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By Henry Uche
In order to mitigate the pains of dependants of deceased persons, especially widows, insurance expert, Mr. Chima Nwachukwu, has urged men to take insurance cover for their properties.
He said this is necessary in other to avert problems between their dependents and extended family members in the future. Mr. Nwachukwu, who is an insurance industry expert who made this appeal during his book launch titled, “When Life Happens” a fictional series, said he had an encounter with a poor widow whose husband’s relatives not only oppressed her, she was denied her of husband’s estate after his demise.
“The sad experience with a widow in 2006 inspired me to write this book. It’s common to see relatives oppress the fatherless and widows in their quest to grab the properties of the deceased. So, men should protect their dependants while alive.
“We must give social security a top priority. If the husband had purchased a life insurance policy for his family- which is a promise, a document, she wouldn’t have any reason to fight for her husband’s estate, because she would have been designated as the beneficiary,” he said.
He implored men who purchase life insurance policies and other necessary arrangements to disclose every bit of information to their wives and children, saying, “disclosure is very important.”
The chairman of the occasion, Mr. Edwin Igbiti who is the president, Chartered Insurance Institute of Nigeria (CIIN), corroborated the author’s position saying, “Every insurance stakeholder should deploy every strategic means and channel to tell real life insurance stories to one another as the inevitable would always happen.”
