Tuesday, January 6, 2026
27.3 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

Sovereign Trust Insurance Unveils Lucas Durojaiye as New MD/CEO

The Board and Management of Sovereign Trust Insurance Plc...

Leadway Assurance Commences Comprehensive Verification Exercise for African Alliance Annuitants

Leadway Assurance Company Limited has officially commenced a comprehensive...

Rand Merchant Bank Nigeria Successfully Meets CBN Recapitalisation Requirement

In line with the Central Bank of Nigeria’s Banking...

Stanbic IBTC Bank Nigeria PMI: Business Activities Expanded Further at End of 2025

The Nigerian private sector remained in growth territory at...

CBN: Nigeria’s Economic Activity Strengthened in Dec with 57.6 Points in PMI

The Central Bank of Nigeria (CBN) has reported a...

Topics

New Book Reveals How Atiku, Joda, Ndukwe Saved 2001 GSM Licence Auction

Expectations were high on January 19, 2001, the day...

Interswitch: Regional Breakfast Session Targeted at Deepening Financial Services

Interswitch, Africa’s leading integrated payments and digital commerce company,...

Achieving Financial Inclusion: Adesola Kazeem Adeduntan

“My father was a shareholder of some companies, including...

NCDMB Pledges Support to OGTAN, Charges Group on Categorisation

The Oil and Gas Trainers Association of Nigeria (OGTAN), a group...

New NCC Boss, Aminu Maida, Commits to Tinubu’s Vision on Digital Economy

The new Executive Vice Chairman (EVC) of the Nigerian...

FG Denies Raising Import Duties on Food Items

The Federal Government has vehemently denied reports that it...

Sovereign Trust Insurance Celebrates Customer Service Week 2024

The Customer Service Week of Sovereign Trust Insurance Plc...
spot_img

Related Articles

Popular Categories

spot_imgspot_img