The sudden loss of a member can impose considerable financial challenges on both the association and the family of the member. The Social Welfare Insurance Scheme is a proactive benefit policy that disburses a predetermined sum to alleviate the financial strain faced by the family in unforeseen circumstances.

Lump sum benefit on the death of a member. Prompt disbursement of benefits. Affordable and manageable premiums.

Features:
Association executives act as policyholders, while members are the insured lives. Coverage includes death and can be extended to cover permanent disability, temporary disability, and accidental medical expenses. Premiums are typically paid by members to the Association, remitted annually to the Insurance Company. Renewable annually, providing coverage on a 24-hour basis. Entry age: 18 to 70 years.

Coverage against natural or accidental death, 24 hours a day.

Top Executives above 70 years are however exempt from this package as they have crossed the eligible age limit. Please inform the OGTAN Secretariat if this applied to you.

Premium of N8,000.00 per member/annum, providing a death benefit of N1,000,000.00

Notification by the Association or delegated officer immediately upon death.
Benefits paid to the Association, responsible for transmitting them to the beneficiary.
Claims processing and benefits disbursement channeled through the Association.
Claims cheque in the event of death paid to the next of kin within two weeks of documentation completion.

For inquiries, please contact the OGTAN Manager at:
+2348134785676 or nwosu.darlington@ogtan.org.ng