AIICO Insurance Plc, a leading insurer in Nigeria, has raised the bar of its annuity product by disbursing a staggering sum of N1.3 billion monthly to annuitants.
The gesture has provided the annuitants with a guaranteed stream of income for their retirement years.
The insurer’s commitment to financial security goes beyond offering products as the company fosters a growing community of financially empowered individuals, evident in the continuous rise in its Annuity customer base.
This growth is powered not only by new customer base but also by the trust and positive experiences of existing policyholders, who have referred friends and family to the product.
The humane impact of AIICO’s annuity product can be adjudged by the testimonials of its customers.
Mr Samuel Ogunremi, an annuity customer, has been ecstatic about his experience with AIICO Insurance since he bought the annuity policy years ago.
Ogunremi said, “I have been with AIICO since 2012, and I have no cause for regret. People ask me how I have been getting my retirement money every month without disappointment. I always tell them to try AIICO Insurance because they have been paying me without fail. Since I retired, AIICO hasn’t let me down. I always get my payment monthly. So, I am happy to recommend AIICO to others for the same good experience.”
Also, Mrs Ayetunde Aiso, another annuity recipient, and a former civil servant, said, “Ever since I signed up for AIICO’s Annuity for my retirement, I have always received my payment as and when due, no delays and no stories. I have experienced peace of mind. I have no problem recommending AIICO to anyone who wants to enjoy a peaceful retirement.”
Mr Gbenga Ilori, Executive Director and Head of Retail Business at AIICO said, “At AIICO, we understand the importance of financial stability, especially during retirement. Our Annuity product is designed to address this very need, offering our customers peace of mind with guaranteed monthly payouts for life. We are proud to be a part of their financial journey.
“We are confident that the Annuity market holds immense potential, and we are well-positioned to capitalise on this growth. Our robust financial standing and exceptional customer service ensure that our Annuity policyholders receive not only a guaranteed income stream but on time.
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