AIICO staff
AIICO Insurance Plc, in a bid to create insurance market awareness and deepen market penetration, have considered among other strategies the need to embark on market sensitization and awareness program tagged ‘Market Storm’ of some of the major markets in Lagos.
This initiative is intended to educate the traders in the market on the strategic role of insurance and its numerous benefits.The plan is aimed at bringing insurance closer to the market men and women who are involved in retail and micro businesses through the provision of tailored insurance services that suits the need of the traders. This program also give room for market feedback that can be used for further products development.
AIICO Storms Tejuosho market program offers basic retail products to the market traders that guides against business and personal risks. Such products include the AIICO Fire Insurance policy tailored for Shop Owners, AIICO Shield Personal Accident Insurance, AIICO Householder (Home) Insurance and AIICO Auto Insurance.
Despite the fact that no one plans of losing their means of livelihood to fire, flood or any form of natural disaster, these occurrences happen daily resulting in; loss of financial investments, revenue, closure of business, shock and grieve, inability to start again.
AIICO Fire Insurance for Shop Owners provide compensation up to the tune of N2million in the event that stocks, materials and/or wares in trade is affected by fire. Benefits include compensation for fire & special perils, permanent disability, medical expenses & public liability.
AIICO Shield Personal Accident Insurance is designed to provide an accident only insurance whereby the Insured, in any mishap, has access to some level of compensations for death, disability and medical treatment for injuries following accident. Benefits includes compensation for death, temporary and permanent disability & medical expenses.
AIICO Householder (Home) Insurance is designed essentially for those living in rented apartment to cover their contents only against loss as a result of fire & special peril and burglary. The benefits include, compensation to the tune of N2million for fire damage, N1million for burglary, rent for alternative accommodation, public liability, permanent disability, death, & medical expense as a result of the incidence.
AIICO Auto Insurance is designed with flexibility to sooth the pocket of an insured and guarantees cover for accidental damage, theft, third party property damage, bodily injury and death, medical expenses, etc. This product comes in the following variants; Auto Regular, Auto Basic, Auto Classic, Auto Deluxe & Auto Royale.
