The Federal Executive Council has approved a group life insurance scheme for federal government officials, civil servants, and some other workers at the federal level.
The approval was given at the FEC meeting presided over by President Bola Tinubu at the Council Chamber of the State House, Abuja.
The Head of Civil Service of the Federation, Didi Walson-Jack, who briefed State House correspondents after the meeting, said the scheme covers key government officials, comprising the President, the Vice President, the Chief of Staff, the Secretary to the Government of the Federation, ministers, the Head of the Civil Service of the Federation, permanent secretaries and employees of federal government ministries and treasury funded agencies.
The scheme also covers paramilitary agencies such as the Nigerian Immigration Service, the Nigeria Security and Civil Defense Corps, the Nigeria Correctional Service, the Federal Fire Service, the Federal Road Safety Corps, the National Drug Law Enforcement Agency, and the Office of the National Security Adviser.
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“The scheme underscores the importance that President Bola Tinubu’s Administration has placed 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 servants’ next of kin stands to have a benefit to help the family cushion the family at that time of loss,” Walson-Jack said.
The scheme is an annual one, and today’s approval was for the 2025/2026 policy year, which would commence from the date of payment of premium to underwriters in line with the no-premium, no cover policy.
However, she said the insurance scheme would expire at the end of 2026.
“The approval for today was for the appointment of 17 insurance underwriters for the group life insurance cover and the year 2025/2026. The premium is paid to the insurance companies for a duration of 12 months.
Source: Channels TV
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