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Life Insurance

Leaving a Legacy: How Life Insurance Protects Your Loved Ones

April 17, 2024 by Joshua Osaro

black-family-alongside-the-text-leaving-a-legacy

A life insurance can serve as a great asset and value to a beneficiary who is often a loved one. He is the one who is to receive the claim amount and other benefits upon the death of the benefactor. It can serve as a legacy as it is like a build-up capital that gains […]

Filed Under: Life Insurance

Cost of Life Insurance In Nigeria

May 31, 2023 by Get Insurance Today

cost-of-life-insurance-in-nigeria

Life insurance is a great insurance instrument to make sure our loved ones can financially survive should the unexpected happen, and life is lost. For many who aren’t independently wealthy, the proceeds from a life insurance policy are crucial to ensure our loved ones maintain their current standard of living. If you are looking to […]

Filed Under: Life Insurance

10 Things To Consider Before Buying Life Insurance

May 16, 2023 by Get Insurance Today

buying-life-insurance-in-nigeria

One crucial financial decision you can make is purchasing life insurance. One advantage of insurance is the financial protection that it offers when worst-case scenarios happen. Many individuals subscribe to insurance policies in a hurry without understanding their needs. You can avoid making poor decisions when it comes to life insurance. In the paragraphs that […]

Filed Under: Life Insurance

How To Buy Life Insurance Easily In Nigeria

April 11, 2023 by Get Insurance Today

The benefit of a life insurance policy and the financial peace of mind it provides cannot be overstated. Among the advantages of having life insurance include. A financial preparedness in emergencies, a means of income after retirement and support for loved ones after death. If you’ve never bought life insurance, getting one can be confusing. […]

Filed Under: Life Insurance

Is Term Life Insurance a Good Investment?

March 6, 2023 by Get Insurance Today

There are different kinds of life insurance policies that meet the different needs of people. Term life insurance is the most common life insurance. It is also known as pure life insurance. It guarantees payment of sum assured to the beneficiaries of the insured during the specified term. If the options are available, a policyholder […]

Filed Under: Life Insurance

What is Life Insurance, and Why Do You Need One?

December 30, 2021 by Get Insurance Today

People lose their life savings; accidents happen, people die prematurely and, if you happen to be the sole breadwinner in the family and have any of these experiences, they could have devastating consequences for your loved ones. The worst-case scenario is that your loved ones may no longer maintain their standard of living.

Filed Under: Life Insurance

Life Insurance Rates in Nigeria

November 4, 2021 by Get Insurance Today

How much does Life Insurance cost? What is the rate plan of Life Insurance in Nigeria? I bet a few of you have these questions and more on your very puzzled minds. Like you, I too like to know the price of something before I venture to actually buy it. Perhaps that’s why I’m always […]

Filed Under: Life Insurance

All You Need To Know About Group Life Insurance

October 5, 2021 by Get Insurance Today

goup life insurance in Nigeria

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 […]

Filed Under: Business Insurance, Life Insurance

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

January 6, 2021 by Get Insurance Today

What is Life Insurance

Life insurance policy is a contractual agreement between a policyholder and an insurance company. The insurance company is the insurer who promises to pay an appointed beneficiary a sum of money, upon the death of the policyholder. The policyholder in exchange for this service pays a premium. Life Insurance Policy Types The life insurance policies […]

Filed Under: Life Insurance

Sum Assured – Meaning and how to calculate it

November 30, 2020 by Get Insurance Today

how-to-calculate-sum-assured

 Life encompasses several uncertainties. One of the most prominent and inevitable uncertainties of life is death. We often refer it to as a debt owed by every living being, hence no one can escape it. Having this in mind, it is important to provide for and prepare ahead of the unexpected. In view of the […]

Filed Under: Life Insurance

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