Group Life Insurance Scheme
With this initiative, our goal is to provide insurance cover for our members. This scheme commenced in February 2020 with 55 subscribers for the cycle February 2020 to February 2021. The bundle sum assured is made up of the following:
- Group Life N1.0m
- Critical Illness N0.5m
- Burial Expenses N0.25m
- Permanent Disability N0.5m
- Medical Benefit N0.25m
Annual Premium for individual subscriber is N14,625.
Members can purchase multiple bundles and pay N14,625 annual premium per bundle of N1m
We currently partner with Great Nigeria Insurance Limited who provides the insurance cover.
This scheme is available to all financial members of GEWA.
Payment of annual premium should be made into Sterling Bank Account 0071014266 (Great Equity Welfare Association)
Learn more about this scheme by getting in touch with the secretariat via the link provided below.