In this guide, we will be exploring the 6 principles of insurance. We will be discussing what these principles are, how they apply to the industry’s practices and business insurance, and what a policyholder should know about these principles, for customer satisfaction. What is Insurance? First, let’s talk about what insurance is. Insurance is a […]
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Insurance Broker – What You Should Know
A professional insurance broker should assist you in recognizing and understanding your needs. Besides that, they’ll help you look for the best insurance proposals to meet your personal requirements. Also, the insurance broker will help you break down the terminologies insurance contracts have. Besides that, he or she will help to look after a smooth […]
Functions of Insurance
The function of insurance is to distribute the loss brought on by a certain risk among a group of people. Especially those who have agreed to insure themselves against that risk and are exposed to it. Learn about the numerous functions of insurance by reading this article. What is Insurance? Insurance is a tool for […]
What Is Insurance Market?
The topic of insurance is a broad one that has got many people wondering “What is insurance market?” Basically, the insurance market is the exchange that happens between consumers and insurance companies. Here’s everything you need to know about the insurance market and how it works here in Nigeria. What is Insurance Market? The insurance […]
How To Get Travel Insurance In Nigeria
Simply put, it is mandatory. Asides the obvious reasons stated in this article, A travel insurance policy is a compulsory law upon travellers. There are cases where visas have been denied at the point of entry because travellers failed to show any form of travel insurance protection.
How to Become an Insurance Agent in Nigeria
Insurance agents are middlemen between customers and insurance companies. They sell insurance policies to customers on behalf of their agency (the insurance company) they represent.
Reliance Health HMO: All You Need To Know About Their Health Plans
Reliance HMO uses software, data science and telemedicine to make health insurance affordable and comfortable to access.
Insurance Meaning, Types, and Terms You Must Know
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 is, the insurer […]
Insurance Agents in Nigeria
Insurance is a big industry worldwide, and this industry is also playing big in our country Nigeria. Basically, Insurance is a business that exists to help individuals, corporate bodies, and governments save from unexpected disasters in their operations. An Insurance agent is not restricted to working with a particular Insurance company. However, they are free […]
Insurance Brokers in Nigeria: Who They Are and How They Rank
The act of ranking insurance brokers is highly important. This way, you know where you to get the best value for your money without a doubt. And from experience, looking for the right one can be very tasking. Who is an Insurance broker? An insurance broker is an entity that specializes in insurance as well […]