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. […]
Life Insurance
Is Term Life Insurance a good investment?
There are different kinds of life insurance policies which 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 […]
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 […]
Importance of Group Life to an Association
A group life insurance is a contract that protects the members of a particular group such as employees, members of a club or association. This insurance plan provides financial compensation in the event of the death of a member of the group. As the leader of an association, you’re accountable for its members. Some associations […]
What is Life insurance, and why do you need one?
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.
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. 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 less […]
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. Types of Life Insurance The life insurance policies […]
Life Insurance Rates in Nigeria
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 […]
Top Life Insurance Companies in Nigeria
Today is another exciting day in my lecture hall! Topic of the day? Top Life Insurance companies in Nigeria. Without further ado, here are the top life insurance companies in Nigeria that you can walk into anytime: 1. AXA Mansard Life Insurance AXA Mansard Life Insurance is one of the most popular life insurance companies […]