Heirs Insurance offers N10m in essay contest

The Heirs Insurance Group has announced the opening of applications for the fourth edition of its annual Heirs Insurance Essay Championship, targeted at junior secondary school students nationwide.

In a statement on Wednesday, it was indicated that N10.5m worth of prizes will be up for grabs in this year’s edition features N10.5m worth of prizes.

The winning student will receive an N5 m scholarship along with an N1m education grant for their school. The first and second runners-up will receive N2m and N1m scholarships, respectively. In addition, insurance-focused themes and quizzes have been embedded into the application process for students, ensuring early engagement with the concept of insurance.

To participate, students must submit original essays of not more than 500 words on the topic ‘The Role of Insurance in Keeping Families Safe and Secure’ via its website. Submissions are open from May 27 to July 8, 2025.

In a significant expansion of the initiative, the 2025 edition introduces the Teachers’ Insurance Awareness Prize, a new category designed to recognise and reward teachers who actively promote insurance education within schools and communities.

For the Teachers’ Insurance Awareness Prize, the top teacher will receive a N1m cash prize, with an additional N500,000 grant awarded to their school. To qualify, teachers must implement an insurance awareness project and provide evidence of their initiative and its impact.

Commenting on this year’s competition, Chief Marketing Officer, Heirs Insurance Group, Ifesinachi Okpagu, said, “We are excited to return with an even bigger edition of the Heirs Insurance Essay Championship. This year, we are not only empowering students and their schools but also shining a light on the critical role teachers play in shaping financially aware communities. Across our businesses, we see education as a powerful tool to build a more secure future, and we are proud to drive that vision forward.”

The Heirs Insurance Essay Championship remains a flagship Corporate Social Responsibility initiative of Heirs Insurance Group, aimed at improving education outcomes and deepening insurance awareness among the younger generation. Winners of the programme will be announced at a Grand Finale event in August 2025.

Heirs Insurance Group is the insurance arm of Heirs Holdings, the leading pan-African investment company, with investments across 24 countries and four continents.