Unitrust Insurance redefines Third-Party Motor Insurance with UNIRIDE

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Chuks Udo Okonta
Unitrust Insurance Company Limited has announced the launch of UNIRIDE, a redefined motor insurance solution tailored specifically for private vehicle owners.
This innovative product is designed to bridge the gap between third-party and comprehensive motor insurance, providing value, flexibility and extended coverage to Nigerian motorists.
UNIRIDE is a strategic enhancement of the traditional third-party insurance model, offering motorists not just legal compliance, but more protection at an affordable cost.
With three plans – Silver, Gold, and Platinum – policyholders can now access cover for third-party liabilities as well as limited protection for their own vehicles.
“UNIRIDE is our answer to the needs of millions of Nigerians who desire more than the bare minimum, but cannot afford full comprehensive insurance,” said Managing Director Unitrust Insurance Adedayo Arowojolu.
Key Highlights of UNIRIDE are: Third Party Property Damage: Up to N3 million.
Death/Bodily Injury: Unlimited but reasonable compensation
SILVER – N25,000/year; includes N500,000 cover for accidental and fire damage
GOLD – N35,000/year; includes N750,000 cover for accidental and fire damage
PLATINUM – N45,000/year; includes N1,000,000 cover + N10,000/day “Loss of Use” relief for 2 days, up to twice annually.
A Product Backed by Purpose
UNIRIDE is not just an insurance product; it’s a vehicle for transformation in the Nigerian motor insurance sector. Designed in compliance with NAICOM regulations, the product also comes with:48-hour claims turnaround24/7 customer supportAI-enabled chatbot (UNIS)Easy digital purchase and renewalsWith increased urbanization and growing vehicle ownership in cities like Lagos, Abuja, and Port Harcourt.
UNIRIDE is set to drive deeper penetration into underserved segments of the insurance market.
About Unitrust Insurance Unitrust Insurance Company Limited is a forward-thinking general insurance company committed to delivering reliable and innovative risk solutions.
With a heritage of trust and performance, the company continues to push boundaries to ensure customer satisfaction and peace of mind.
Well done Uni trust Insurance.
Updating and polishing this old products to merge evolution and developments of today’s generation is well over due.
Lets continue growing the industry both in volume and value.