Nigeria - 2017 - Finance

Revised Guidelines on Group Life Insurance Policy for Employees

Ministry of Finance, Budget and National Planning, Nigeria

Following the Pension Reform Act 2014, these guidelines outline the rules and standards for the procurement and maintenance of group life insurance policy in Nigeria including the required documentation, operational terms, death of an employee, missing employees, settlement of claims, and other related matters.

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Revised Guidelines on Group Life Insurance Policy for Employees Current Version

January 2022

Following the Pension Reform Act 2014, these guidelines outline the rules and standards for the procurement and maintenance of group life insurance policy in Nigeria including the required documentation, operational terms, death of an employee, missing employees, settlement of claims, and other related matters.

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