From left: Prince Cookey, Publisher/Editor-in-Chief, Business Journal; Bisi Bamishe, Publisher, Bislad News; Thaibat Adeniran, Managing Director/ Chief Executive Officer, Hilal Takaful Nigeria Limited; Ngozi Onyeakusi, Publisher, SuperNews, and Chuks Udo Okonta, Publisher, Inspenonline, when the EXCO of Insurance & Pension Editors of Nigeria (IPEN) paid a courtesy visit to Hilal Takaful Nigeria Limited in Lagos.
The Managing Director/CEO, Hilal Takaful Nigeria, Mrs. Thaibat Adeniran, has reiterated that Takaful insurance is not solely for Muslims, but designed to cater for needs of the insuring public, regardless of religion.
Speaking when members of the Insurance & Pension Editors of Nigeria (IPEN) paid a courtesy visit to the firm in Lagos, Adeniran assured that Hilal Takaful Nigeria provides robust insurance cover for Muslims and non-Muslims alike.
According to her, the firm at inception had 40 percent of policyholders as non-Muslim, adding that presently, the number has increased tremendously.
She noted that what attracts customers to Takaful products is not religion, but the products because the products meet their needs and more importantly, the cashback system.
“So that is a plus, when you work the talk and realise that non-Muslims also appreciates our products.”
Adeniran hinted that non-Muslims were their first clients at inception, stressing that people from different faiths show interest in Takaful products in as much as it was presented in truth and sincerity.
Speaking on claims payment, she stated that Hilal Takaful Nigeria settled claims worth N220 million in the 2022 financial year, while it paid N50 million in the month of June 2023.
On surplus payment, she assured that Hilal Takaful has been consistent in surplus payment, which according to her is calculated and paid to customers who did not receive claims within the financial year.
She noted that customers of Takaful are always excited to receive the surplus pay at the end of each financial year.
Speaking earlier, Mr. Chuks Udo Okonta, the President of IPEN, expressed delight on the performance of Hilal Takaful Nigeria and pledged that the Group would partner and support the firm in meeting its goal of providing enriched insurance products and services to the insuring public.
He noted that IPEN consists of development-focused journalists, who are committed to the growth of insurance and pension sectors of the Nigerian economy.
The IPEN President added the Group as part of its developmental initiatives, has being engaging stakeholders in the insurance and pension sectors to generate contributions that would sustain the growth of the sectors.
Okonta stated that IPEN as a Group had in the past had engagements with shareholders, insurance brokers, insurance agents and policyholders, adding that there are plans to also engage more insurance consumers to ascertain from them how they feel insurance and pension operators can serve them better.
