The Insurance industry is a massive industry covering many spectra ranging from marine insurance, fire, auto, oil and gas insurance, home, businesses and so on. In this topic, we discuss another of insurance’s broad topics, Small and Mid-Size Enterprise (SME) Insurance. What is SME Insurance? They are insurance plans that cover for SMEs. To better […]
Business Vehicle Insurance – What you should know
Most countries have laws requiring business vehicle insurance, sometimes called commercial vehicle insurance. If you drive a car or a van for work, it safeguards you. It’s a common misconception that basic personal auto insurance coverage also covers use for business purposes. The amount of protection provided by standard policies is less than business vehicle […]
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.
All You Need To Know About Group Life Insurance
What is Group Life Insurance Policy? Group Life Insurance is a company scheme for a group of people. In Nigeria, this life insurance is compulsory by law. Basically, it caters to these groups to take out a policy for a minimum of 3x the total employee annual salary. The group of people is usually not […]
Small Business Insurance explained
Although businesses are run on delicate strings, small businesses tend to have fewer rooms for insurance mistakes than huge businesses that could lose assets without being affected. Therefore, as a small business owner, you need to find every means to protect your business from losses, especially in assets and finance. More so, one of the […]
Business Insurance – How to get business insurance in Nigeria
Before we delve into Business Insurance, let’s talk about what business entails. Being an entrepreneur can be daunting. From getting business ideas for a solution, getting enough funds, and the right people that believe in your business can sometimes be overwhelming. Starting your own business (either small or big) is a big, scary step in […]
What is Workers Compensation Insurance in Nigeria
The article delves into what Workers compensation insurance is about. It also highlights how Nigerian workers can take advantage of it.