Insurance

Insurance is the last hope in times of recession – NIA DG

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Gbadebo speaking and Thomas at the event

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Chuks Udo Okonta

The Director-General Nigerian Insurers Association (NIA) Sunday Thomas, has urged the public to secure their belongings this period of recession with insurance which remains the best tool to mitigate risks.

Thomas, gave the advice today in Lagos at the 2000 man match awareness campaign organised by the Association of Registered Insurance Agents of Nigeria (ARIAN), stressing that insurance operators have products to cater for risks faced by individuals on a daily basis.

He noted that the awareness campaign was engaged to consolidate the achievements already recorded in Lagos State, which has remained the leading light in insurance.

He lauded the Lagos State Government for its supports toward insurance development, stressing that the industry would continue to educate the public to ensure they understand the importance of insurance.

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Participants

“The best way to go now, is to keep what you have. You have a building why not insure it, should in case anything happens. So that you can continue to have a house. You have a car, why not insure it, to make sure that should in case anything happens to it and you could not buy a new car, the one you have can be sustained. You have children in school, how do ensure that if anything happens to you, their education would not be affected. There are various policies for all of these. And that is the way to go. In times of recession, Insurance is the last hope,” he said.

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President Association of Registered Insurance Agents of Nigeria, Olamerun Gbadebo, said the event was organised to enable the public cultivate insurance culture and expose them to the dangers of self and fake insurance.

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