LASACO pays N142m Claims to Dead Workers’ Families

LASACO Assurance Plc has paid N142 million to families of dead workers of the Lagos State Government as insurance claims, the Deputy Managing Director, Rilwan Oshinusi has said.

In a s said no fewer than 71 families benefited from the Lagos State Group Life/Group Personal Accident Insurance Scheme insured by LASACO Assurance Plc last month.

He said the beneficiaries were families of the deceased in all the local government areas in Lagos State and the State Universal Basic Education Board (SUBEB)

He said: “Lagos State is the first state in the country to come up with life insurance package for its workers and the company was committed to best insurance practices, adding that the benefits of government’s employees would not be compromised.

“LASACO, which was founded in 1979, strives to deliver exceptional value to its teeming stakeholders by offering first class innovative products and services. In achieving this, the Company seeks to remain proactive and flexible in meeting the constantly changing factors in the business environment,” he added.

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