Banks to pay life insurance to policemen

18.02.2008

The life insurance of policemen killed by armed robbers, while guarding banks would henceforth be paid by the banks. Force Spokesman, Mr. Agberi Akpoebi, told the News Agency of Nigeria (NAN) on Sunday in Abuja that the decision was part of the resolutions at the weekend between the force and the banks.

The IG, Mr Mike Okiro, had met with the bank executives and expressed concern on the way and manner policemen were being killed while guarding banks or escorting bullion vans.

It was decided at the meeting that the banks would now pay for the life insurance and the accident insurance of all policemen attached to them as the case may be,” he said.

Akpoebi said killing of policemen by armed robbers, while raiding banks was demoralising to policemen.
The IG was not happy with the way and manner our field officers are being killed in the banks by armed robbers,'' he also said

He said a 20-member panel was set up during the meeting to implement the IG' s earlier directive on the purchase of bullet proof bullion vans by the banks.

“Ten members each were drawn from both sides to ensure that all the requirement for cash movement and issues of bank security were met as required by the IG,” Akpoebi said.

The spokesman said the committee would continue to work until all the requirements and logistic support were provided by the banks.

He also called on the Federal Government to boost accident insurance schemes for the officers and men who died or were injured while in active service.

Akpoebi said the existing welfare insurance schemes in the force could only cater for the immediate needs of the families of the deceased or injured policemen.