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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

An Overview of The National Insurance Commission [NAICOM]

March 10, 2020 by Get Insurance Today

an-overview-of-the-national-insurance-commission-naicom

NAICOM – History and Overview The National Insurance Commission, NAICOM regulates the practice and operations of Insurance in Nigeria. The Act of 1997 ensures the overall administration and supervision of the insurance business in Nigeria It is only customary that for every professional field, there is an established body that regulates its practice. For instance, […]

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

Is Disability Insurance A Good Idea?

March 6, 2020 by Get Insurance Today

is-disability-insurance-a-good-idea

No, not yet. You might reconsider closing the tab. Disability Insurance may not be what you think it is.  Disability Insurance? What in the world of Insurance does that even mean? At first glance, one would imagine this is associated with insurance that caters to the underprivileged and ‘notoriously’ handicapped. We would be glad to […]

Filed Under: General Insurance

All You Need To Know About Cyber Insurance

January 15, 2020 by Get Insurance Today

cyber insurance

Cyber insurance is a relatively new form of insurance as opposed to its Life and Health variants. Other novel types could include Engineering Insurance and Device Insurance.  With the alarming rate of cyber attacks and threats, cyber insurance is becoming more prominent as a measure to cover the loss and damages of cyber intrusions. The […]

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

Insurance Meaning, Types, and Terms You Must Know

July 19, 2019 by Get Insurance Today

insurance meaning, types, and terms

What is Insurance? The term insurance is pretty straightforward. It is a contract that provides protection to an entity against a loss. This protection, therefore, guarantees reimbursement from an insurance company. Protecting yourself is not uncommon. However, it becomes sacred when the law is involved. There is a legal agreement that covers two parties. That […]

Filed Under: General Insurance

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How to enforce and legalize insurance contract in Nigeria

Insurance is the legal way of transferring risk … Read More about How to enforce and legalize insurance contract in Nigeria

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Insurance associations you should know in Nigeria

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Business Insurance – How to get business insurance in Nigeria

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Guide to Life Insurance: Meaning and Types of a Life Insurance Policy

Life insurance policy is a contractual agreement … Read More about Guide to Life Insurance: Meaning and Types of a Life Insurance Policy

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