Insurance
How to tackle sales of fake motor insurance policies
Kindly leave a comment and share Chuks Udo Okonta The proliferation of fake motor insurance policies has continued to denied insurance industry and Nigeria huge revenue as only about 3 million of the 12 million vehicles in the the road have genuine policies. To solve the menace of fake motor […]
Nigeria’s flagship insurtech conference announces second edition
*50+ Speakers; 20+ Demos and Masterclasses and about 3,000 participants expected Kindly leave a comment and share The second edition of the Insurance Meets Tech (IMT) conference is set to take place on September 28 and 29, 2023, at the Civic Centre Victoria Island Lagos, to address prevailing concerns in […]
How to share risks, profit with takaful insurance
Kindly leave a comment and share Chuks Udo Okonta Lovers of insurance who often complained of not getting cash back after years of no claims, can find succour in takaful insurance that allows risks and profits sharing by Policyholders. Takaful is a form of Islamic insurance, and ii is different […]
Growing insurance premium with deferred annuity
Kindly leave a comment and share Chuks Udo Okonta The insurance industry would have earned more than the N726.2 billion it recorded in 2022, if all available opportunities were explored, of which deferred annuity is one. Since part of pension business was removed from the insurance industry and its asset […]
How you can achieve dreamed retirement with deferred annuity
Kindly leave a comment and share Chuks Udo Okonta Do you want to retire rich and comfortable, especially if you are not covered in the Contributory Pension Scheme (CPS) or Micro Pension Plan (MPP)? Deferred annuity is a good option you should explore. A deferred annuity plan allows the insured […]
Good things rich people wouldn’t tell you about insurance
Kindly leave a comment and share Chuks Udo Okonta Do you know that over 90 per cent of the N244.3 billion paid as claims by insurance companies in 2022, went to rich and wealthy people? In spite the perception some people especially, the poor have against insurance, the rich and […]
Why wise people buy insurance
Kindly leave a comment and share Chuks Udo Okonta It takes wisdom to identify imminent risk and provide means to mitigate it. The holy book in Proverbs 22:3 says: “A prudent man foresees the evil, and hides himself: but the simple pass on, and are punished.” From the above quote, […]
How to buy huge money with little premium on term assurance
Kindly leave a comment and share Chuks Udo Okonta Are you looking for an investment that would enable you purchase huge money with little cash, go for term assurance policy. A term assurance is a money purchase policy that secures a person’s family financial status in the event of death […]
Sanlam Nigeria launches code of confidence for instant motor claims settlement
Kindly leave a comment and share Sanlam General Insurance Nigeria Limited, is thrilled to announce the launch of *1056#; a USSD Code of Confidence that allows customers access speedy resolution of third-party insurance claims in cases of road emergencies. This cutting-edge solution is the first of its kind in Nigeria. […]