IMPROVE YOUR INVESTMENT PROFILE WITH INSURANCE POLICIES

For an intending entrepreneur, especially one who is planning to start his own business take off and grow, life insurance is a policy he may consider buying. The reason is that life insurance goes beyond the primary reason to protect ones dependent against the loss of your income or services, (death settlement); it also helps a person to plan for his future. Of course, life insurance has various products with savings and investment targets.

To many, insurance is about paying a regular premium to the insurance company in order to get compensation whenever a loss occurs. But aside from this, insurance could be a viable means of making money, especially through investment in some insurance products.

A key peculiarity of investment – linked insurance products is that they help the policy holder to save for the purpose of investment. Some other characteristics of such products include allowing the policy holder to get interest on his savings; giving him access to loan to financial counseling as well as compensation for his dependents, if he dies before the policy matures. An investment-focused insurance policy helps to cultivate a savings habit in person, while motivating him to focus on his set plans.

These policies are provided by life and composite insurance companies. As expected, they usually have different benefits attached to them.

However, it is advisable, any individual, who wants to achieve a target (which could be an investment plan or a project), to get a flexible investment plan policy. A flexible investment plan is a long-term investment plan policy (of 10 years span, for instance), but with highly competitive guaranteed compound interest rates. The policy also includes a sizable guaranteed death benefit and is available to anyone under the of 55.

I noted that the product provides for the payment of additional contributions at any time within the policy term. At maturity, the policy owner can be allowed an option of extending the policy contract, if he wants.

Interestingly, the insurance company will support the dependants of policy owner with sizable, in-built life coverage, if he dies within the early years of the policy.

By this, the investment policy is well structured to protect the living and alleviate the suffering of the dependents of the dead. Besides, the policy can be pledged as collateral security to raise a loan.

The best way to analyze the amount of life insurance you want is to take the following three steps:

Compute the financial need
List the everyday expenditure that will have to be covered by your loved ones once you die. Think about the one time operating cost that occurs immediately ahead of and after a death. The major monetary cost of your premature death is the loss of your income. How many years did you plan to support your loved ones? How much will everyday expenditure decrease because you are no longer there
work out the capital available to meet those needs
If you have considerable savings or other assets, you may choose to plan on using these funds to cover part of the monetary need. Subtract these resources from the financial need calculated above to determine how much life insurance you should purchase. Now that you've recognized the monetary need that will exist on your death and the resources available, you can shut the gap among the two with life insurance. Shop around and compare prices and coverage’s carefully.
It's significant to appraisal your need for life insurance periodically as your position change. Having another child or buying a new home could prompt a need to buy more life insurance.

FOR MORE CLICK HERE

THE LATEST LUCRATIVE VACANCIES

1.

WorleyParsons is recruiting Fresh Graduate for Trainee Engineer as a project Management.

Trainee Engineer – Project Management
Job Code: NG-LAG-2010-22966
Division: DeltaAfrik Engineering Ltd
Location: Lagos, NG
Job Type: Full Time
Education: Bachelors Degree

Requirements for the job:
Specific Knowledge:
Basic engineering knowledge in Electrical, Mechanical, Civil, or Chemical

Industry Specific Experience:
0-3 years of related work experience

CLICK HERE TO APPLY

2.

Baker Hughes Incorporated is recruiting fresh Graduate for Oil and Gas Trainees.

Baker Hughes Incorporated (NYSE: BHI) provides reliable, practical solutions when and where our customers need them to lower costs, reduce risk and improve productivity. From the reservoir to the refinery we create value with high-performance products and services to analyze, drill, evaluate, complete and produce oil and gas reserves and then transport and refine the hydrocarbons. For over a century, innovation has been part of our DNA.

Baker Hughes was formed in 1986 with the merger of Baker International and Hughes Tool Company—both founded over 100 years ago when R.C. Baker and Howard Hughes conceived ground-breaking inventions that revolutionized the fledgling petroleum era. Since those earliest advancements, we’ve never stopped searching for solutions to conquer the next frontier. As a leading oilfield services company centered on technology and innovation, Baker Hughes is well known in many parts of the world. However, if you don’t know much about us, you may be surprised by the scale and scope of our business, and by the range of career choices we offer to graduates and interns.

When you join our team, your opportunities are global. Our 50,000 employees work in more than 90 countries, setting new standards of excellence in drilling and evaluation, completions and production, fluids and chemicals, and reservoir analysis. Please take a few minutes to learn more about us and apply now.

Applying to be a field engineer

• Have you completed a (minimum) four-year degree in the one of the key disciplines we describe?
• Are you fluent in the English language (Level 5 on a global English test)?
• Do you have a passion for technology?
• Do you like the idea of working outdoors in all kinds of conditions?
• Are you legally qualified to work in a country within the Africa region without any restrictions?
• APPLY HERE
  

Applying to be a nonfield engineer

• Have you completed a four-year degree, Master’s or Ph.D. in the one of the key disciplines we describe?
• Do you want to specialize in reliability, supply chain management, R&D or design?
• Are you fluent in the English language (Level 5 on a global English test)?
• Are you legally qualified to work in a country within the Africa region without any restrictions?
• APPLY HERE
  

Applying to be a field specialist

• Have you completed a two-four year technical diploma in engineering or electronics, or a three-year degree in any subject?
• Do you want a hands-on technical field-based job?
• Are you legally qualified to work in a country within the Africa region without any restrictions?
• APPLY HERE
  

Applying for a commercial role

• Have you completed a four-year Bachelor’s degree or a Master’s in one of the key disciplines we describe?
• Are you fluent in the English language (Level 5 on a global English test)?
• Are you legally qualified to work in a country within the Africa region without any restrictions?
• APPLY HERE
  

LATEST VACANCIES & UNDERGRADUATE SCHOLARSHIP

1.
Graduate Recruitment for Field Service Engineers at GE Oil & Gas

GE specializes in varies technology, media and monetary services company, devoted to creating products that enhanced life. From aircraft engines and power generation to financial services, medical imaging, television programming and oil and gas. GE operates in more than 99 countries and employer of over 299,000 people global (www.ge.com)

In an endeavor to help Nigeria meet its growing demand for electricity, GE has supplied over 98 gas turbines to the country. From our custom solutions in the oil & gas, energy and healthcare industries to our local inspection and servicing facilities, GE has fostered growing relationships with both the government and private business sectors, helping the country reach its potential. (www.ge.com/ng)

Title of the Job: Field Service Engineer 7

Job Number: 1262929
GE Energy – Oil & Gas

Career Level: Entry-Level

Location: Onne, Nigeria

Summary

The Entry Field Service Engineer will be in charge of pre-defined operation, installation, maintenance, testing, adjustment; troubleshooting and technical assistance based on good engineering, manufacturing, installation and operation practices as applicable to upstream oil exploration/production equipment and in accordance with contractual work scope requirements.

Qualifications/Requirements

HND/B.Sc. Engineering
Minimum of 2 years Industry experience
Minimum of 1 year experience in a field service/maintenance role with oil service or similar company
Good knowledge of English language
Computer skills as required to manage files, communicate via email, as well demonstrate competence in Microsoft office
Willingness to travel and work flexible schedules- international may be required
Ability to work in a demanding workplace with challenging conditions/environments
Ability to obtain/maintain travel documents (passport/visa)
Posses a valid driver’s license
Application Deadline
Not stated

Apply here http://www.ge.com/jobsearch/jobs/Field-Service-Engineer-7



2.

PZ Cussons is Recruitmenting Fresh Graduate Trainee


PZ Cussons Nigeria Plc is major subsidiary of PZ Cussons. No other consumer goods company possesses our legacy in Nigeria or comprehends its customers better than we do. Our approach to Nigeria, our customers, our consumers and to our business is designed to sustain us far into the future. Our main business purpose in Nigeria is sustainable and profitable growth and our drive to be world-class in every aspect of our business life will be relentless.

As a result of the continuing need for market expansion. Opportunities have been created for young graduates to join our organization as Graduate Trainees.

Title of Job: Graduate Trainees
Job Description

We seek to recruit young university graduates in any related discipline into our Graduate Trainee Scheme. This program is designed to equip these graduates with the requisite skills necessary to assume leadership roles within the organization.
Successful candidates will undergo a six-month training period which will include intensive classroom training as well as attachments to key areas of our business. They will also be expected to handle assigned projects as part of their classroom training.

REQUIREMENT:
– A minimum of a Second Class Upper in any related discipline, A CAN DO attitude exhibiting our core values : COURAGE,ACCOUNTABILITY, NETWORKING, DRIVE and ONENESS.
- Good computer skills
- Completed the National Youth service Corps(NYSC) year
- Candidates must not be more than 28 years old.


Qualified applicants should apply online at: www.dragnetnigeria.com/pzcussons

3.


DHL Nigeria is recruiting Sales Executives and Managers for Lagos, Kano, Abuja and PH

DHL Global Forwarding Nigeria Ltd, a company owned by Deutch Post DHL, is a worldwide leader in the forwarding business. DHL offers integrated services and tailored, customer-focused solutions for managing and transporting letters, goods and information.

In order to reinforce and go forward in our position as one of the key players in the market, DHL Global Forwarding Nigeria Ltd invites applications from highly motivated and suitable qualified applicants to join our company as;

1. Sales Manager- Lagos
Job Ref: SM-102010

2. Field Sales and Sales Executives- Lagos, Kano, Abuja, PH.
Job Ref: SE-102010

The role requires sales people with
- Leadership and management of DGF sales activity.
- Steer sales organization via specified targets in alignment with DGF strategy.
- Generate additional business, maximize profit and grow DGF’s market share within assigned region.

How to Apply
Interested candidates who fulfill the job requirement are requested to send their CV’s to the Human Resources Manager via email: dgfhrng@dhl.com

Application close on 2nd November 2010



4.





Undergraduate Scholarship 2010 from MTN Nigeria Foundation


The MTN Nigeria Foundation will provide financial support to eligible Science & Technology students in accredited educational public universities, polytechnics and colleges of education across the six geo-political zones in Nigeria which will cover tuition, book allowance and stipend (pocket allowance).
The scholarship award is worth N200, 000.00 (Two hundred thousand Naira only) per student for the duration of an academic year and is paid at the beginning of each academic session.
The scholarship maybe renewable provided recipients maintain a minimum CGPA of 3.5 or its equivalent (second class upper/upper credit).

ELIGIBILTY
. Candidates must be full time undergraduates in 200 level/2nd year in public universities, colleges of education as well as polytechnics in Nigeria.
. Applicants from universities and colleges of education must have a minimum Cumulative Grade Point Average (CGPA) score of 3.5 or its equivalent (2:1), while applicants from polytechnics must have a minimum Grade Point Average (GPA) of 3.0 (upper credit) and currently undergoing industrial training at the time of applying.

DISCIPLINES TO BE CONSIDERED
1. Accountancy
2. Agricultural Science
3. Architecture
4. Communication Technology
5. Computer and Electronics
6. Computer and Information Science
7. Computer and Mathematics
8. Computer Engineering
9. Computer Science
10. Electrical Engineering
11. Electronics and Computer Technology
12. Electronics Engineering 13. Engineering Physics
14. Industrial Mathematics
15. Industrial Physics
16. Information Technology
17. Mathematics
18. Mechanical Engineering
19. Physics Electronics
20. Physics Engineering
21. Physics/ Computational Modeling
22. Pure/ Applied Physics
23. Statistics and Computer Science

NOTES AND INSTRUCTIONS:
Please read these notes and instructions carefully before completing this form. Be sure that you read every section and that the information you provide is accurate.
1) Only qualified candidates need apply.
2) Incomplete applications will be disregarded and cancelled.
3) Closing date for receipt of applications is Friday, October 13th 2010.
4) Only shortlisted candidates will be invited for a written test.
5) Candidates are advised to visit the website regularly for information.
6) Names of successful candidates will be published in National Dailies and on the website.
7) Scholarship will be allocated on a yet to be announced date to successful candidates.
Successful applicants will be informed of the other terms and conditions of the Scholarship.

To apply for the MTN scholarship visit: http://mtnonline.com/index.php/scholarship

UNDERGRADUATE SCHOLARSHIP & LATEST VACANCIES

1.

Graduate Recruitment for Field Service Engineers at GE Oil & Gas

GE specializes in varies technology, media and monetary services company, devoted to creating products that enhanced life. From aircraft engines and power generation to financial services, medical imaging, television programming and oil and gas. GE operates in more than 99 countries and employer of over 299,000 people global (www.ge.com)

In an endeavor to help Nigeria meet its growing demand for electricity, GE has supplied over 98 gas turbines to the country. From our custom solutions in the oil & gas, energy and healthcare industries to our local inspection and servicing facilities, GE has fostered growing relationships with both the government and private business sectors, helping the country reach its potential. (www.ge.com/ng)

Title of the Job: Field Service Engineer 7

Job Number: 1262929
GE Energy – Oil & Gas

Career Level: Entry-Level

Location: Onne, Nigeria

Summary

The Entry Field Service Engineer will be in charge of pre-defined operation, installation, maintenance, testing, adjustment; troubleshooting and technical assistance based on good engineering, manufacturing, installation and operation practices as applicable to upstream oil exploration/production equipment and in accordance with contractual work scope requirements.

Qualifications/Requirements

• HND/B.Sc. Engineering
• Minimum of 2 years Industry experience
• Minimum of 1 year experience in a field service/maintenance role with oil service or similar company
• Good knowledge of English language
• Computer skills as required to manage files, communicate via email, as well demonstrate competence in Microsoft office
• Willingness to travel and work flexible schedules- international may be required
• Ability to work in a demanding workplace with challenging conditions/environments
• Ability to obtain/maintain travel documents (passport/visa)
• Posses a valid driver’s license

Application Deadline
Not stated

Apply here http://www.ge.com/jobsearch/jobs/Field-Service-Engineer-7

2.

PZ Cussons is Recruitmenting Fresh Graduate Trainee

PZ Cussons Nigeria Plc is major subsidiary of PZ Cussons. No other consumer goods company possesses our legacy in Nigeria or comprehends its customers better than we do. Our approach to Nigeria, our customers, our consumers and to our business is designed to sustain us far into the future. Our main business purpose in Nigeria is sustainable and profitable growth and our drive to be world-class in every aspect of our business life will be relentless.

As a result of the continuing need for market expansion. Opportunities have been created for young graduates to join our organization as Graduate Trainees.

Title of Job: Graduate Trainees
Job Description

We seek to recruit young university graduates in any related discipline into our Graduate Trainee Scheme. This program is designed to equip these graduates with the requisite skills necessary to assume leadership roles within the organization.
Successful candidates will undergo a six-month training period which will include intensive classroom training as well as attachments to key areas of our business. They will also be expected to handle assigned projects as part of their classroom training.

REQUIREMENT:
– A minimum of a Second Class Upper in any related discipline, A CAN DO attitude exhibiting our core values : COURAGE,ACCOUNTABILITY, NETWORKING, DRIVE and ONENESS.
- Good computer skills
- Completed the National Youth service Corps(NYSC) year
- Candidates must not be more than 28 years old.

Qualified applicants should apply online at: www.dragnetnigeria.com/pzcussons

3.

DHL Nigeria is recruiting Sales Executives and Managers for Lagos, Kano, Abuja and PH

DHL Global Forwarding Nigeria Ltd, a company owned by Deutch Post DHL, is a worldwide leader in the forwarding business. DHL offers integrated services and tailored, customer-focused solutions for managing and transporting letters, goods and information.

In order to reinforce and go forward in our position as one of the key players in the market, DHL Global Forwarding Nigeria Ltd invites applications from highly motivated and suitable qualified applicants to join our company as;

1. Sales Manager- Lagos
Job Ref: SM-102010

2. Field Sales and Sales Executives- Lagos, Kano, Abuja, PH.
Job Ref: SE-102010

The role requires sales people with
- Leadership and management of DGF sales activity.
- Steer sales organization via specified targets in alignment with DGF strategy.
- Generate additional business, maximize profit and grow DGF’s market share within assigned region.

How to Apply
Interested candidates who fulfill the job requirement are requested to send their CV’s to the Human Resources Manager via email: dgfhrng@dhl.com

Application close on 2nd November 2010

4.

Undergraduate Scholarship 2010 from

MTN Nigeria Foundation

The MTN Nigeria Foundation will provide financial support to eligible Science & Technology students in accredited educational public universities, polytechnics and colleges of education across the six geo-political zones in Nigeria which will cover tuition, book allowance and stipend (pocket allowance).
The scholarship award is worth N200, 000.00 (Two hundred thousand Naira only) per student for the duration of an academic year and is paid at the beginning of each academic session.
The scholarship maybe renewable provided recipients maintain a minimum CGPA of 3.5 or its equivalent (second class upper/upper credit).

ELIGIBILTY
. Candidates must be full time undergraduates in 200 level/2nd year in public universities, colleges of education as well as polytechnics in Nigeria.
. Applicants from universities and colleges of education must have a minimum Cumulative Grade Point Average (CGPA) score of 3.5 or its equivalent (2:1), while applicants from polytechnics must have a minimum Grade Point Average (GPA) of 3.0 (upper credit) and currently undergoing industrial training at the time of applying.

DISCIPLINES TO BE CONSIDERED
1. Accountancy
2. Agricultural Science
3. Architecture
4. Communication Technology
5. Computer and Electronics
6. Computer and Information Science
7. Computer and Mathematics
8. Computer Engineering
9. Computer Science
10. Electrical Engineering
11. Electronics and Computer Technology
12. Electronics Engineering 13. Engineering Physics
14. Industrial Mathematics
15. Industrial Physics
16. Information Technology
17. Mathematics
18. Mechanical Engineering
19. Physics Electronics
20. Physics Engineering
21. Physics/ Computational Modeling
22. Pure/ Applied Physics
23. Statistics and Computer Science

NOTES AND INSTRUCTIONS:
Please read these notes and instructions carefully before completing this form. Be sure that you read every section and that the information you provide is accurate.
1) Only qualified candidates need apply.
2) Incomplete applications will be disregarded and cancelled.
3) Closing date for receipt of applications is Friday, October 13th 2010.
4) Only shortlisted candidates will be invited for a written test.
5) Candidates are advised to visit the website regularly for information.
6) Names of successful candidates will be published in National Dailies and on the website.
7) Scholarship will be allocated on a yet to be announced date to successful candidates.
Successful applicants will be informed of the other terms and conditions of the Scholarship.

To apply for the MTN scholarship visit: http://mtnonline.com/index.php/scholarship