Mutual Benefits pays out N35bn on claims in 2024 full year

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Committed to meeting its obligation to policyholders, Mutual Benefits Assurance Plc and its subsidiary, Mutual Benefits Life Assurance Ltd have disbursed claims totalling N34.54 billion in full year 2024.


The pay-out, the company noted, underscores its unwavering commitment to financial security and customer satisfaction, despite rising economic challenges.


The claims paid in 2024 covered both General and Life Insurance, reflecting Mutual Benefits’ ability to fulfil its obligations across various insurance segments.

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