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NSIA Insurance launches new products

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Nigeria’s leading insurance company, NSIA Insurance, has launched a slew of Life insurance products that are geared towards satisfying the needs of its customers.

The rollout of the products, five in all, further reiterates the company’s commitment to create, protect and preserve the wealth of its customers.

The products include NSIA Deferred Annuity Plan, NSIA Education Protection Plan, NSIA Family protection Plan, NSIA Family Welfare Plan and NSIA Term Assurance with Cash Back.

All the products have been approved by the National Insurance Commission (NAICOM), the country’s insurance regulatory authority.

Commenting on the new products, NSIA’s managing director/ chief executive officer, Ebelechukwu Nwachukwu said the launch of the products was informed by the company’s quest to add value to its customers at every touchpoint.

Her words: “We recognize the fast pace at which the world is changing, and with it, consumer’s needs. Therefore, we strive to constantly develop innovative products to ensure that we bring value to our customers at every touchpoint“.


NSIA Deferred Annuity Plan is designed for long-term savings that provide you with an avenue to save towards a regular income in retirement. It also serves as an opportunity to convert lump sums into regular income to enable you to enjoy a luxurious life after retirement.

NSIA Education Protection Plan shields groups of families and individuals against the ongoing cost of their child’s education upon the death of any of the two parents or physical incapacitation of the fee-paying parents.

NSIA Family Protection Plan pays a specified amount of money in the event of death by ensuring that the costs of the funeral will be covered, so that the family members do not have to struggle financially.

NSIA Family Welfare Plan affords you the opportunity to leave a legacy for your loved ones. It is an annually renewable plan designed to make provisions for your family when an eventuality occurs.

NSIA Term Assurance with Cash Back offers you a percentage of the premium paid if no claim is filed till the expiration of the policy. Along with financial protection and peace of mind, you get cashback!


NSIA Insurance Limited is a first-class composite insurance company driven by Integrity, Care, Innovation and Professionalism. It has its Head Office in Lagos, with a strong regional presence in Abuja and an extensive network in strategic States across the Country. NSIA Insurance offers a wide range of insurance services at competitive rates to meet the changing financial, investment, and lifestyle needs of its corporate, commercial, and individual customers.

NSIA Insurance Limited (Nigeria) is part of NSIA Participations, which is currently present in 12 African countries; Benin, Cameroon, Congo, Côte d’Ivoire, Gabon, Ghana, Guinea, Guinea Bissau, Mali, Nigeria, Senegal and Togo.

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