Heirs Insurance Awards N10.5 Million Scholarships to Winners of Essay Competition

James Emejo in Abuja

Heirs Insurance Group, yesterday in Abuja, splashed a total of N10.5 million on winners of the fourth edition of Heirs Insurance Essay Championship.

The nationwide competition promotes financial literacy and academic excellence among secondary school students and educators.

The grand finale brought together students, parents, and academic leaders for a celebration of knowledge and creativity.

This year’s edition, which attracted over 5,000 entries from junior secondary school students nationwide, was anchored on the topic, “The Role of Insurance in Keeping Families Safe and Secure.”

Speaking at the ceremony, Sector Head, Heirs Insurance Group, Niyi Onifade, commended all the participants for their creativity and drive, emphasising the group’s commitment to nurturing future leaders through education.

Onifade said, “We are proud of every student and teacher who participated in this year’s Essay Championship.

“Their creativity, curiosity, and dedication reflect the future we envision for our nation; one built on knowledge, innovation, and resilience.

“At Heirs Insurance Group, we believe financial literacy is a powerful tool for empowerment and transformation.”

The Heirs Insurance Essay Championship is a flagship Corporate Social Responsibility (CSR) initiative of Heirs Insurance Group, created to build awareness of insurance literacy and critical thinking among young Nigerians.

This year, Heirs Insurance introduced the inaugural Teachers Prize, to honour teachers promoting insurance awareness within their schools and communities. This initiative was created to democratise access to insurance literacy, working collaboratively with teachers and educators.

The group said the introduction of the Teachers’ Insurance Awareness Prize further demonstrated its commitment to advancing insurance education and promoting financial inclusion at every level of society.

After a rigorous evaluation process by a distinguished panel of academic professionals, independently verified by Deloitte & Touche, 13-year-old Rhema-Love Abraham of Precepts Learning Field, Lagos, emerged as the overall winner, earning a N5 million scholarship and a N1 million grant for her school.

Bernice Michael of S-TEE High School, Lagos, claimed the second-place position, winning a N2 million scholarship, while Afopefoluwa Tofio-Jacobs of D-IVY College, Ogun State, took third place, receiving a N1 million scholarship.

Mr. Okpe James Chidi, a teacher at Urban Secondary School, Umuna Orlu, Imo State, emerged as the winner of the Teachers’ Insurance Awareness Prize, with a personal award of N1 million cash prize, and a N500,000 grant for his school.

Chidi’s project, which sought to deepen students’ understanding of financial literacy and insurance, was praised for its innovation, reach, and measurable impact.