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Insurance is all about providing financial compensation in the event of an insured loss. As an employee, your life is most valuable, which is why the Pension Reform Act, 2014 was in place.  Employer’s liability insurance in Nigeria provides compensation for the family of employees, in case of untimely death, disappearance, or disability while in […]

Although insurance is common and subscribed to by many industries with high-risk operations. However, there remains most small to medium-sized enterprises (SMEs) that cannot afford insurance. This led to the emergence of micro-insurance in Nigeria. Microinsurance explained Micro-insurance is the protection of low-income earners against certain risks. It operates like regular insurance and requires regular […]

Almost everyone is conversant with the basic principles of insurance and how insurance policies work. First, you identify which type of coverage you’ll be needing; whether it is homeowner’s insurance, auto insurance, health insurance, liability insurance, marine insurance or fire insurance.  Then you look at insurance companies, sifting through the ranks till you find one […]

Common mistakes in insurance Buying Insurance – It’s always a weird phase between “Am I getting scammed?” and “I know this is a necessity” especially buying insurance in Nigeria Insurance agents probably have the sweetest mouths – it’s honestly a toss-up between them and Nigerian men (but we digress), so honestly, the feeling of mild […]

As much as we hate tragedy, it’s an inevitable part of life. Sometimes you’re lucky to see the signs and take actions to avoid them but in most cases you’re not. They happen and leave you with sad memories, huge losses and regrets. If you accept that reality then you can plan right to avoid […]

Marine Insurance: Meaning and Coverage Regarded as the oldest form of insurance, Marine Insurance provides cover for damages caused to ships and the cargo carried in them. This insurance policy helps to mitigate risks in the event of piracy or accidents like natural hazards. It is a safe haven for shipowners, transporters and shipping corporations […]

We’re guessing what’s coming to mind: “Nah, this headline is cliche. Top 10 Engineering Companies in Nigeria? How do they even measure excellence? Besides, there are a number of companies in Nigeria that deliver different construction and engineering services; so get your wits together”.  We wholeheartedly relate with these pain points, except for putting our […]