OCTABASE PRODUCT PROFILE

Our Corporate Profile

Octabase .BS Limited is a firm incorporated under Company and Allied Matter Decree 1990 of Corporate Affairs Commission, as a general insurance services consultant.

We are a prime firm that has the vision to providing excellent insurance service delivery to individual, private company, public and multinational organizations from diverse sectors.

Vision

Our vision is to become a proactive partner with our clients, committed to providing tailor made full and value added services to meet their demands.

Mission

Our mission is to be responsive and result oriented through dedicated leadership; providing timely services using effective, qualified and competent manpower towards ensuring that our customers satisfaction is guaranteed at all times.  .

Our Goal

Our goals is to work for individual and business organizations through provision of sound risk management advisory, procure adequate scope of insurance cover at the best price and by designing product package that will meet their demand while aligning with reputable insurance company.

Code of Ethics

To run a profitable and socially responsible business entity being environmental friendly adding value to our stakeholders and the communities in which we operates

Management Profile

Octabase .BS Limited is structured on partnership basis supported by a full complement of highly qualified professional advisors who are noted for expertise and extensive experience and skilled support staff; given us the strength to handle any size of insurance portfolio.  

4 WAYS TO CONTROL YOUR EMOTIONS IN TENSE MOMENTS.

The ability to recognize, own, and shape your own emotions is the master skill for deepening intimacy with loved ones, magnifying influence in the workplace, and amplifying our ability to turn ideas into results. My successes and failures have turned on this master skill more than any other.
But can you strengthen this core muscle of your emotional anatomy? If your impulses tend to override your intentions in cherished areas of life, is it possible to make the converse the norm?
Four practices have made an immense difference for me at important moments in my career, like this one when I facd.
Own the emotion. Emotional responsibility is the precondition of emotional influence. You can’t change an emotion you don’t own. The first thing I do when struck by an overpowering feeling or impulse is to accept responsibility for its existence. My mental script is, “This is about me, not about that or them.” Emotions come prepackaged with tacit external attribution. Because an external event always precedes my experience of an emotion, it’s easy to assume that event caused it. But as long as I believe it was externally caused I am doomed to be a victim to my emotions.
Name the story. Next, you need to reflect on how you colluded with the initial event to create the present emotion. Emotions are the result of both what happens, and of the story you tell yourself about what happened. One of the powerful practices that helps me detach from and take control of my emotions is to name the stories I tell. Is it a victim story — one that emphasizes my virtues and absolves me of responsibility for what is happening? Is it a villain story — one that exaggerates the faults of others and attributes what’s happening to their evil motives? Is it a helpless story — one that convinces me that any healthy course of action (like listening humbly, speaking up honestly) is pointless? Naming my stories helps me see them for what they are — only one of myriad ways I can make sense of what’s happening. 
Challenge the story. Once you identify the story, you can take control by asking yourself questions that provoke you out of your victim, villain, and helpless stories. For example, I transform myself from a victim into an actor by asking, “What am I pretending not to know about my role in this situation?” I transform my colleague from a villain into a human by asking, “Why would a reasonable, rational, and decent person say this?” and I transform myself from helpless into able by asking, “What’s the right thing to do now to move toward what I really want?”
As I pondered these questions in my interaction with my colleague, I saw how my impatience and… gulp… arrogance, was a big part of why he was saying this. As I asked, “What is the right thing to do…” I felt an immediate release from resentment and anger. A calming humility emerged. And, I began to ask questions rather than present my defense.

Find your primal story. Over the years, I’ve wondered why the stories I tell myself are so predictable. In my research with hundreds of leaders, I’ve found that most people have habitual stories they tell in predictable circumstances as well. Early life experiences that we perceived at the time to be threats to our safety and worth become encoded in our potent memories.
For example, perhaps a classmate in second grade coaxed you to an unsupervised place in the schoolyard and bullied you in a traumatic way. A parent may have shown you less approval than a sibling. From these experiences, the most primal part of our brains code certain conditions as threatening — physically or psychically. And from that point forward, you don’t get to vote on whether you’ll react when those conditions are present. When a larger work colleague raises his voice, your brain might connect with the old bully experience.  “Humility is strength not weakness” had an immediate calming effect. Reciting a specific script in moments of emotional provocation weakens trauma-induced reaction that is not relevant in the present moment.

PENSION MANAGEMENT PLAN

The main objectives of this plan is to ensure that any person(s) who worked in either a private or public sector receives their retirement benefits and when due by establishing a uniform set of rules, regulations and standards for the administration of a programmed pension scheme that made provision for payments of retirement benefit to employees.
Both employer and employees are required by to make contributions that represent a percentage of employees' monthly emoluments as defined in the contract of employment. A total emolument is interpreted as that from the employee's basic salary, housing,transport allowance , also additional contribution can be made by individual to their retirement savings account.

ANNUITY PLAN

Annuity 'plan is a life time source of regular income that is purchased by transferring a retiree accumulated fund from a retirement savings account or proceed from other savings plan. Lump sum is paid at once and payment is received through the lifetime of the annuitant.

INVESTMENT PLAN

We specifically create an investment plan for individuals who desire bulk funds for specific projects that cut across different life events, and the retirement plan to help individuals and staff members of organizations to look into their future expected needs.

GROUP LIFE AND GROUP PERSONAL ACCIDENT INSURANCE SCHEME

These insurance schemes by law is required of employer of labour within a minimum of five employees and above to put in place a combined group life and group personal accident insurance scheme by virtue of the Pension Reform Act 2004. The Act further provides in section 9sub-section (3) that "Employees shall maintain this insurance scheme to make provision for employees for a minimum of three((3) times the annual emolument of the employee as benefit

The Group life Assurance scheme would pay out benefit to the dependant  of an employee for death of the employee when in service while the group personal accident provide cover for the risk of unforeseen incident resulting to bodily injury from accident , permanent disablement, temporary and medical expenses while employees perform the purpose of their employment,

PUBLIC LIABILITY INSURANCE

Basically, this policy provides compensation for legal liability for death, injury, disease or damage to the properties of members of the public other than employees within the business premises.