Cornerstone Insurance Insight: Life insurance offers protection beyond death benefits
Cornerstone Insurance Plc
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Cornerstone Insurance Plc has reaffirmed that life insurance provides far more than a death settlement, offering Nigerians a vital tool for long-term financial protection, stability, and investment growth.
The company highlighted this as part of its customer education initiative aimed at deepening understanding of life insurance and its value in securing families’ financial futures.
Cornerstone Insurance provides a variety of life insurance solutions tailored to different needs, including the Cornerstone Life Insurance Plan, a one-year term assurance policy that pays a lump sum to beneficiaries if the insured passes away within the policy period.
According to the Managing Director/CEO of Cornerstone Insurance Plc, Mr. Stephen Alangbo, the plan is “designed to protect the livelihood of the insured’s dependents in the event of death within the period of cover.” He noted that the policy ensures families receive essential financial support at critical moments.
Key features of the Cornerstone Life Insurance Plan include coverage for a specified term and a single, upfront premium payment. Its benefits range from providing financial support for dependents to helping settle outstanding debts and covering funeral-related expenses.
The company also offers investment-linked life policies, such as the Maximum Investment Plan, iSave Plan, and the Cornerstone Universal Plan, which combine life insurance with structured savings and investment opportunities. These products cater to customers who desire wealth-building options alongside life protection.
Cornerstone Insurance emphasised that selecting the right plan depends on each individual’s financial goals, whether they require pure protection or a mix of life cover and investment returns. Through these offerings, the insurer continues to champion financial planning, security, and responsible risk management among Nigerians.
For more details, visit any Cornerstone Insurance branch, call 0708 621 6957, or visit www.cornerstone.com.ng to learn more about the Maximum Investment Plan and other innovative products.
