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Group Life Insurance Adoption Remains Low Despite Legal Requirement – Stakeholders | Collector
Group Life Insurance Adoption Remains Low Despite Legal Requirement – Stakeholders
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Group Life Insurance Adoption Remains Low Despite Legal Requirement – Stakeholders

Stakeholders in the insurance industry have highlighted a significant opportunity for improvement regarding group life insurance adoption in Nigeria, despite its mandatory status under the Pension Reform Act (PRA) 2014. This act mandates employers to provide group life insurance for their employees, yet many fail to meet this requirement, which can leave families vulnerable when […]

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