Cornerstone Insurance Insight: Protecting families through life insurance, smart investments
Cornerstone Insurance Plc
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Cornerstone Insurance Plc has underscored the broader value of life insurance, describing it as a financial planning tool that extends beyond providing compensation after death to helping individuals and families build long-term financial security.
The insurer made this known as part of its ongoing customer education campaign aimed at increasing awareness of the importance of life insurance in protecting households against unforeseen financial challenges.
According to the company, its range of life insurance products is designed to meet the varying financial goals of customers, whether they are seeking basic life protection or a combination of insurance and wealth creation.
Among its offerings is the Cornerstone Life Insurance Plan, a one-year term assurance policy that provides a lump-sum benefit to beneficiaries if the policyholder dies during the period of coverage.
Managing Director/Chief Executive Officer of Cornerstone Insurance Plc, Mr. Stephen Alangbo, explained that the policy was created to safeguard the financial wellbeing of dependents in the event of the insured’s death within the policy term.
He said the product is intended to provide timely financial relief for families, ensuring they have the support needed during difficult times.
The policy features a fixed coverage period with a one-time premium payment and offers benefits such as income support for dependents, settlement of outstanding financial obligations, and assistance with funeral-related expenses.
Beyond traditional life insurance, Cornerstone Insurance also provides investment-linked products, including the Maximum Investment Plan, iSave Plan, and the Cornerstone Universal Plan. These solutions combine life cover with structured savings and investment opportunities, enabling customers to grow their wealth while maintaining financial protection.
The company advised prospective policyholders to choose life insurance products that align with their financial objectives, noting that some customers may prioritise protection, while others may prefer solutions that integrate insurance with long-term investment benefits.
Through its expanding portfolio of life insurance products, Cornerstone Insurance said it remains committed to promoting financial resilience, responsible planning, and improved financial security for individuals and families across Nigeria.
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.
