Business NAICOM Says All Nigerians Need a Life Insurance Regardless of Their Economic Status

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LequteMan

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The National Insurance Commission, NAICOM, at a public enlightenment programme in Lagos has said it is developing a new insurance industry development roadmap that will take the industry to the next level.

Commissioner for Insurance, Mr. Fola Daniel, who said this added that the development plan would help to consolidate and ensure the target goals of the insurance sector were achieved.

“People should be able to take at least a life insurance regardless of their financial capacity. This is what insurance is all about and the commission feels that the development plan will help streamline this area.”

He said the commission will incorporate all stakeholders including consumer associations in the proposed national insurance blueprint, saying the way the insurance industry is now organised is not helpful to majority of the citizenry because people need insurance to live a good life, National Mirror reports.

Daniel said that insurance companies should support the activities of ISCAN to achieve its objectives, adding that it was business meant for all the stakeholders.

#NAICOM #Nigeria #Lagos

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