FG approves life insurance claims for employees
The Federal Executive Council (FEC) has approved the sum of N9.2 billion as premium to insurance companies managing group life insurance for federal civil servants.
The Minister of Information and Culture, Lai Mohammed revealed this at a State House briefing with correspondents at the state house on Wednesday.
He said “On behalf of the Head of Civil Service of the Federation, I will like to report that council today approved the award of contract for the appointment of insurance companies for group life assurance for federal government employees, public servants, para-military and the intelligence community for the year 2021-2022 in the sum of N9,248,995,907.
“This premium is for a period of 12 months. This is part of the government’s welfare programme for our public employees so that in case of death, they are assured that there would be compensation.” The minister added.