Business
Insurance Policy Best Option For Retirement Plan – AIICO

In order to secure a stress-free old age, a staff of AIICO Insurance company, Mr Samuel Enwerem, has urged Journalists in Rivers State to embrace insurance policy.
Making this known recently in an exclusive interview in Port Harcourt, he said insurance policy remains the best retirement plan for journalists and civil servants, in general, who are not expected to work all through their life time.
According to him, lack of good insurance policy subjects retirees to untold hardship and hard labour when they are supposed to reap the benefits of their investments, having worked all through their productive age.
“As journalists, some are harmed, some have accidents and others are involved in unfortunate incidents in the course of carrying their jobs.
“AIICO insurance policy settles such situations and takes the load off the insured. People suffer when they are supposed to be resting due to lack of secured retirement plan”, he said.
Responding to why insurance policy does not work in Nigeria, compared to other countries, he said AIICO Insurance has been doing well in carrying out her responsibilities to the insured persons.
Enwerem explained that the National Insurance Corporation of Nigeria (NICON), the regulatory body for insurance, is working hard to ensure that companies keep to the terms of their policy.
He urged journalists to utilise the opportunity offered by AIICO to plan for their retirement, adding that the company has different policies that can take care of even the school fees of children of the insured in the case of death.
By: Lilian Peters
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