Insurance

Why insurance gift card is good for uninsured Nigerians

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Chuks Udo Okonta

It would have been so lovely to have insurance gift cards, just like other shopping cards that were presented to customers and loved ones during the Christmas and New Year festivities by companies and individuals, which afforded the beneficiaries opportunities to shop items of their choice freely at no cost.

Insurance products remain one of the best gifts to be gifted to loved ones, as it is cheaper to gift an insurance policy than contributing money for people who suffer loses.

The public especially the uninsured would be happy to be gifted insurance policies such as:

Personal Accident

The policy provides coverage on medical expenses, personal liability; permanent disability and death. Gifting this policy would help secure the public against risks arising from accidents.

*School Fees Protection Plan.

The policy helps students and pupils in pursuing their academic. It provides cover for students and their caregivers against accident; death; permanent disability and medicals.
This product can be gifted to students to support smooth pursuit of their education.

*Enhanced/Third party motor insurance cover

Loved ones and customers can also be gifted enhanced third party ot third party motor policies to help secure their vehicles against risks.

*Health Insurance

Health insurance gift cards can be given to people to help cater for their health issues.

*Immediate annuity

Though expensive, but no gift is too expensive to be given to loved ones.
Immediate annuity can be gifted to parents; role models; helpers and people that have made impacts on our lives, to enable them have a stable source of retirement income.

*Fire insurance

Production companies can gift their distributors fire insurance to secure their warehouses and shops.

*Professional indemnity

Professionals like doctors; nurses; lawyers among others can be gifted professional indemnity cover to protect them against risks associated to their jobs.

Many other policies can be gifted to people to help mitigate their risks.

Insurance operators should rise to the need of packaging their products in a way the public can buy them as gift cards and be presented to customers and loved ones.

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