Home Business Insurance World LASACO Assurance Pays ₦443m As Death Benefits To 132 Families Of Deceased SUBEB, Local Govt Staff
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LASACO Assurance Pays ₦443m As Death Benefits To 132 Families Of Deceased SUBEB, Local Govt Staff

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BY NKECHI NAECHE– ESEZOBOR– Lasaco Assurance PLC, a trusted Insurance partner in safeguarding the welfare of Lagos State employees, has proudly played a key role in the disbursement of ₦443 million as death benefits to 132 families of deceased Local Government and State Universal Basic Education Board (SUBEB) staff.

This initiative underscores Lasaco Assurance PLC’s dedication to honoring its promises, providing unwavering support and financial security to its clients and their loved ones, during challenging times.

The presentation of insurance benefits was held at the Ministry of Local Government, Chieftaincy Affairs, and Rural Development in Alausa-Ikeja.

The event was graced by key stakeholders such as the Permanent Secretary of the Ministry of Local Government, Chieftaincy Affairs and Rural Development, Mrs. Kikelomo Bolarinwa, who commended Governor Babajide Sanwo-Olu for his unwavering dedication to staff welfare and applauded the collaborative efforts in ensuring the well-being of the state’s workforce.

Mrs. Kikelomo Bolarinwa also urged the beneficiaries to honor the memory of their loved ones by utilizing the funds judiciously, ensuring that the support provided by the deceased is translated into meaningful and lasting benefits for their families.

Mr Razzaq Abiodun, the Managing Director/CEO of Lasaco Assurance PLC, was represented by Mr. Dimeji Olona, who expressed profound appreciation for the Lagos State Government’s steadfast commitment to its employees.

He commended the role played by Haggai Insurance Brokers in the seamless distribution of benefits, highlighting the importance of such partnerships in delivering on commitments to clients.

Echoing this sentiment, Mr. Segun Amure, Managing Director/CEO of Haggai Insurance Brokers, expressed acknowledged gratitude to Lasaco Assurance PLC for its reliability and steadfastness in fulfilling its obligations.

He encouraged the beneficiaries to make cautious use of the funds, reflecting the hard work and dedication of their departed family members.

Mrs. Toyeebah Olona, Director of Teachers Pension Department, representing Local Government and State Universal Basic Education Board (SUBEB), extended heartfelt sympathies to the beneficiaries, acknowledging their grief and urging them to find solace in the support provided.

She emphasized the importance of respecting the wishes of the deceased by managing the funds wisely to ensure the continued well-being of their families.

Lasaco Assurance PLC remains steadfast in its mission to provide comprehensive insurance solutions that offer peace of mind to its clients. Through unwavering commitment and strategic partnerships, Lasaco Assurance PLC continues to demonstrate its loyalty and dedication to fulfilling promises, ensuring that the welfare of its clients and their families remain at the forefront of its operations.

This recent disbursement not only reflects the company’s core values but also serves as a testament to its role as a dependable partner in safeguarding the interests of the people of Lagos State.

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