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 […]
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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. […]
Photos: Faces at 2023 ARIAN football tournament in Lagos
The final game which held on June 18, 2023, was between Zenith Prudential Life and Cornerstone Insurance. Zenith Prudential won the match with a 2-1 score, cornerstones was the 1st runner up and AIICO Insurance 2nd runner up.
Benefits of enhanced third party motor insurance
Kindly leave a comment and share Chuks Udo Okonta As third party motor insurance policy only covers against third party/person liability, it is also necessary to protect yourself against risks from incidences, especially now that inflation has shut the cost of things above the rooftop. Most insurance companies now offer […]
Cornerstone Insurance projects Stephen Alangbo for Group Managing Director position
Kindly leave a comment and share Chuks Udo Okonta As the Group Managing Director,Cornerstone Insurance Plc, Ganiyu Musa retires comes July 1, 2023, there are indications that the firm’s Executive Director, Technical Operations, Stephen Alangbo, would take over from him. Inspenonline findings revealed that Alangbo who joined the company last […]
Micro insurers should underwrite group personal accident for road passengers – Expert
An insurance expert, Chris Ogbaisi, has canvassed that the proposed compulsory group personal accident for all road passengers in transit, should be domiciled with micro insurance operators. Ogbaisi, stated this in a comment section of the report by Inspenonline, stating that the scheme be driven as a micro insurance scheme […]
FG to make insurance compulsory for road passengers
Kindly leave a comment and share Chuks Udo Okonta Nigerian Insurers Association (NIA) and Global Sight Services Limited are working with the Federal Government, through Federal Road Safety Corp (FRSC) to make compulsory a group personal accident for all road passengers in transit. The Director-General of NIA, Mrs. Yetunde Ilori, […]