Archives Tag: Insurance
Formation Of The Contract Of Insurance
April 19, 2022
Contract of Insurance is a contract whereby one party (called ‘the insurer’) in consideration of a price, known as premium, agrees to indemnify or pay a sum of money to another person (known as ‘the insured’) upon the happening of a loss or misfortune. Read more about The law and you A contract of … Continue reading Formation Of The Contract Of Insurance
Assignment Of Insurance Contracts
April 19, 2022
Assignment of insurance contract is the transfer made by the holder of a life insurance policy (the assignor) of the benefits or proceeds of the policy to a lender (the assignee), as collateral for a loan. In the event of the death of the assignor, the assignee is paid first and the balance (if … Continue reading Assignment Of Insurance Contracts
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Latest Job Vacancies In Nigeria, March 29 to April 2
April 19, 2022
These are some of the top job vacancies in Nigeria for the final week of March 2021. Program Assistant At The British Council, Abuja The British Council, Abuja, is seeking to hire a Program Assistant (for the program, EU-Agents for Citizen Driven Transformation). The assistant will provide the administrative and financial support required for … Continue reading Latest Job Vacancies In Nigeria, March 29 to April 2
How To Conquer Every Financial Bill This Year
April 19, 2022
Bills, Bills, Bills and more bills. Do you sometimes feel overwhelmed by the huge amount of bills you have to settle every year? Reality often dawns on us all at the beginning of a new year such as this one. We wish that things like house rent, school fees, wedding cost, vacation costs and … Continue reading How To Conquer Every Financial Bill This Year
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Sunny’s Story: Why You Should Not Procrastinate
April 19, 2022
Sunny is like most of us, he’s always on the move. He runs a laundry and cleaning service business and has one car for deliveries and another for his personal runs. He noticed the insurance covers on both cars were due for renewal in a week, but since there was no accident or theft, … Continue reading Sunny’s Story: Why You Should Not Procrastinate
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Can Insurtech Solve Nigeria’s Low Insurance Coverage Problem?
April 19, 2022
Nigeria’s insurance industry has a lot of growth potential. Of its 200 million inhabitants, there are enough individuals to constitute one of the world’s largest markets for insurance products. However, the current reality doesn’t exactly match this perception. Read more about FinTech Consider this. According to a 2018 report from Statista, about 97% of Nigerians … Continue reading Can Insurtech Solve Nigeria’s Low Insurance Coverage Problem?
Love Is An Action Word
April 19, 2022
“I am sorry, I cannot take this promotion. There is somewhere I need to be.” The character in the movie raced out of the office to his car and drove like his life depended on it to his daughter’s recital. He had always promised her so many things but always failed to come through … Continue reading Love Is An Action Word
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If You Own A Lot, You Need L-Happy
April 19, 2022
“Will it cover my wife’s car and my PlayStation? I am getting this because nothing must happen to my game set especially. And iyawo’s car too.” Donald laughed as he repeated it over the phone. He wanted to be sure that his PlayStation and his wife’s car are both protected. Adulthood gives us the … Continue reading If You Own A Lot, You Need L-Happy
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Did You Know? You Can Verify Your Vehicle Insurance Policy Online and via SMS
April 19, 2022
If you own a car or truck in Nigeria, the law demands that you have them insured. If you haven’t done this and you’re not sure how to go about it, you may ask someone at an insurance firm closest to you to explain the steps to you. But if you have obtained a vehicle … Continue reading Did You Know? You Can Verify Your Vehicle Insurance Policy Online and via SMS
Agriculture BUSINESS Insurance
Did You Know? You Can Insure Your Farm Products With The Nigerian Agricultural Insurance Corporation
April 19, 2022
You can insure yourself against the loss of your house, cars, or health. But what about your farm, if you’re a farmer- can you insure that too? You can, thanks to the Nigerian Agricultural Insurance Corporation (NAIC), the government-backed institution which was set up for this purpose over three decades ago. The conditions which led … Continue reading Did You Know? You Can Insure Your Farm Products With The Nigerian Agricultural Insurance Corporation
Brands We Love: Wapic Insurance
April 19, 2022
Nigeria’s insurance sector has grown by leaps and bounds in the last decade. This growth is being driven by members of the country’s expanding urban working class, who are becoming more aware of the need to hedge against financially demanding situations that may arise in their future lives. But it’s also been sparked by insurance … Continue reading Brands We Love: Wapic Insurance
How To Start A Vehicle Rental Business In Nigeria
April 19, 2022
Vehicle rentals exist because there’s a real, constant and stable need for them. Businesses sometimes want a vehicle to convey guests; wedding attendees might prefer to travel in a van that’s headed straight for their specific destination, and sports teams would pick a bus that’ll go the distance and keep their team talks and banter … Continue reading How To Start A Vehicle Rental Business In Nigeria
Brands We Love: Tranex Courier Services
April 19, 2022
Logistics companies are a vital part of the long-distance trading setup. Without them, much of the formal sector would have to improvise delivery systems or rely on other less than satisfactory means to send or receive cargo. They’d be struggling with greater transportation risks, bigger costs, and ultimately, much smaller markets and profit margins. Tranex … Continue reading Brands We Love: Tranex Courier Services
Federal Government Targets Insurance Policy Cover For Prison Inmates, NYSC, Retirees
April 19, 2022
The campaign by the Nigerian government to get more Nigerians to take up insurance policies has been intensified in recent times. Health insurance, in particular, has been advocated for. Although the message is beginning to sink in for people in the country’s professional class, a large section of Nigeria’s population remains not too bothered. Now, … Continue reading Federal Government Targets Insurance Policy Cover For Prison Inmates, NYSC, Retirees
Business Profile- My AutoGenius: Nigeria’s first Online Auto Insurance
April 19, 2022
Owners of vehicles can associate with the dread that comes over them when their vehicle papers are about to expire. The bureaucracy involved in renewing these papers is alarming and makes people start looking for ways to bypass the red tape. Well, that is well on its way to being a thing of the past, … Continue reading Business Profile- My AutoGenius: Nigeria’s first Online Auto Insurance
By muna-ugorji
