The managing director/CEO, Heirs Life Assurance (HLA), Mr. Niyi Onifade charged employees of the Lagos State government to adopt Annuity Plans as a pension-regulated option that pays a stream of regular income throughout one’s retirement life.
Speaking on ‘Annuities: What They Are, The Types, How They Work,’ at an event in Lagos last week, Onifade emphasised the significance of subscribing to a holistic retirement planning that provides financial backing throughout life for peace of mind and a comfortable future. He also stressed the necessity of being prepared for retirement, while sharing Annuity options available to retirees.
He said: “at Heirs Life Assurance, we recognise the need for individuals to secure their financial future and we believe that our Heirs Life Annuity Plan offers a robust solution that aligns with your retirement goals.” The Heirs Life Annuity Plan, he said, is designed to provide individuals with a steady stream of income during retirement, ensuring financial security and peace of mind, adding that, the flexible options tailored to meet diverse needs, the plan offers a reliable solution for retirees seeking financial stability in their post-working years.
Heirs Life Assurance Limited (HLA) is a specialist life insurance company that is challenging traditional insurance with 21st-century digital tools and technology to provide simple, quick, reliable, and accessible financial security plans to individuals and businesses.
Heirs Life Assurance is a subsidiary of Heirs Holdings, a pan-African investment group with presence in 24 countries across 4 continents.