Sunday, 9 August 2015

32 states don’t have group life insurance - Report


Chuks Udo Okonta
Workers in 32 states are presently not covered by group life insurance, a report by the National Pension Commission (PenCom) has said.
The commission in its first quarter 2015 report stated that only Rivers; Osun; Niger and Lagos states employees are presently covered in the scheme.
Although the Federal Government had embraced the scheme, it has refused to show leadership, by ensuring premiums are paid as at when due.
According to the former Commissioner for Insurance Fola Daniel, going by the No Premium No Cover policy, Federal Government’s workers presently have no insurance cover due to nonpayment of this year’s premium.

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