ABOUT 40 students of unity colleges across Nigeria have received their claims as beneficiaries of the NICON Students Welfare Insurance Scheme arising from the unfortunate death of their parents.
The cheques were presented to the beneficiaries’ principals at the on-going Annual General Meeting of principals of Unity Colleges in Uyo, the Akwa Ibom State capital. The claims arose from the death of the named sponsors of students of various Federal Government Colleges in different parts of Nigeria.
Speaking during the presentation of the cheques, the chairman of the conference and principal of Queen’s College, Yaba, Dr (Mrs) Lamin Amodu thanked NICON Insurance for the prompt payment of the claims which she said has ensured that the bereaved students to complete their secondary education.
According to her, the payment of the claims has renewed the confidence of the association in the company and urged all principals to cooperate with NICON in the implementation of the Student Welfare Insurance Scheme (SWIS).
SWIS, which is an innovation from the stable of NICON Insurance Limited ensures that students of Unity Colleges complete their education incase their named sponsor dies or is unable to work due to permanent disability arising from accident.
NICON pays the fees and upkeep of such students if the unexpected happens during the school session. The company also pays the medical benefits of the students if involved in an accident during the session.
The Chief Marketing Officer of NICON Insurance Ltd, Mr Samson Davies said the company is interested in the future of students, especially when their sponsors are no longer able to pay their fees.
He added that the company is updating its database in order to enroll the students involved in all 104 unity schools, to be able to meet its obligations within the shortest possible time.
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