Welcome to Salary Protection Insurance Scheme(SPIS)!

This scheme serves as a shock absorber to any subscriber who loses his or her job, accidentally. We guarantee a safety net of scaled salary payment for two years for all our subscribers.





FACTS You Should Know

Loss of employment is real.

Situation could warrant sudden termination of your employment.

It could take a while to find a new job.

The family could suffer discomfort as a result of sudden termination of employment.

Sudden illness could lead to loss of employment

The chances of loss of employment are increasing in an unstable economy.

The good news is that you can have immediate financial support in case of sudden loss of employment.

RATED INDUSTRIES

UNITED BANK FOR AFRICA (UBA)

FIRST BANK OF NIGERIA PLC

ECOBANK NIGERIA PLC

ZENITH BANK

GUARANTY TRUST BANK PLC

FIRST CITY MONUMENT BANK PLC

FIDELITY BANK PLC

ACCESS BANK

SKYE BANK

DIAMOND BANK PLC

STANBIC IBTC BANK NIGERIA LIMITED

UNITY BANK PLC.

WEMA BANK

STANDARD CHARTERED BANK

CITIBANK NIGERIA LIMITED

HERITAGE BANK

KEYSTONE BANK

STERLING BANK

UNION BANK OF NIGERIA

PROVIDUS BANK PLC

ACCION MICROFINANCE BANK

AB MICROFINANCE BANK

GLOBACOM NIGERIA LIMITED

AIRTEL NIGERIA LIMITD

MTN NIGERIA LIMITED

MAIN ONE CABLE

SMILE COMMUNICATION NIGERIA

ETISALAT

ERICSSON

SWIFT NETWORK

(HYSON) HYDROCARBON SERVICES COY NIG LTD

(KRPC) KADUNA REFINING AND PETROCHEMICALS COY LTD

(PHRC) PORT HARCOURT REFINING COY

(WRPC)WARRI REFINING AND PETROCHEMICALS COY LTD

ACORN PETROLEUM PLC

ADDAX PETROLEUM NIGERIA

ARCO GROUP

ASCON OIL

BRASS LNG LTD

CALSON BERMUDA LTD

CENTURY ENERGY SERVICES LIMITED

CHEVRON

CONOIL PLC

EXXONMOBIL

FORTE OIL PLC

FRONTIER OIL LIMITED

HYDRODIVE NIGERIA LIMITED

INTEGRATED DATA SERVICES LIMITED (IDSL)

MRS OIL NIGERIIA PLC

NATIONAL ENGINEERING AND TECHNICAL COMPANY (NETCO)

NESTOIL PLC

NIGERIA GAS COMPANY

NIGERIA PETROLEUM DEVELOPMENT COMPANY (NPDC)

NNPC RETAIL LIMITED

PETROLOG ENERGY

PIPELINES AND PRODUCT MARKETING COMPANY (PPMC)

PLATFORM PETROLEUM LIMITED

SAHARA GROUP

SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC

SHELL

TOTAL NIGERIA PLC

ZENON

7-UP BOTTLING COMP. PLC

CADBURY NIGERIA PLC

FLOUR MILLS NIG. PLC

GUINNESS NIG. PLC

NESTLE NIGERIA PLC

NIGERIAN BREWERIES PLC

P Z CUSSONS NIGERIA PLC

UNILEVER NIGERIA PLC

DANGOTE FLOUR MILLS PLC

DANGOTE SUGAR REFINERY PLC

PROCTER and GAMBLE NIGERIA

FRIESLAND CAMPINA WEMCO

NIGERIAN BOTTLING COMPANY PLC

YALE FOODS LIMITED

CHEMSTAR PAINTS INDUSTRY NIGERIA LIMITED

BERGER PAINTS NIGERIA PLC

LAFARGE AFRICA PLC

ASHAKA CEMENT PLC

DANGOTE CEMENT PLC

DANGOTE SALT

NASCON PLC

FAN MILK PLC

BRITISH AMERICA TOBACCO

MANTRAC NIGERIA LIMITED

IHS NIGERIA LIMITED

HUAWEI TECHNOLOGIES

INTERSWITCH

FBN LIFE

AFRICAN ALLIANCE INSURANCE COMPANY LTD

MUTUAL BENEFIT LIFE ASSURANCE COMPANY LTD

STANDARD ALLIANCE LIFE ASSURANCE COMPANY LTD

CAPITAL EXPRESS INSURANCE COMPANY LTD

CUSTODIAN LIFE ASSURANCE LTD

ARM LIFE PLC

ZENITH LIFE ASSURANCE COMPANY LTD

UNITED METROPOLITAL LIFE NIGERIA PLC

OLD MUTUAL NIGERIA LIFE ASSURANCE LTD

WAPIC LIFE ASSURANCE LIMITED

UNIC INSURANCE PLC

CUSTODIAN AND ALLIED INSURANCE COMPANY LTD

MUTUAL BENEFIT ASSURANCE PLC

NEM INSURANCE COMPANY PLC

ZENITH GENERAL INSURANCE COMPANY LTD

SOVEREIGN TRUST INSURANCE PLC

ROYAL EXCHANGE ASSURANCE NIGERIA PLC

CONSOLIDATED HALLMARK INSURANCE PLC

STANDARD ALLIANCE INSURANCE PLC

LAW UNION AND ROCK INSURANCE PLC

EQUITY ASSURANCE PLC

WAPIC INSURANCE PLC

LINKAGE ASSURANCE PLC

UNITRUST INSURANCE COMPANY LTD

PRESTIGE ASSURANCE PLC

OLD MUTUAL NIGERIA GENERAL INS COMPANY

ANCHOR INSURANCE COMPANY LTD

NIGERIA AGRIC INSURANCE CORPORATION

UNIVERSAL INSURANCE COMPANY LTD

LEADWAY ASSURANCE COMPANY LTD

AIICO INSURANCE PLC

AXA MANSARD INSURANCE PLC

NIGER INSURANCE PLC

LASACO ASSURANCE PLC

CORNERSTONE INSURANCE PLC

UNION ASSURANCE COMPANY LTD

CONTINENTAL REINSURANCE PLC

STANBIC IBTC INSURANCE BROKERS LIMITED

NIGERIA STOCK EXCHANGE

NATIONAL INSURANCE COMMISSION(NAICOM)

FEDERAL AIRPORTS AUTHORITY OF NIGERIA(FAAN)

NIGERIA CUSTOM SERVICE

NIGERIA IMMIGRATION SERVICE

FBN QUEST

BANK OF INDUSTRY

NEXIM BANK

ETRANZACT INTERNATIONAL PLC

INVESTMENT ONE

C and I LEASING PLC

CENTRAL SECURITIES CLEARING SYSTEM PLC

ACQUILA CAPITAL LIMITED

ARIK

AERO CONTRACTORS

MEDVIEW

FIRST NATION

SKYWAY AVIATION HANDLING COMPANY LIMITED(SIFAX SAHCOL)

CAVERTON HELICOPTER

AIR PEACE

SABRE TRAVEL NETWORK NIGERIA

CFAO GROUP - NIGERIA

GENERAL ELECTRIC

CAVERTON MARITIME

WAKANOW

FIDSON HEALTHCARE PLC

ELIGIBILITY

To join the scheme, you have to be employed in a rated company

Proposal have up to 30 days after sign up to decide to continue with the policy or upon cancellation within 30 days will be entitled to 100% of the premium.

Benefit for loss of salary shall become payable under the scheme in the event of the following conditions:

Loss of job resulting from critical illness.

Accidental loss of job not due to your own fault.

Policy has been incepted for a period not less than 12(twelve) months or six months in the case of Group Scheme.

Policyholder shall enjoy free advisory services on employer relationship.

Premium shall be determined based on individual employment risk profile.

Payment of premium could be monthly, quarterly, half-yearly or annually.

Payment of premium shall be by Direct Debit.