Health insurance is arguably the most important type of insurance that anyone could have. This is because it secures life itself, providing financial assistance in meeting medical bills and other high costs. Furthermore, for the best service, it is important that you stick to the best providers. Check out this list of the top 10 health insurance companies in Nigeria.
The Top 10 Health Insurance Companies in Nigeria
AIICO Insurance Plc
AIICO Insurance Plc is an insurance, pensions management, and asset management Group established in 1963. Also, it is of the top insurance companies in the country its key focus on, General insurance and special risks, Life assurance and annuity, Health insurance, Asset management, and Pension management.
Lead Way Assurance Company
LEADWAY Assurance (founded in 1970) offers insurance services in General business insurance and Life & Pensions. Also, the Company also offers allied financial services such as Secured Credit, Bond, Miscellaneous financial losses and Portfolio management. Furthermore, they are very active online, across various social media channels and have computerized most of their operations to boost effectiveness.
Custodian and Allied Insurance
Custodian and Allied insurance company provide a wide range of insurance plans to choose from. Also, they tailored each plan to the needs of their clients, especially with the different health coverage available.
Cornerstone Insurance Plc
Cornerstone Insurance company was incorporated as a private limited liability company on July 26, 1991. Eventually, it became a Public Limited Liability and was quoted on the Nigerian Stock Exchange (NSE) in 1997. Also, since its inception, Cornerstone Insurance has remained dedicated, putting their client first and creating solutions that meet their needs. NAICOM licensed them to do both Life and General business insurance.
AXA Mansard Insurance
AXA Mansard is a member of the AXA Group. Also, they are a top player in insurance as well as asset management. Currently, the group of companies serves 107 million clients in over 60 countries.
Also, they provide life insurance as well as on-life insurance solutions to individuals and organizations in the country.
African Alliance Insurance Plc
African Alliance Insurance plc is one of the top 10 health insurance companies in NG. The insurance Plc company has a reputation for being efficiencies and trustworthy in Life Assurance. In addition, they personalize their insurance products tailored for each stage of their clients’ lives.
Goldlink Insurance Plc
This insurance company was incorporated as a Private Limited Liability Company on April 15, 1992. However, they later converted it to a Public Liability Company on May 11, 2007, after which they listed it on the NSE on February 12 2008.
Currently, Goldlink Insurance Plc has a license to do both Life and General Businesses. In essence, these include plans such as Motor Insurance, Fire and Special Perils, Oil & Gas, Life & Pension, and Travel Insurance.
Continental Insurance is the private sector leader of the pan-African insurance industry. Also, the Company provides life and non-life insurance solutions to its clients across the continent.
Industrial and General Insurance Plc
Industrial and general insurance plc is one of the older insurance companies in Nigeria. Furthermore, they registered the company as a public limited liability company in 2007. After that, they commenced operations in Life and General insurance, in addition to Pensions and Special Risks in January 1992.
Lasaco Assurance Plc
Lasaco Assurance Plc was incorporated on December 20, 1979, under the Companies Decree of 1968. At that time, the Company name was; Lagos State Assurance Company Limited. Eventually, they got License as an Insurer on July 7, 1980, and commenced operations on August 1, 1980.
The companies listed above are among the top 10 health insurance companies in NG, in no particular order. Therefore, if you intend to purchase health insurance, look no further than these, as their services are the best. You can also see our post on community based health insurance in Nigeria.