One of the reasons Nigerians buy insurance is to protect themselves in addition to their properties against unforeseen circumstances. These events can take up a large chunk of their finances, and they’d want to avoid that. Hence, the need for buying insurance.Insurance helps individuals and companies safeguard their investments and properties against potential risks that […]
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Top 10 Insurance Brokers in Nigeria
An Insurance broker refers to a person or business registered to advise and purchase insurance cover from an insurer on behalf of his clients.
5 Ways to Keep Your Insurance Policy Active
Every business demands a subscriber make timely payment to continue enjoying the services provided; Insurance companies are no exception
Read on to know more.
6 Ways Insurance Protects You
Life throws the unexpected at us. While we usually can’t prevent these things from occurring, we can opt to give our lives a bit of protection. Insurance provides us with some measure of protection, at least financially, should a disaster happen.
7 Ways Coronavirus Could Affect Insurance In Nigeria
As a policyholder, this is also the time to go through your insurance policy contract thoroughly – find out what it covers and what it doesn’t cover to avoid any challenges during claim processing and also to guide your actions during this trying period.
Insurance Premium and How it Works in Nigeria
We all know insurance costs money. However, a term that is often new when you first start buying insurance is regarded as ‘premium.’ Here, we discuss the basics to help you understand what an insurance premium is and how it works in Nigeria. What Is an Insurance Premium? An insurance premium is the amount of […]
Term Insurance: What is it and how does it work?
We all live in a time of risks. The need to have an insurance policy to deal with these risks and uncertainties is very important. There are many insurance products out there designed to suit the general needs of society. However, choosing the best insurance product is often dependent on a lot of factors. What […]
Surety Insurance or Surety Bonds? Everything You Need To Know About Sureties
Many people have always used the term SURETY INSURANCE which is an inaccurate term to refer to SURETY BONDS. To understand these, you need to understand the concept of Insurance Bond. let’s take a look at a common example of SURETY BONDS Consider This – A logistics and Haulage company is insured and bonded. The […]
5 Insurance Policies You Probably Do Not Need In Nigeria
Because we can’t predict the future, we want to be ready to cover our financial needs if, or when, something bad happens. Insurance companies understand this and provide insurance policies to protect us from unforeseen calamities. These could range from diseases to disabilities and everything in between. While we always hope for luck to be […]
Is Disability Insurance A Good Idea?
No, not yet. You might reconsider closing the tab. Disability Insurance may not be what you think it is. Disability Insurance? What in the world of Insurance does that even mean? At first glance, one would imagine this is associated with insurance that caters to the underprivileged and ‘notoriously’ handicapped. We would be glad to […]