Loss of Employment Protection
Financial Support When You Need It Most — Value Back When You Don’t
Unexpected job loss can disrupt your income, plans, and peace of mind. Our Loss of Employment Protection Plan is designed to give you confidence in uncertain times by providing financial support if you lose your employment through circumstances beyond your control.
And because protection should still reward you, if no claim is made during the qualifying term, you become eligible to receive your full indemnity package at maturity.
This means your plan works for you either way.
This plan may be ideal for Salaried employees, Private sector professionals, Mid-level and senior staff, Young professionals building stability, Individuals with family responsibilities, Workers with loans or fixed monthly commitments, and anyone who wants income protection.
How It Works
If You Lose Your Job
If you experience loss of employment due to eligible reasons covered under the plan, you may receive up to NGN 3 million in financial support, based on your selected package and plan terms.
This support can help you manage important expenses such as:
- Rent or housing commitments
- Utility bills
- Family upkeep
- Loan obligations
- Daily living expenses
- Career transition costs
If You Do Not Lose Your Job
If no eligible claim is made throughout the plan term, you may receive your full indemnity package at the end of the qualifying period, subject to the plan terms and conditions.
This allows you to enjoy both protection and future value.
Why Choose This Plan?
Dual Benefit Structure
You are covered if the unexpected happens, and rewarded if it does not.
Peace of Mind
Continue working with greater confidence knowing a financial backup exists.
Smart Financial Planning
Your contributions can still deliver value after the plan term.
Flexible Packages
Choose a plan level that suits your income and financial goals.
Trusted Support
Built for workers, professionals, and income earners who value security.