Heirs Life urges retirees to adopt annuity as retirement succour

By Henry Uche

Heirs Life Assurance (HLA) has charged employees under Lagos State government to adopt annuity plans as a pension-regulated option that pays a stream of regular income throughout one’s retirement life.

The Managing Director/CEO, of the firm, Mr. Niyi Onifade, made this charge recently at the Retirement Readiness Workshop organised by the Nigerian Insurers Association (NIA), and the Lagos State Ministry of Finance, held in Lagos.

The workshop was a platform provided for the intending retirees to enhance their knowledge and better prepare for retirement.

Speaking on the topic “Annuities: What They Are, The Types, How They Work,” Onifade emphasised the significance of subscribing to a holistic retirement planning that provides financial backing throughout life for peace of mind and a comfortable future. He also stressed the necessity of being prepared for retirement, while sharing Annuity options available to retirees.

He said, “At Heirs, we recognise the need for individuals to secure their financial future and we believe that our Heirs Life Annuity Plan offers a robust solution that aligns with your retirement goals.

“The Heirs Life Annuity Plan is designed to provide individuals with a steady stream of income during retirement, ensuring financial security and peace of mind. With flexible options tailored to meet diverse needs, the plan offers a reliable solution for retirees seeking financial stability in their post-working years.”