Wednesday, October 29, 2025
24.6 C
Lagos

Heirs Life CEO, Onifade: ‘Retirees Should Adopt Annuity as Retirement Income’

 

L: R: Tosin Bayo-Yusuf, Executive Director/COO, Heirs Life Assurance; Niyi Onifade, MD/CEO, Heirs Life Assurance; and Mrs. Yetunde Ilori, Director-General, Nigerian Insurers Association (NIA) at the NIA Retirement Readiness Workshop held in Lagos.

At the recently concluded Retirement Readiness Workshop organised by the Nigerian Insurers Association (NIA) at Lagos State Secretariat in Lagos, Mr. Niyi Onifade, MD/CEO, Heirs Life Assurance (HLA), charged employees of the Lagos State Government to adopt Annuity Plans as a pension-regulated option that pays a stream of regular income throughout one’s retirement life.

Speaking on the topic “Annuities: What They Are, The Types, How They Work,” Onifade emphasised the significance of subscribing to a holistic retirement planning that provides financial backing throughout life for peace of mind and a comfortable future. He also stressed the necessity of being prepared for retirement, while sharing Annuity options available to retirees.

He said: “At Heirs Life Assurance, we recognise the need for individuals to secure their financial future and we believe that our Heirs Life Annuity Plan offers a robust solution that aligns with your retirement goals.”

The NIA Retirement Readiness Workshop provided a platform for the intending retirees to enhance their knowledge and better prepare for retirement.

The Heirs Life Annuity Plan is designed to provide individuals with a steady stream of income during retirement, ensuring financial security and peace of mind. With flexible options tailored to meet diverse needs, the plan offers a reliable solution for retirees seeking financial stability in their post-working years.

Heirs Life Assurance Limited (HLA) is a specialist life insurance company that is challenging traditional insurance with 21st-century digital tools and technology to provide simple, quick, reliable, and accessible financial security plans to individuals and businesses.

Heirs Life Assurance is a subsidiary of Heirs Holdings, a pan-African investment group with presence in 24 countries across 4 continents.

 

spot_img
spot_img
spot_img

Hot this week

NGX Group Chair, Umaru Kwairanga, Draws Roadmap for Leadership in Nigeria

   Being the remarks by Alhaji (Dr.) Umaru Kwairanga, Group...

NCRIB to Partner State Govts to Drive Insurance Penetration in Nigeria

L-R: Mr. Tope Adaramola, Executive Secretary; Mrs. Ekeoma Ezeibe,...

OPay – From Payment Platform to Lifestyle Ecosystem

By Moses Braimah Out of curiosity, I decided to spend...

Dangote and the Nigeria Refinery Revolution

  Beyond the Monopoly Myths By Moses Braimah When the Dangote...

Anambra Tops 2025 State of States Fiscal Performance Ranking

BudgIT, Nigeria’s leading civic-tech organisation promoting fiscal transparency and...

Topics

Stanbic IBTC to Empower MSMEs via Capacity Building Programs

Stanbic IBTC Bank Plc, a member of the Stanbic...

Nigerian Forex Crisis Impacts Africa PC Market

After posting annual declines for six quarters in succession,...

Stanbic IBTC Bank Supports GTR West Africa 2025 to Strengthen Regional Commerce

Stanbic IBTC Bank, a leading financial institution committed to...

Dangote Donates N1.2bn Building to Bayero Varsity Business School

In his avowed commitment to encouraging entrepreneurship in the...

Asankoko Group Plans Malaysia, Nigeria Bilateral Trade, Investment from Epe (Lagos)

L-R: Prince Olawale Sulaiman Ayinla, CEO of Asankoko Group;...

Digital Corporate Communications, PR, Public Affairs MasterClass for March 14

The West Africa Business School has announced the 2017...

Bellwethers Drive Market Rebound… NSE ASI up 2.4%

The Domestic bourse appreciated yesterday following renewed interest in...

140m People in Africa Facing Climate Change Migration by 2050

People move for many reasons – economic, social, and...
spot_img

Related Articles

Popular Categories

spot_imgspot_img