It’s no child’s play – Health Insurance in Nigeria or anywhere else in the world can be extremely expensive. When some of them quote premium for you eh, you fit run comot.
But if you’re like me (which you most probably are), then it means that you also like affordable stuff. There are a few affordable health insurance plans in Nigeria out there that won’t break the bank, the only issue is how to find such information readily available.
Luckily for you, that’s what you have us for (I mean, what would you do without us?). Thanks to MrPepe.com, we were able to get our hands on quotes from 5 HMOs to give us an idea of how much health insurance costs in Nigeria. Take note that priced plans come with added benefits. The figures provided below are what health insurance costs for individuals and families of 3 to 4 children.
Find below the most affordable health insurance plans in Nigeria:
Most Affordable Health Insurance Plans in Nigeria
- AXA Mansard
Their Health insurance plans are divided into four: Bronze, Silver, Gold and Platinum. The Annual premium an individual will pay is; Bronze (₦39,134), Silver (₦57,343), Gold (₦104,188), and Platinum (₦282,227).
2. Expatcare Health Insurance
Unlike AXA, Expatcare provides not 4 but 6 six health insurance plans for individuals and families in Nigeria. The Annual premium an individual will pay is as follows: Essential (₦16,950), Bronze (₦27,290), Silver (₦35,087), Gold (₦42,884), Gold Plus (₦79,100), Platinum (₦231,000).
The Annual premium families will pay are as follows: Essential (₦67,800), Bronze (₦109,160), Silver (₦140,348), Gold (₦171,536), Gold Plus (₦316,400), Platinum (₦643,500). Choose wisely.
3. Health Care International
They have 5 health insurance plans namely: Titanium Compact, Titanium Classic, Titanium Ultra, Titanium Deluxe, Titanium Royal (na wa for all the Titanium O).
The Annual premium an individual will pay is as follows: Titanium Compact (₦20,000), Titanium Classic (₦25,000), Titanium Ultra (₦40,000), Titanium Deluxe (₦110,000) and Titanium Royal (₦175,000).The Annual premium Families will pay is as follows: Compact (₦100,000), Classic (₦125,000), Ultra (₦175,000), Deluxe (₦400,000), Royal (₦650,000).
4. International Health Management Services Limited
For the sake of brevity, let’s just refer to them as IHMS. IHMS offer affordable health insurance plans in Nigeria for individuals and families. These are: Basic, Standard, Standard-Plus, and Comprehensive.
The Annual premium an individual/family will pay is as follows: Basic (₦23,000/₦115,000), Standard (₦49,300/₦246,500), Standard-Plus (₦70,400/₦352,000) and Comprehensive (₦125,000/₦625,000).
5. Premium Health Limited
Here, this company offers affordable Health Insurance in Nigeria comprised of 3 plans for individuals and families. These are Premium Select, Premium Comprehensive, and Premium Platinum.
The Annual premium an individual will pay is as follows: Premium Select (₦27,500), Premium Comprehensive (₦48,200) and Premium Platinum (₦70,000).
There you have it folks, the most affordable health insurance plans you can find in Nigeria.
To register for your own health insurance, just click here.
Get all our latest Insurance articles to stay up to date with the Insurance industry.