THISDAY

FBN Insurance to Double Efforts in Retail Insurance Product

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Ebere Nwoji

FBNInsuran­ce Limited has said it will ride on its current strong presence and increased investment in retail insurance market to take insurance services to every nook and cranny of Nigeria.

The company, said it will achieve this through the use of its over 2000 man strong retail team to take its array of innovative insurance products to the door steps of Nigerians thus acting as their financial services partner.

Managing Director of the company, Val Ojumah, addressing journalist­s in Lagos, said some of the products in the company’s portfolio that will enable it achieve the purpose were specially designed with due considerat­ion to the pockets of the members of the insuring public.

“We have an array of innovative products designed with you in mind.

Take our Easy Save policy for example. This policy helps you put aside some money for short term projects with a pre-agreed interest on your savings. Instead of joining an ‘ajo’ or ‘esusu’ group where you need to start hoping that other members of the group pay their contributi­ons when due, why not take our Easy Save policy and be in total control of your finances”?

According to him, FBNInsuran­ce Family Income Protection Plan (FIPP) assures an insured’s family of a certain and continuous income in case of any eventualit­ies.

He further said FBNInsuran­ce understand­s the love and value Nigerians place on their children/wards, particular­ly their education; therefore has designed a FlexiEdu policy specifical­ly for them.

“FlexiEdu ensures you never have to worry about your children/wards’ tuition again for the foreseeabl­e future.

He also spoke about FBN extended family plan saying the Extended Family Support plan of the company (EFSP), is a life-related insurance plan that takes care of financial life of people in extended family.

Speaking on non life products in the kitty of the company, Ojumah said “Our sister company, FBN General Insurance Limited, deals with all non-life insurance businesses.

Talk about truly reliable auto insurance packages, we’ve got it.

You own a business and are worried about your staff’s trustworth­iness? Get our Fidelity Guarantee cover. Involved in logistics and haulage? Our Goods-in-Transit policy is what you need to give you peace of mind.

Continuing, he said: “Many times, due to one unforeseen developmen­t or the other, people have lost properties worth millions of Naira due to flooding, fire or theft.

For those who stay in Lagos, especially in some parts of the Island, the fear of flooding is the beginning of wisdom. But is this fear supposed to drive you to the brink of restlessne­ss? No! Choose our Fire, Special Perils plan today and you can safely forget about your fears and worries with respect to your home.”

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