The benefit of a life insurance policy and the financial peace of mind it provides cannot be overstated. Among the advantages of having life insurance include. A financial preparedness in emergencies, a means of income after retirement and support for loved ones after death. If you’ve never bought life insurance, getting one can be confusing. […]
How NHIS Protects You And Your Family
This article discussed the various options available to participate in the National Health Scheme. The National Health Insurance Scheme was instituted in 1999 as a way to improve the health of Nigerians at an affordable cost. This program is funded by a pool of participants who pre-pay into the program at regular intervals. These amounts […]
Sovereign Trust Insurance – What You Should Know
When talking about Insurance companies that have really done well in the finance world, one must not skip Sovereign Trust Insurance. Starting business in 1995, Sovereign Trust Insurance is one of the foremost Insurance companies in Nigeria. With branches all Nationwide, the company offers insurance and risk management services with the objective of being a […]
5 Things to Consider Before Taking Travel Insurance in Nigeria
This article brings to mind, important things to consider when buying a travel insurance plan.
Is Term Life Insurance a Good Investment?
There are different kinds of life insurance policies that meet the different needs of people. Term life insurance is the most common life insurance. It is also known as pure life insurance. It guarantees payment of sum assured to the beneficiaries of the insured during the specified term. If the options are available, a policyholder […]
Things To Look Out For In A Car Insurance Company
Car insurance is a requirement for every Nigerian road user—one of the reasons why traffic users buy car insurance without many inspections. 5 Things to Look Out For in a Car Insurance Company When seeking for car insurance, it would be wise to give importance to specific details about your insurance company.  It also […]
Do You Need Marine Insurance in Nigeria?
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 […]
How To Get Cheap And Affordable Insurance
How To Get Cheap And Affordable Insurance Buying an insurance policy in Nigeria might get some individuals displeased because many subscribe to insurance plans out of compulsion or obligation. However, getting an insurance policy doesn’t have to be a grudge purchase and it definitely shouldn’t leave you out of cash. You can get cheap and […]
Social health insurance – What you need to know
Insurance is one of the largely under-tapped industries in Nigeria, although that is quickly changing in recent times. A subsidiary, social health insurance, is very important in a country, as it helps protect the average citizen, providing health care coverage. However, it is not very common today and is largely limited to the working class […]
7 Things to Look Out For in An Insurance Policy
We seldom have the opportunity to prepare for uncertainties because they always come unplanned. Still, in some situations, we can make contingency plans, especially towards the risks we face in life. One of such ways is taking an insurance policy. While some Nigerians understand the topic of insurance, and why you need one, it is […]