This is a product that takes care of the overall Welfare of the members of our noble Institution. Members under this arrangement run a compulsory yet voluntary deposit of (N500.00) Five Hundred Naira monthly with their account and the following rites will be accorded welfare members as they arise.
- Wedding -N50 ,000.00
- House Warming/Child Dedication – N20, 000.00
- Retirement Benefits -N80, 000.00
- Health Insurance(Serious Health Challenges) -N50,000.00
- Loss Of Member’s Spouse -N50, 000.00
- Loss Of Member’s Parents -N50,000.00
- Member’s Loss -N200,000 (to beneficiary/Next of Kin)
Other Info:
- The yearly meeting for all members with entertainment
- Purchase of food items from our proposed welfare shop at 5% discount –to be located in strategic positions in Aba and Nigeria.
- Community service by welfare members.
Terms and Conditions:
- Not more than Five (5) rites/claims redemption per quarter.
- First come first serve bases.
- Old members who opted out on inception (Dec. 2021) are to pay the sum of (N5,000.00) Five Thousand Naira as entrance fee into this portfolio.
- One must be up to One(1) year as welfare member to be eligible for rite collection.