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We are tired of donating to sick members, Nollywood needs insurance cover – Arinze

Arinze

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Chuks Udo Okonta

Nollywood Icon, Segun Arinze, has implored insurers to urgently reach out to practitioners in the entertainment sector and educate them on the need to secure their lives and properties with insurance.

Arinze, who said this at the launch of ‘The Good Life’ awareness campaign by Stanbic IBTC Life Insurance Limited in Lagos, stated that members of Nollywood are tired of donating to members with health challenges.

He maintained that insurance as risk mitigating instrument would help cater for medical bills of members who have critical health challenges.

He noted that his family has prioritized insurance, stressing that they have subscribed to some policies to plan for the future.

Chief Executive, Stanbic IBTC Holdings, Dr. Demola Sogunle,
said many Nigerians were just beginning to understand the importance of insurance, but as an organisation, Stanbic had been very deliberate about educating both young and old about the advantage that the right insurance cover provides to life and property.

“Today, in taking that effort further, we launched what we have tagged: The Good Life Campaign to advocate the value that comes from having Life Insurance and the availability of multiple Life Insurance solutions from our Life Insurance Company, Stanbic IBTC Insurance.”

Chief Executive, Stanbic IBTC Insurance, Akinjide Orimolade,
said having a life insurance package is a necessity as it guarantees peace of mind and aids preparedness for unprecedented occurrences.

He urged Nigerians to get life insurance covers and shun the belief that insurance can only be bought by only rich or old people.

“The Good Life campaign is aimed at creating awareness of several fully customised, innovative, life insurance solutions that enable Nigerians easy access to the good life.

“As professionals with vast knowledge of the insurance market, we can offer the most suitable policies for our retail and corporate clients, based on extensive research and conscientious needs assessment.

“Having a life insurance cover is a smart thing to do, especially in these uncertain times, especially as it covers beneficiaries from financial hassles when life happens.”

Stanbic IBTC Insurance has comprehensive insurance covers like Credit Life, Group Life, Education Endowment, Annuity, Sunset Plan and Term Assurance, amongst others.

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