Lasaco Assurance PLC has disbursed N443 million as death benefits to 132 families of deceased Local Government and State Universal Basic Education Board (SUBEB) staff members, its Managing Director/CEO, Mr Razzaq Abiodun, has said.
He spoke during the presentation of benefits at the Ministry of Local Government, Chieftaincy Affairs, and Rural Development in Alausa-Ikeja.
Abiodun, who was represented by Mr. Dimeji Olona, expressed appreciation for the state government’s commitment to its employees.
He stated that the initiative underscored Lasaco Assurance’s dedication to honouring its promises, providing unwavering support and financial security to its clients and their loved ones, during challenging times.
He commended the role played by Haggai Insurance Brokers in the distribution of benefits, highlighting the importance of such partnerships in delivering on commitments to clients.
He said: “Lasaco Assurance 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 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.
The Permanent Secretary, Ministry of Local Government, Chieftaincy Affairs and Rural Development, Mrs. Kikelomo Bolarinwa, commended Governor Babajide Sanwo-Olu for his dedication to staff welfare and applauded the efforts in ensuring the well-being of the state’s workforce.
Mrs. Bolarinwa urged the beneficiaries to honour the memory of their loved ones by utilising the funds judiciously, ensuring that the support provided by the deceased is translated into meaningful and lasting benefits for their families.
Managing Director/CEO of Haggai Insurance Brokers, Mr. Segun Amure, expressed gratitude to Lasaco Assurance PLC for its reliability and steadfastness in fulfilling its obligations.
He urged the beneficiaries to make good use of the funds, reflecting the hard work and dedication of their departed family members.
Director, Teachers Pension Department, representing Local Government and State Universal Basic Education Board (SUBEB), Mrs. Toyeebah Olona sympathised with the beneficiaries, acknowledging their grief and urging them to find solace in the support provided.
She emphasised the importance of respecting the wishes of the deceased by managing the funds wisely to ensure the continued well-being of their families.