commended the Governor of Lagos State, Akinwunmi Ambode on the approval for upward
review of the Group Life Insurance scheme for officers of the Nigeria Police in
the state.
The NCRIB’s President, Ayodapo
Shoderu described the Governor’s initiative as the right step in a right
direction, stressing that the move would encourage crime control and make the
state safe for habitation and business growth.
Shoderu noted that the initiative
was an indication that the governor values the importance of the service of security
personnel, including the police, stressing that the governor should not relent,
but extend the same gesture to other employees of the state as well as back it
up with prompt payment of premium.
According to him, the scheme which was
introduced by the state government 16 years ago to complement the Federal
Government’s contributory scheme, to cover death and permanent disability of
the police would ensure that their dependants live normal life in the event of
death or permanent disability of their breadwinners.
He however enjoined other state
governors to emulate Lagos State by paying more attention to the insurance of
public properties as well as undertake life assurance for security personnel
serving in their states, saying that Lagos State has become a pace setter in
terms of social security.
It will be recalled that Governor
Ambode had recently announced that in
fulfillment of his promise to sustain, improve and consolidate on past
attainment, announced the upward review of the compensation value of Senior
Police officers to N5 million; Inspectors to N3 million while rank and File was
hiked N2 million respectively.
Meanwhile, given the spate of fire
incidents at various market places and of recent, petrol tankers accidents
across the nation, Shoderu enjoined the Governors to urgently review the law
relating to general public insurance, stressing that the spate has continued to
deplete the hard earned wealth of the nation.
Making reference to the recent Idimu fire which occurred in the wee hours of Saturday at an intersection where about 34 buildings, 70 shops, one tricycle and one truck were consumed by the fire ignited by a fallen petrol-laden tanker, Shoderu enjoined the Governors to also consider adequate insurance policy to cover such incidences.
According to him, rather than dipping hands into government coffer to compensate victims of unfortunate incidents thereby depleting the nation’s wealth, insurance professionals should be allowed to bear the burden of compensation, through adequate insurance cover.
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