A group life insurance for the President, his Vice, Kashim Shettima, the Ministers, as well as the Head of the Civil Service of the Federation has been approved by the Federal Executive Council meeting chaired by President Bola Tinubu on Monday.
It also approved 17 underwriting firms to provide group insurance.
Head of the Civil Service of the Federation, Didi Walson-Jack, revealed this while briefing State House Correspondents on the outcome of the FEC.
She said the scheme underscores the importance the President places on the welfare of workers, especially federal civil servants.
Her words: “I have the privilege to present the approval of the Federal Executive Council as regards the Group Life Assurance Scheme. This scheme underscores the importance that President Bola Tinubu’s Administration has placed on the welfare of staff, specifically the welfare of the federal public servant.
“The Group Life Insurance Scheme is a scheme whereby the federal government has taken out a life policy on each public servant. And this means that if the unfortunate incident of death occurs, the deceased public servant’s next of kin stands to have a benefit to help the family cushion the loss at that time.
“This year, the group life assurance scheme covers key government officials, comprising Mr. President, the Vice President, the Chief of Staff, the Secretary to the Government of the Federation, Honorable Ministers, the Head of the Civil Service of the Federation, Permanent Secretaries, and staff of federal government ministries and Treasury-funded agencies. That is the extra-ministerial departments and agencies as well.
“The scheme also covers the prime military agencies such as the Nigerian Immigration Service, Nigeria Security and Civil Defense Corps, Nigeria Correctional Service, the Federal Fire Service, Federal Road Safety Corps, National Drug Law Enforcement Agency, and the Office of the National Security Adviser.
“The Group Life Insurance Scheme is an annual one, and today’s approval was for the 2025/2026 policy year. The policy would commence from the date of payment of premium to underwriters in line with the ‘no premium, no cover’ policy.
“I would just like to quickly take you through the actual approval for today. The approval for today was for the appointment of 17 insurance underwriters for the group life insurance cover and for the year 2025/2026, as I had earlier mentioned.
“The premium is paid to the insurance companies for the duration of 12 months. So this policy will expire next year. I would just like to say that, in as much as this policy has existed throughout this administration and even previous administrations, we find that not too many people know about the policy, and so we have, from my office, even planned to carry out a sensitization, which will be coming up very soon.
“But I’m so happy to be given the opportunity today to talk about this policy, and I ask that please, it would be very good to give this wide coverage, because this policy affects every public servant, including most of you seated here.
“So, on this note, I’d like to thank you and to say that this administration has placed the welfare of the public servant very highly, so that no deceased public officer’s family should be left without succour.”
