Cornerstone Insurance Insight: CLIP empowers families with protection, stability

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In today’s unpredictable world, financial protection is no longer a luxury but a necessity. Recognising this, Cornerstone Insurance Plc continues to reinforce the Cornerstone Life Insurance Plan (CLIP), a simple, affordable, and impactful policy designed to help Nigerian families stay financially secure against life’s unexpected challenges.

According to Charles Nwachukwu, General Manager, Business Development at Cornerstone Insurance, “CLIP is a term assurance product designed to protect the livelihood of an insured’s dependents in the event of his or her demise within the period of cover.”

With CLIP, policyholders can rest assured that their loved ones will not be left financially stranded. The plan provides dependents with up to ₦2 million in benefits, depending on the premium paid. Premiums start as low as ₦1,000, with cover ranging from ₦100,000 to ₦2 million annually. The policy runs for one year, and individuals can pay upfront for convenience. The maximum entry age is 64 years.

Beyond the specifics of the plan, Cornerstone Insurance underscores the importance of having life insurance as a critical pillar of financial stability. Life insurance offers peace of mind, ensuring that dependents can maintain their standard of living even after the loss of a breadwinner. It also helps families settle outstanding debts, cover children’s education, and manage daily expenses during difficult times.

The product reflects Cornerstone Insurance’s broader commitment to promoting a culture of financial responsibility, helping Nigerians build resilience through affordable and accessible insurance solutions.

For more information, visit any Cornerstone Insurance branch, call 0708 621 6957, or visit www.cornerstone.com.ng to learn more about CLIP and other products.