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    HomeNewsFEC has approved life insurance for Ministers, Tinubu, Shettima

    FEC has approved life insurance for Ministers, Tinubu, Shettima

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    “The President, Vice-President, Chief of Staff, and Secretary to the Government of the Federation are among the important government officials covered by the group life assurance plan this year,” Walson-Jack said.

    Other top government officials, including ministers, permanent secretaries, and employees of federal government ministries and treasury-funded institutions, will also be covered by the program.

    Personnel in paramilitary organizations like the Office of the National Security Adviser, the Federal Fire Service, the Federal Road Safety Corps, the Nigerian Correctional Service, the Nigerian Immigration Service, the Nigeria Security and Civil Defense Corps, the National Drug Law Enforcement Agency, and the Federal Fire Service will also gain.

    Additionally, Walson-Jack disclosed that the Group Life Assurance Scheme will be an annual policy, with the first policy year being 2025–2026.

    The establishment of a Group Life Assurance Scheme for government employees, paramilitary members, and other uniformed services has been authorized by the Federal Executive Council (FEC).

    Didi Walson-Jack, the Federation’s Head of Service, said that this action demonstrates the administration’s dedication to the well-being of federal workers.

    Following the sixth FEC meeting of the year, Walson-Jack briefed State House media on Monday, explaining that the insurance program’s goal is to give each public servant a life policy.

    The next-of-kin would get benefits in the sad event of a worker’s death to lessen the financial burden on the family.

    “This plan demonstrates how much the administration of President Bola Tinubu has prioritized the well-being of federal employees.

    According to the “no premium, no cover” policy, the insurance will go into effect on the day the premium is paid to the underwriters. The appointment of 17 insurance underwriters for the plan was approved by the FEC.

    “The insurance companies will receive the premium for a period of 12 months.” This policy will therefore expire in 2026,” she stated.

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