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.

ENGINEERING INSURANCE

This kind of insurance provide wide range of coverage for contractors, relatively to payment of compensation for loss occurring from the risk of material damage to the equipment, plants and machinery on site , contract job, surrounding properties, machinery breakdown, building in the course of erection and consequential loss.

BID BOND

This kind of bond is issues on request by a contractor when it is demanded by the principal as part of the requisite to bid for a contract job.

PERFORMANCE BOND

This is a surety insurance policy by which our company acts as guarantor for contracts secured by your company or given out to your contractors for which a performance guarantee is desirable.
Insurance bond is an instrument of surety that ensures smooth recovery of fund in a circumstance where the contractor failed to carry out the physical work of the contract as specified or within the time framed agreed in the contract terms and references.

ADVANCED PAYMENT METHOD

This is a surety insurance policy issued to an insured with which our company acts as a guarantor for payment of mobilization fees as advance payment to a contractor. This may represent a certain percentage of the total contract value.

GOODS ON TRANSIT

This provides cover for loss of damage to the insured goods whilst in transit by road, sea or air as the case may be from the point of departure to place of destination.

MARINE INSURANCE

This provides cover for loss or damage to the insured goods by sea and water perils at the time voyage by sea or air as the case may be from the port or warehouse of departure to port or warehouse of discharge.