Tuesday, January 13, 2026
25.9 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

GOCOP Condoles with Former President on Death of Her Sister

The Guild of Corporate Online Publishers (GOCOP) has expressed...

Seven Issues That Will Define Nigeria’s Telecom in 2026

By Elvis Eromosele  In 2026, Nigeria’s telecommunications sector can no...

Heritage Bank: NDIC Declares N24.3bn 2nd Liquidation Dividend for Depositors

Following the revocation of the banking license of Heritage...

GCR Upgrades NEM Insurance Rating to AA+ on Sustained Profitable Growth, Stable Outlook

GCR Ratings (GCR) has upgraded NEM Insurance Plc’s national...

Topics

PenCom, Operators Oppose 75% Lump Sum Bill

The National Pension Commission (PenCom) and Pension Funds Operators...

Fidelity Bank Public Offer, Rights Issue to Open Thursday, June 20

Nigeria’s 6th largest bank, Fidelity Bank Plc will on...

INEC Chief, Yakubu, Dedicates ThisNigeria Award to Staff, Youth Corps Members

Chairman, Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu...

AfICTF President, Tony Ojobo to Speak at UN Seminar

The President of the African ICT Foundation, Mr. Tony...

Unity Bank, CashToken Rewards Promo Produces New Millionaire

  From left: Chioma Umeh, Unity Bank Branch Manager, Aba...

Nigeria Shines in Latest Emirates Brand Campaign

The talent, energy, creativity and global appeal of Nigerian...

Five-Year Milestone: AIICO Insurance Surpasses ₦200bn in Claims, Benefits Payments

AIICO Insurance Plc, a leading composite insurer in Nigeria,...

CIIN Unveils Insurance Broking Book to Spur Professionalism

Mr. Edwin Igbiti President/Chairman of Council Chartered Insurance Institute of Nigeria...
spot_img

Related Articles

Popular Categories

spot_imgspot_img