UBA Metropolitan Boss Advises Govt on Insurance Schemes

Ebere Nwoji

The Executive Director UBA Metropolitan Life Insurance, Mr. Henry Ationu,has  advised state governments  to see insurance, especially Life insurance  as a  dividend of democracy  for their    citizens.

He stated this recently  in Kaduna, at the official presentation of benefit cheques by the  state governor, Mallam  Nasir el-Rufai, to the  victims and relatives  of the  Zaria bomb blast  in 2015.

At the ceremony, Governor el-Rufai  presented  a total of N30 million cheques to 24 beneficiaries.  Ationu, commiserated with the  families of the deceased and commended the  governor for putting in place the insurance scheme to protect the  people of Kaduna state.

He stated that one of the primary responsibilities of governance is to protect lives and property of its citizens, noting that insurance is one of the most effective mechanisms  for  doing that.

He  noted that insurance, especially Life insurance, could be used as a fulcrum for dividend of democracy. He  therefore, advised that other state governors should emulate this positive step taken by the Kaduna state government.

UBA Metropolitan Life Insurance, which provided insurance cover  to the victims,  is a specialist life insurance company reputed for prompt claims payment, good corporate governance, professionalism, actuarial expertise, and technical knowhow. The company has developed very unique products specifically designed for the Nigerian market and uses comprehensive but flexible risk management skills to ensure that issues affecting life insurance in Nigeria are managed in a way that protects the interests of policyholders and other stakeholders.

 

Source: Punch