Lagos, May 18, 2023: Mr Niyi Onifade, Managing Director, Heirs Life Assurance (HLA) on Thursday urged Lagos State Government workers to choose the annuity plan as a pension-regulated option for their retirement.
Onifade said this at the Retirement Readiness Workshop organised by the Nigerian Insurers Association (NIA) on Thursday in Lagos.
The NIA Retirement Readiness workshop provided a platform for intending retirees to enhance their knowledge and better prepare for retirement
Onifade, who spoke on the topic: ”Annuities ; What They Are, The Types, How They Work”, said that the annuity plan offered a stream of regular income throughout beneficiaries’ retirement life.
He explained that the retirement plan also provided financial backing for a life time and gave peace of mind and a comfortable future.
”At Heirs Life, we recognise the need for individuals to secure their financial future and believe that our Heirs Life Annuity Plan offers a robust solution that aligns with their retirement goals,” he said.
According to him, 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.
Onifade said the plan offered flexible options to meet diverse needs as well as a reliable solution for retirees seeking financial stability in their post-working years.
Heirs Life Assurance Limited (HLA) is a specialist life insurance company.
It is a subsidiary of Heirs Holdings, with 21st-century digital tools and technology to provide simple, quick, reliable and accessible financial security plans to individuals and businesses.