The Advantages Of Personal Liability Insurance
Personal liability insurance, also known as “comprehensive personal liability (CPL) insurance,” is a component of homeowners insurance within an insurance policy that protects you and members of your household against claims resulting from injuries and damage to other people or their property. Read more about Finance It prevents you from having to pay large sums […]
Top Insurtech startups In Nigeria
Insurtech combines two words “insurance” and “technology,” to form Insurance technology. Insurtech refers to the use of technological innovations built to make existing insurance models more efficient and effective. Simply put, it applies technology to how insurance works. Insurtechseeks to enhance insurance practices and automate their everyday activities. Also, it streamlines policies, and social insurance, […]
The Difference between Life Insurance and Health Insurance
There is a thin line separating life insurance from health insurance. When it is time for you to undertake a financial planning exercise, you must understand these two forms of insurance and learn about their requirements so you’re able to make an informed decision. Read more about Insurance The reality is that many people genuinely need […]
What You Should Know About Annuity
The term “annuity” refers to an insurance contract issued and distributed by financial institutions with the intention of paying out invested funds in a fixed income stream in the future. They are designed to provide a steady cash flow for people during their retirement years and to alleviate the fears of outliving their assets. Since […]
5 Reasons Why You Need Insurance
Many people hear about insurance and do not take the care to figure out what insurance is until the last minute. Insurance is a cover that companies called insurance companies give. After registering, the person who bought the insurance pays a premium fee. Read more about Insurance This premium allows insurance companies to invest […]
Heifer To Provide Area Yield Index Insurance (AYII) For Farmers In Nigeria
With Nigeria regarded as the 55th most vulnerable county to climate change in the world today, an international non-profit organisation, Heifer International, says it is looking to introduce the Area Yield Index Insurance (AYII) to rice farmers in Nigeria as part of the organisation’s commitment to helping farmers mitigate climate change-induced losses. Read more about […]
Health Insurance: What It Is And Why You Need One
Loss of any kind is one thing that no one ever prays for, especially losses that affect one’s health. However, as humans, we understand that losses and accidents do occur. The best way to avoid them occurring is to avoid them occurring, the next best way to go about it is to make provisions ahead […]
Douments For Filing An Insurance Claim
Looking to file an insurance claim and not sure what document would be required? Don’t worry, in this post, I will be sharing with you the basic documents required to file some insurance claims in Nigeria. Where necessary, I will try to provide a little explanation of what a document is. Read more about […]
Insurance Workers In Nigeria To Declare Personal Assets
There is a possibility that, in the near future, current employees of insurance companies and other financial institutions in Nigeria will be required to declare their assets, and that future employees will be required to do the same before they can be hired by any insurance company. This follows the introduction of a bill in […]
5 Simple Steps To Filing An Insurance Claim In Nigeria
We all have our insurance policies for various reasons. But what happens when you are faced with a claim? It’s easy to become overwhelmed by the process of filing an insurance claim. Different companies have different processes through which customers can file their claims. With how many different types of insurance policies are out […]
Anambra Residents Can Now Get Easy Access To Health Insurance
Residents of Anambra State can now easily access health insurance coverage. This is following the news emanating from the office of the Executive Secretary, Anambra State Health Insurance Agency, Dr Simeon Onyemaechi, which has it that the residents of the state can now enrol for the state’s health insurance coverage directly from their mobile phone. […]
See The 6 Insurance Policies That Are Compulsory In Nigeria
In Nigeria, there are 6 compulsory insurance policies. These insurance policies are compulsory because there are laws in place to ensure its implementation and failure of one to have any in place when needed attracts one form of punishment or the other. Read more about Insurance These 6 compulsory insurance policies are based on acceptable […]
4 Important Questions To Ask An Insurance Agent Before Buying From Them
Just like banks have marketers who could encourage you in opening an account with their bank, insurance companies work with agents to achieve this purpose. An insurance agent is an individual engaged by an insurance company as a salesperson to look out for new customers to whom to sell insurance. Usually, an insurance agent […]
NYSC Corps Members To Now Enjoy Health Insurance
Members of the National Youth Service Corps are currently in for something amazing as the Directorate of the National Youth Service Corps has announced that it has now begun providing health insurance coverage for all serving corps members in the country. Corps members currently undertaking the one-year compulsory national service will now be catered to […]
4 Wrong Beliefs People Have About Insurance
When we talk about beliefs, it is common to everyone. Every one of us has one belief or the other which we hold on to, and as I explained in another post, our beliefs are formed from so many sources such as parental upbringing and the quality of education available to us as individuals. […]
5 Traits Of Financially Intelligent People You Should Know
There are certain traits, attributes, or habits we have as humans that affect us in one way or the other. Sometimes, these traits affect us positively, while others negatively. When it comes to your finance, there are many traits you have that could be stopping you from getting to the financial status of your dream. […]