Lasaco Assurance pays N443m death benefits to 132 deceased families staff

LASACO Assurance Plc has played a major role in the payment of N443 million death benefits to 132 families of deceased staff of the Local Government and State Universal Basic Education Board (SUBEB).

The management said this initiative underscores Lasaco Assurance Plc’s dedication to honoring its promises and providing unwavering support and financial security to its clients and their loved ones, during challenging times.

Lasaco, a trusted Insurance partner in safeguarding the welfare of Lagos State employees, presented the insurance benefits to the affected families at the Ministry of Local Government, Chieftaincy Affairs, and Rural Development in Alausa-Ikeja.

The Permanent Secretary of the ministry of Local Government, Mrs Kikelomo Bolarinwa, commended Governor Babajide Sanwo-Olu for his unwavering dedication to staff welfare and lauded the collaborative efforts in ensuring the well-being of the State’s workforce.

She also urged the beneficiaries to honour the memory of their loved ones by utilizing the funds judiciously, ensuring that the support provided by the deceased is translated into meaningful and lasting benefits for their families.

The Managing Director/CEO of Lasaco Assurance PLC, Razzaq Abiodun, who was represented by Dimeji Olona, expressed profound appreciation for the Lagos State Government’s steadfast commitment to its employees.

Abiodun lauded the role played by Haggai Insurance Brokers in the seamless distribution of benefits, highlighting the importance of such partnerships in delivering on commitments to clients.

The Managing Director/CEO of Haggai Insurance Brokers, Segun Amure, while echoing the same sentiment expressed gratitude to Lasaco Assurance Plc for its reliability and steadfastness in fulfilling its obligations.

Amure advised the beneficiaries to make good use of the funds, reflecting the hard work and dedication of their departed family members.

Mrs Toyeebah Olona, Director of the Teachers Pension Department, representing the Local Government and State Universal Basic Education Board (SUBEB), extended heartfelt sympathies to the beneficiaries, acknowledging their grief and urging them to find solace in the support provided.

She stressed the importance of respecting the wishes of the deceased by managing the funds wisely to ensure the continued well-being of their families.

The management of the firm said Lasaco Assurance Plc remains steadfast in its mission to provide comprehensive insurance solutions that offer peace of mind to its clients.

It added that through unwavering commitment and strategic partnerships, Lasaco Assurance PLC will continue 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.

Lasaco stressed that the 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 event was graced by key stakeholders, especially the families of the deceased staff.

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