Motor accident is a significant problem that Nigerians face. According to data from the Federal Road Safety Corps and the National Bureau of Statistics, road accidents in Nigeria claimed the lives of at least 41,709 people between 2013 and 2020. They cite motor accidents as one of the major causes of death in Nigeria, particularly […]
What is Business Risk?
Starting a new business or operating a business comes with a degree of risk. Basically, any kind attached largely depends on your type of business, hence, it is important to know the type that is likely to affect your business. Here, you will get an answer to the question “What is business risk?” and every […]
NIID Insurance Verification – Everything You Need To Know
The Nigerian Insurance Industry Database (NIID) was launched by the Nigerian Insurers Association. It is an insurance database with records of all legal vehicles insured in Nigeria. The NIID ensures compliance with high standards in the insurance industry. They protect the interests of all insurers in the country. You can verify the authenticity of any […]
What Is Insurance Market?
The topic of insurance is a broad one that has got many people wondering “What is insurance market?” Basically, the insurance market is the exchange that happens between consumers and insurance companies. Here’s everything you need to know about the insurance market and how it works here in Nigeria. What is Insurance Market? The insurance […]
How Much Life Insurance Should I Buy?
It is common for people to ask the question, “How much insurance should I buy?”. This is because it is very important to know how much life insurance you have to buy. Basically, knowing how much you need ensures that your insurance policy is enough to take care of your loved ones properly. The general […]
Best Travel Agency In Nigeria
The average Nigerian chooses to travel for various reasons and recent unfortunate happenings in Nigeria have made people consider leaving the country permanently. In situations like these, a travel agency comes in handy. Hence, if you want to travel out of the country, it is important to be aware of the top travel agencies there […]
Insurance Against Theft
In Nigeria, cases of theft are common. A theft either at home, shop or office can cause you massive financial loss. Hence, you need to get insurance against theft to cover the risk of theft on your property. If you do this, you will be rest assured that your finances will not be affected if […]
Insurance Premium Financing
It is wise to purchase insurance coverage since it covers unforeseen costs. In fact, it’s even an essential expense. However, when you are low on cash, paying for insurance coverage upfront can be a problem when people think of how much insurance to buy. Therefore, some businesses opt for insurance premium financing as the solution […]
Fire Insurance – What Is Covered in a Standard Fire Insurance Policy
The fire insurance policy offers cover against an unexpected loss or damage to property due to fire or other risks covered under the policy agreement.
Everything You Should Know About Professional Indemnity Insurance
In the financial industry, an investment professional who provides financial advice that results in the purchase of investment products or tax must require an Errors and Omission insurance.