BY EKERETE OLA GAM-IKON
Ekerete Ola Gam-Ikon, MNIM, CPP, is a Management Consultant in Insurance and Entrepreneurship. He can be reached on +234-802-585-0344 (WhatsApp only) or eolagamikon@gmail.com
#HappyFathersDay2023
Insurance advisory for fathers
God gives us the assurance to be with us every step of the way, and Fathers, made in His image, carry similar assurances to be with their families every step of the way.
As Fathers are not God, to handle the risks and challenges of life, God gives us wisdom and knowledge that are packaged as tech-enabled financial solutions including insurance and insurtech.
We should embrace them and create an assured future for our families.
ADVICE 1: Find and Subscribe to an Insurance Scheme that Enables YOU to remain a Father in their sight. For example, as a Father, you pay the school fees for your children, so take up Child Education Endowment Policy that ensures their fees will continue to be paid if you lose your job, be disabled and unable to work and earn an income or you are dead and no longer there. A Father should always be there for his family!
ADVICE 2: Find and join a Group of Fathers that are Financially Strong Together and Support Each Member when the Need Arises. After the COVID-19 pandemic when we were all shocked and shaken, people especially Fathers realised that together we can respond better to such situations. Groups of men exist today that support their members when the unexpected happens. Insurance for groups like Group Life Assurance, Group Personal Accident and Group Health Insurance can address some of the shocks that Fathers face.
ADVICE 3: Fatherhood Never Ends, What YOU Leave Behind Matters. Every business, irrespective of its fame today, was started by one person. Fathers, like Henry Ford, Bill Gates and Aliko Dangote, just to mention a few, will long be remembered because they built enterprises that their children and grandchildren can work with. What are you building that your children will leverage on? A good name is good. An enterprise is better. A foundation to give back to society is the best. If you can’t do it alone, find another Father that may share your vision.
Generally speaking, our world is changing faster than our thoughts, so we need to act more than we think. Some Fathers are showing that it is possible with Artificial Intelligence and Machine Learning and Insurance can be predicted to help when disasters occur.
Remember as a Father, you’re like God with all the answers, reach out for help to save those that look up to you.
Enjoy this Father’s Day like no other.
