Genea Family Office promotes life insurance

Genea Family Office has hosted an event to promote the role of life insurance in estate and wealth planning.

The firm, in a release on Monday, noted that the gathering, aimed at preserving and transferring wealth to future generations, was held in collaboration with Providus Bank Limited, and Howden Group.

A Partner at Genea Family Office, Abiola Adekoya, explained that the event sought to demonstrate the importance of life insurance to holistic estate planning for high-net-worth families and successful family businesses.

He stated that the initiative aligned with Genea’s Wealth Portfolio Wellness services, which offered a comprehensive approach to wealth management.

“Our focus is on tailored strategies that safeguard and grow generational wealth,” stated Abiola Adekoya. “In addition to wealth management, we provide services in Family Governance, Succession Planning, and Lifestyle Concierge,” he averred.

Another partner at Genea Family Office, Abiola Adediran, emphasised the importance of effective estate planning in mitigating risks and losses.

“This strategic approach not only preserves family wealth but also offers a tax-efficient means to secure financial legacies for future generations,” he noted.

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