Who no like better tin?
Nigerians love deals and offers eh. When it comes to getting best deals especially for important things like insurance you will see our smart spirit. When you see the way we rush things like Taxify coupon na then you go understand the hustle.
In light of this, we’ve compiled for your delicious consumption, a list of all the best insurance deals and offers in Nigeria.
Offer 1: AXA Mansard – For probably very good reasons, AXA Mansard seems to almost always make our lists and I think a lot of Nigerians consider them to have one of the best insurance deals in Nigeria. With their Instant Life Insurance offer, you can get access to up to N100,000 in insurance that covers incidents like death, medical expenses from accidents etc. It’s best for low-income earners.
Their Term Life Insurance cover gives you cover only for an agreed period of time while the Whole Life Insurance plan gets you insured for the rest of your life.
Offer 2: Cornerstone Life Insurance – Cornerstone Insurance PLC incorporated in 1991 offers life Insurance cover of up to N1 Million and single insurance premium payment ranging from N1000 to N10,000. This is easily one of the cheapest insurance plans you can find around.
Offer 3: Wapic Insurance PLC – Under their term plan, Wapic Insurance PLC will grant you a ‘no medical examination’ issue and a same-day approval if your Life Insurance coverage less than N10 million naira and premiums can be paid all at once upfront or in instalments.
For the best car insurance deals and offers in Nigeria
Offer 4: AXA Mansard – They have 3 main car insurance plans namely Auto Plus, Auto Vintage and Auto Classic. Using Toyota Camry as a benchmark, annual insurance cost amounts to N150,000 (Auto Plus), N112,500 (Auto Vintage) and N78,750 (Auto Classic).
Offer 5: Cornerstone Insurance – Has an additional Car insurance plan to total 4 namely, Auto Bronze, Auto Silver, Auto Gold and Auto Platinum. Annual insurance costs amount to N62,500 (Auto Bronze), N75,000 (Auto Silver), N87,500 (Auto Gold) and N100,000 (Auto Platinum).
Offer 6: IGI Nigeria – Annually, insurance paid for our Toyota Camry amounts to N125,000.
Offer 7: Law Union & Rock Insurance Plc – On their basic plan, Law Union & Rock Insurance Plc will have you paying an annual insurance cost of N125,000 for the Toyota. If you want extra cover, the Comprehensive standard and Plus offers attract N150,000 and N162,500 per year respectively.
Offer 8. Leadway Assurance – The car insurance rates of Leadway Assurance goes as thus: Their Basic comprehensive motor insurance cover goes for N100,000 on our Toyota. Additional benefits are available in the Comprehensive Standard and Plus plans at an annual cost of N137,500 and N156,250 respectively.
Offer 9: Mutual Benefits Assurance – On their official company website, there is an Insurance calculator that gives you a quote. According to it, annual comprehensive insurance costs N112,500 for our Toyota Camry.
Offer 10: Niger Insurance – According to Insurance quotes website, Topcheck, Basic comprehensive insurance cover goes for N100,000 annually. For added benefits, the standard cover goes for N112,500 while comprehensive plus goes for N137,500.
Offer 11: Old Mutual Insurance – Here, annual insurance costs N125,000 for basic comprehensive insurance. The comprehensive standard goes for N150,000 while plus goes for N162,5000
The Inescapable Bottom line
The bottom line when searching for the best Insurance deal and offers in Nigeria is that you’ll hardly stumble upon any website that will give you the full load down of all the deals you’re hoping for. Most of the time, these Insurance companies do not even state their plans and rates on their website, instead, they require you to contact them to get a quote based on your needs and situation.
Once again, I’m hammering on the importance of comparing insurance offers from a pool of insurance companies in the country to be able to determine which contain the diamond in the rough.
Now over to you.
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