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General Insurance

4 Major Types Of Claims Settlement

June 1, 2020 by Get Insurance Today

The claim settlement is the final stage of the claim process in insurance. At this point, the claim has been notified by the insured, all parties involved have carried out their respective duties. The insurer can settle claims that arise and accepted under the terms of the insurance contract in the following ways: Payment of […]

Filed Under: General Insurance

What is Reinsurance

May 30, 2020 by Get Insurance Today

reinsurance

Reinsurance is essentially a specialist form of insurance transacted between professionals; hence many of the principles and practices applying to the conduct of insurance business equally apply to reinsurance. However, some principles have a different application in reinsurance A simple definition of reinsurance, therefore, is that it is the acceptance by an insurer, known as […]

Filed Under: General Insurance

What is an Insurance Proposal Form

May 24, 2020 by Get Insurance Today

A Proposal form is the most essential and fundamental document required for an insurance contract between a prospective customer and the insurance company. It includes the customer’s necessary information like name, address, age, education, occupation etc. It can also include the person’s medical history.in some cases

Filed Under: General Insurance

How To Keep Your Insurance Policy Intact

April 15, 2020 by Get Insurance Today

Keeping your policy intact makes you eligible for all the benefits embedded in your insurance policy.
Read on to find out how to keep your policy active

Filed Under: General Insurance

Brief History of Insurance in Nigeria

March 12, 2020 by Get Insurance Today

There is a saying that goes “The greatest oak was once a little nut who held its ground”.  Put more contextually, the growth of the greatest stories and brands of the world ties back to an origin. Evolution precedes even the greatest mythologies and medieval practices. The insurance industry in Nigeria similarly stems from years […]

Filed Under: General Insurance

List of Insurance Companies on The Nigerian Stock Exchange

March 9, 2020 by Get Insurance Today

The Nigerian Stock Exchange

The Nigerian Stock Exchange [NSE] is the state’s financial body saddled with the responsibility of regulating stock trading and cash flow. The Securities Exchange Commission regulates the NSE. Since it began formal operations in 1961, The Nigerian Stock Exchange has since contributed to the growth of Nigeria’s economy through securities and stock trade. Here, we […]

Filed Under: General Insurance

10 Reasons Why You Need An Insurance Policy

September 4, 2019 by Get Insurance Today

Why do I need to buy an Insurance policy? What is the reason people buy insurance policies? What are the benefits of Insurance policies in Nigeria? Truth is that many people conveniently ignore the ramifications of that it would mean if suddenly for some reason or the other, we were to die and leave loved […]

Filed Under: General Insurance

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What Is Risk Averse?

What Is Risk Averse?

Every investment involves risks. However, the … Read More about What Is Risk Averse?

NIId Insurance Verification

NIId Insurance Verification – Everything You Need TO Know

It is no news that motor insurance is compulsory … Read More about NIId Insurance Verification – Everything You Need TO Know

What Is Insurance Market

What Is Insurance Market?

The topic of insurance is a broad one that has got … Read More about What Is Insurance Market?

How Much Life Insurance Should I Buy?

How Much Life Insurance Should I Buy?

It is common for people to ask the question, “How … Read More about How Much Life Insurance Should I Buy?

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