Good morning, i received a text from mtn about one MANSARD INSURANCE

You can now enjoy a life insurance cover of N350, 000 for just N15/day with MTN Y.ello Cover. Send LIFE to 770 now for free! From MTN with Mansard Insurance

and was about to delete it thinking its one of this mtn useless sms. Life insurance of 350, 000 wit a daily deduction of N15? I was curious but interested. However, i remembered a thread- How Pension Managers Are Cheating Nigerians -https://www.nairaland.com/1489204/how-pension-managers-cheating-nigerians??p=1??. The thread highlighted how nigerians are cheated and this raised my doubts about this life insurance scheme. Googled MANSARD INSURANCE and i found that it was formerly GT ASSURANCE now in the hands of some foreigners. Now my question-
1. Is MANSARD INSURANCE under NAICOM different from INSURANCE company under PENCOM?

2. Those that were under GTASSURANCE now MANSARD INSURANCE, how are you being treated?

3. This LIFE INSURANCE when will one have access to it, 10, 20 years time?

Thanks for your response.

hisblud: Good morning, i received a text from mtn about one MANSARD INSURANCE and was about to delete it thinking its one of this mtn useless sms. Life insurance of 350, 000 wit a daily deduction of N15? I was curious but interested. However, i remembered a thread- How Pension Managers Are Cheating Nigerians -https://www.nairaland.com/1489204/how-pension-managers-cheating-nigerians??p=1??. The thread highlighted how nigerians are cheated and this raised my doubts about this life insurance scheme. Googled MANSARD INSURANCE and i found that it was formerly GT ASSURANCE now in the hands of some foreigners. Now my question-
1. Is MANSARD INSURANCE under NAICOM different from INSURANCE company under PENCOM?

2. Those that were under GTASSURANCE now MANSARD INSURANCE, how are you being treated?

3. This LIFE INSURANCE when will one have access to it, 10, 20 years time?

Thanks for your response.

Hi Hisblud,
I am Mansard Insured. I have been in the program since 2009 and i choose the life insurance scheme. I have never been treated somehow and I do enjoy my premium payment. As to when you can have access to your insurance plan,I think you visit any GTBank Branch, because it can be base on your agreement whether 2,3,4.......... years. Thanks.

titusodem:


Hi Hisblud,
I am Mansard Insured. I have been in the program since 2009 and i choose the life insurance scheme. I have never been treated somehow and I do enjoy my premium payment. As to when you can have access to your insurance plan,I think you visit any GTBank Branch, because it can be base on your agreement whether 2,3,4.......... years. Thanks.

thank titus... at least some of my doubts has started clearing... but wait you said GTBank branch? i tot they handsoff GT Assurance therefore it is not under their control anymore... i dont get it.. can you explain further?

Secondly, the life insurance thing, what is really insured? my business, work, family etc and i hope people wont have headache when one wants to access his/her funds... please clarify further with anything that you think might be of benefit... thanks once again

MTN AND THIER WAHALA

If I understand your post it says life insurance...meaning you'd have to be dead first and your next of kin can make claims. The one you get paid on maturity is an anuity. I'm not an insurance expert so I'm open to corrections.

Pls how do I unsuscribe? Wen dey sent me d text to subscribe dey didn't tell me I wil b payin rental of 15naira daily jus for dem to cut it today.
Abeg I wan unsubscribe. No b for my pocket abeg. D airtime I load is enuff for dem to knw deir customers who deserve it or berra stil let dem do it on lottery basis.

Sm1 help me!! I wan unsubscribe

@donatee, kindly text STOP to 770