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A Mutual Benefits Group Company

Mutual Benefits
Life Assurance Ltd

Mutual Benefits Life Assurance Ltd is the life insurance subsidiary of the Mutual Benefits Group, licensed by NAICOM to underwrite life, annuity, and group life products across Nigeria. With decades of experience, the company delivers tailored cover and savings solutions that bring long-term financial peace of mind to individuals, families, and corporate clients.

NAICOM Licensed22+ Years HeritageLife & Savings PlansGroup Life Cover

Life & Term Cover

Individual and family life plans that pay out when your loved ones need it most.

Savings & Annuity

Long-term savings products and annuity plans designed to secure your retirement.

Group Life Solutions

Employer-sponsored group life schemes protecting entire workforces.

Our Trusted Leaders

Board of Mutual Benefits Life Assurance Ltd

Mr. Adesoye Olatunji

Mr. Adesoye Olatunji

(B.ENG. CHEMICAL, MBA, FCA)

Chairman

Mr. Biyi Ashiru-Mobolaji

Mr. Biyi Ashiru-Mobolaji

(HND INS. MBA, AIIN)

MD/CEO

Mr. Femi Asenuga

Mr. Femi Asenuga

(B.Sc, M.Sc, AIIN)

Director

Mr. Akinboye Taiwo Oyewunmi

Mr. Akinboye Taiwo Oyewunmi

(B.Sc, MBA)

Director

Amb. Babatunde Ajisomo

Amb. Babatunde Ajisomo

(BSc, MSc)

Director

Mr. Hakeem Oguntola

Mr. Hakeem Oguntola

(MPhil., ACA, CPA)

Director

Alhaji Lateef Akande Bakare

Alhaji Lateef Akande Bakare

Director

Mr. Opeyemi Awoyemi

Mr. Opeyemi Awoyemi

(BSc, MBA)

Director

Ready to get covered?

Protect what
matters most

Our life insurance and savings products are designed to secure your tomorrow — giving you and your loved ones confidence at every stage of life.

Explore Life Insurance Products

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