Kindly leave a comment and share Chuks Udo Okonta Insurance remains one of the best instruments we can use to secure the life and future of our children. Below are some unique insurance policies that provide adequate cover for children. * Health insurance * Life insurance * Accident insurance * […]
Insurance
Insurance policies you can give as gift to loved ones
Kindly leave a comment and share Chuks Udo Okonta Many people don’t know that insurance policies can be given as a gift to special people, especially at a time of celebration. Another interesting thing about insurance is that the amount (premium) paid for protection against risks or unforeseen circumstances is […]
Mutual Benefits Assurance glows with outstanding financial performance in 2022
Kindly leave a comment and share Chuks Udo Okonta Mutual Benefits Assurance Plc in year 2022, had an outstanding financial performance, recording a 14.27 per cent growth in Gross Premium Written (GPW) from N29.30 billion in 2021 to N33.48 billion in 2022. The Chairman of the foremost underwriting firm, Dr. […]
Linkage Assurance promises improved returns, as shareholders applaud financial performance
Kindly leave a comment and share Chuks Udo Okonta Linkage Assurance Plc has assured its shareholders of stronger performance and increased returns on investment despite challenges in the environment. Linkage Assurance gave the assurance at its 29th Annual General Meeting held in Lagos, where the shareholders spoke glowingly on successful […]
Why conducting Know Your Insurer (KYI) is necessary before buying policies
Kindly leave a comment and share Chuks Udo Okonta Conducting ‘Know Your Insurer’ (KYI) before buying policies has become necessary owing to soaring compliant from policyholders on delay and denial of claims and lack of after sales service. In conducting KYI it is necessary a prospective policyholder research on the […]
How cheap motor insurance policy can harm you
Kindly leave a comment and share Chuks Udo Okonta Most insurance policyholders want policies sold below the approved rates, which unknown to them are fake. Having a fake insurance policy amounts to having no cover and there are consequences holding an ordinary paper with hope of having a claim when […]
Shareholders decry hawking of motor insurance policies in licensing offices
Kindly leave a comment and share Chuks Udo Okonta Shareholders have condemned the hawking of cheap insurance policies in licensing offices, calling on National Insurance Commission (NAICOM) and Nigerian Insurers Association (NIA) to swiftly move to stem the menace. The Coordinator Emeritus, Independent Shareholders Association of Nigeria (ISAN) Sir. Sunny […]
What to do when insurance company delay or refuse your claims
* Ensure your claim is genuine * Call the insurance company * Visit the company * Inform your lawyer * Engage services of claims management firms * Report to the media * Report to the insurers association complaints bureau * Report to the insurance industry regulator
Cornerstone Insurance posts N22.25bn gross premium written, pays 6kobo dividend
* GMD Ganiyu Musa to retire soon Kindly leave a comment and share Chuks Udo Okonta Cornerstone Insurance Plc has said despite the many challenges that the environment presented in year 2022, it recorded a Gross Premium Written (GPW) of N22.25 billion representing an increase of six per cent over […]
90% of insurance agents lack structured retirement plan
Kindly leave a comment and share Chuks Udo Okonta Inadequate motivation of insurance agents by underwriting firms remains one of the clogs to growth of the sector, which over 9,000 agents out of the 10,000 registered professionals are without structured retirement plan. Investigation by Inspenonline revealed that presently, only three […]