ADVERTISEMENT
TechEconomy
Thursday, May 8, 2025
No Result
View All Result
Advertisement
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » Benefits of Stanbic IBTC Insurance Comprehensive Funeral Expenses Cover

Benefits of Stanbic IBTC Insurance Comprehensive Funeral Expenses Cover

Techeconomy by Techeconomy
October 5, 2023
in Insurance
0
Stanbic IBTC Insurance
Stanbic IBTC Insurance

Stanbic IBTC Insurance

RelatedPosts

AXA Mansard appoints Adebola Surakat

AXA Mansard Investments Renews Commitment to Women Empowerment

May 3, 2025

AXA Mansard Health Reiterates Commitment to Customer-first Approach

April 30, 2025

Stanbic IBTC Insurance Limited, a subsidiary of Stanbic IBTC Holdings PLC, has unveiled its latest insurance product, the Sunset Benefit Plan, to help customers celebrate a life well spent and provide comprehensive funeral expenses coverage and financial security during bereavement or loss of their loved ones.

This innovative insurance solution will transform the industry and bring peace of mind to policyholders and their families.

Akinjide Orimolade, Chief Executive, Stanbic IBTC Insurance Limited expressed his excitement about the Sunset Benefit Plan, emphasising its importance in financial planning.

He stated;

“Having a comprehensive funeral expenses cover is a crucial part of financial planning as it ensures that you are not caught unprepared when the unexpected happens. With The Sunset Benefit Plan, we are thrilled to introduce an insurance product that eases the burden of funeral expenses with the passing of a loved one. With this plan’s flexibility and customisation options, individuals can tailor their coverage to match their unique financial situations.”

The Sunset Benefit Plan offers a wide range of benefits, making it a comprehensive solution for funeral costs.

It covers policyholders and their loved ones, including spouses and parents or parents-in-law, with a next birthday age of up to 75 years at entry into the policy.

The loved ones can be added through extra premium payments, allowing for a personalised experience.

Premium for the Sunset Benefit can be paid within a five-year  period or paid till the age of 70 for policy holders who take up the policy after age 65.

Titi Ogungbesan, Executive Director, Business Development at Stanbic IBTC Insurance Limited, highlighted the various additional benefits for policyholders. These additional benefits include cover for interment, grocery, catering, childcare, and a cashback benefit applicable to payment plans up to age 70.

United BANK

This cashback feature allows policyholders to receive a refund equivalent to 12-month premiums every five years, provided premiums are up-to-date and no claims have been made on the policy.

The plan allows for payment of the benefit on the death of loved ones who are covered under the plan. The policy holder will choose the benefit payable upon the occurrence of death.

The plan also allows for waiver of premium where the policy holder passes on before the other beneficiaries. This applies if the premium has been paid consistently for 12 months before death.

The benefit in this situation will also be paid on the lives of the loved ones.

This comprehensive funeral cover perfectly aligns with Stanbic IBTC Insurance Limited’s mission of empowering individuals to secure their future with creative risk management solutions that enable clients to create, protect, and preserve wealth.

Stanbic IBTC Insurance Limited is a leading insurance provider in Nigeria, offering innovative and comprehensive insurance products to secure individuals’ financial futures.

As a subsidiary of Stanbic IBTC Holdings PLC, the company is committed to providing top-notch insurance solutions and empowering clients to achieve their life goals.

The Sunset Benefit Plan is now available for interested individuals seeking financial security and peace of mind during life’s most challenging moments.

With Stanbic IBTC Insurance Limited’s trusted track record in financial services and prompt claims management, policyholders can be confident that they are fully covered.

4 total views , 1 views today

United BANK

Author

  • Techeconomy
    Techeconomy

    View all posts
0Shares

Tags: Stanbic IBTC Insurance
Previous Post

Mastering the Multi-cloud

Next Post

Huawei Made it Happen – The Installation of first 1MW Battery in Africa

Techeconomy

Techeconomy

Related Posts

AXA Mansard appoints Adebola Surakat
Insurance

AXA Mansard Investments Renews Commitment to Women Empowerment

by Latifat Fashina
May 3, 2025
0

In celebration of Women’s Month, AXA Mansard Investments Limited, a leading asset management firm has expressed its commitment to continue...

Read more
AM Best affirms Credit Ratings of AXA Mansard Insurance

AXA Mansard Health Reiterates Commitment to Customer-first Approach

April 30, 2025
RACHEL MORÉ- OSHODI - CEO - ARM-Harith

ARM-Harith Secures £10m Funding from FSDAi to Unlock Nigerian Pension Funds

April 15, 2025
UK MOBILIST programme invests $6 million in InfraCredit | MOBILIST

UK-backed InfraCredit Lists on NASD to Raise $17.7m for Infrastructure Development

April 14, 2025
AXA Mind Health Report

AXA Mansard: Mind Health Report Highlights Importance of Workplace Wellness

March 26, 2025
AXA Mansard, LUTH and Startups

AXA Mansard Health Strengthens Provider Partnerships to Enhance Customer Experience in 2025

March 26, 2025
Next Post
1MW battery in Africa

Huawei Made it Happen - The Installation of first 1MW Battery in Africa

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

Audio Player
CYBERSECURITY ESSENTIALS
Techeconomy Podcast
CYBERSECURITY ESSENTIALS
BUILDING STRONGER NETWORKS AND COMMUNITIES[...]
  • 0.8
  • 1
  • 1.2
  • 1.5
  • 2
Download
  • Facebook
  • Twitter
  • Linkedin
  • Copy episode link Copied
  • Download
Captions
00:00
00:00
CYBERSECURITY ESSENTIALS
byTecheconomy

BUILDING STRONGER NETWORKS AND COMMUNITIES

CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Filmmaking and Technology: A chat with Micheal Chineme Ike
June 7, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

Video Player
https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz
00:00
00:00
00:31
Use Up/Down Arrow keys to increase or decrease volume.
uba

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

© 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

© 2025 Techeconomy - Designed by Opimedia.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.