Kindly leave a comment and share Chuks Udo Okonta Knowing when to exit an insurance policy would save you from burning your fingers and recover some of your investments in an insurance contract. You don’t have to wait till an insurance firm is liquidated before seeking for refund. Wise policyholders […]
Insurance
How we pay surplus to unclaimed policyholders – Hilal Takaful CEO
Kindly leave a comment and share Chuks Udo Okonta How would you feel when your insurer calls demanding your account numbers for a payment due to you because you didn’t make a claim over on a policy in a year? That great excitement, is what policyholders of Hilal Takaful Nigeria […]
Why you should read your motor insurance policy documents
Kindly leave a comment and share Chuks Udo Okonta Insurance policy documents contain terms and conditions for insurance contracts between the insurers and policyholders. This therefore, makes it necessary for the parties to have an agreement on the contract. As the documents are developed by insurers, it is important for […]
Prince Soyewo loses daughter
Kindly leave a comment and share The death has been announced of Mrs. Damilola Ehisioje (nee Soyewo) on Wednesday, July 26, 2023 at a Lagos hospital after a brief illness. She’s aged 43 years and survived by her husband, two sons and father; Prince Feyisayo Soyewo MFR, Past President of […]
FSD Africa prepares NAICOM staff for risk based capital
Kindly leave a comment and share Chuks Udo Okonta The Managing Director Financial Sector Deepening Africa Mark Napier, along with his Management Team paid a courtesy visit on the Commissioner for Insurance Nigeria Olorundare Sunday Thomas. Sequel to the partnership entered into by the National Insurance Commission (NAICOM) with FSD […]
Guild of Marine Surveyors to hold Monday Ogadina annual memorial lecture on August 24, 2023
Kindly leave a comment and share Chuks Udo Okonta The Guild of Marine Surveyors has announced plans to hold the second annual memorial lecture for Monday Ogadina on Thursday, August 24, 2023. A statement by the President, Guild of Marine Surveyors, Wale Adetoro, said the second annual memorial lecture has […]
Hilal Takaful Nigeria impacts policyholders with robust cashback
Kindly leave a comment and share Chuks Udo Okonta Insurance policyholders who seek benefits beyond claims payment, should look toward Hilal Takaful Nigeria Limited, which offers cashback from surplus recorded in a year to insured that didn’t make a claim. Takaful is a type of Islamic insurance wherein members contribute […]
How you enjoy latent insurance cover from motorists
Kindly leave a comment and share Chuks Udo Okonta Do you know that your life and properties have a latent insurance protection secured through motor insurance? According to the law, insurance of motor vehicles against the risk of liability for injury to, or death of, third parties caused by the […]
How insurance saved Omotolani from anguish, replaces his badly accidented car
Tope Adaramola There is no point saying the obvious that “town is bad” as we often say in street lingo. To feed for many Nigerians is hard, talk less of replacing a precious lost property. Just like many Nigerians, young and upwardly mobile Ogunsanya Motolani was hesitant yielding to the […]
Driving without motor insurance earns you one-year imprisonment
Kindly leave a comment and share Chuks Udo Okonta Are you aware that according to the Nigerian Insurance Act of 2003, any driver caught driving without an auto insurance can receive a fine of up to N250,000 and/or imprisonment for about 1 year? In Nigeria, the insurance of motor vehicles […]