Pension
The pension insurance contract is an insurance contract that specifies pension plan contributions to an insurance undertaking in exchange for which the pension plan benefits will be paid when the members reach a specified retirement age or on the earlier exit of members from the plan.
Health Insurance
Health insurance is a type of insurance that helps cover the cost of an insured person’s medical and surgical expenses. Insurers use the term “provider” to describe a clinic, hospital, doctor, laboratory, healthcare practitioner, or pharmacy that provides treatment for an individual’s condition. The “insured” is the owner of the health insurance policy or the person with […]
Travel Insurance
Travel insurance enables a traveller to travel with peace of mind. Whether you are travelling for business, pleasure or for school, travel insurance is designed to provide cover for risks associated with travelling temporarily outside your country of residence, no matter your travel destination.
Agricultural Insurance
The aim of agriculture insurance is the protection of Nigerian farmers against the effects of natural hazards through the operation of a mechanism that ensures an indemnity by way of compensation sufficient to keep these farmers in business after suffering a loss. The product is usually designed for livestock including poultry and piggery and crops […]
Contractor’s All-Risk Insurance
This policy provides coverage for property damage and third-party injury or damage claims, the two primary types of risks on construction projects. Damage to property can include improper construction of structures, the damage that happens during a renovation, and damage to temporary work erected on-site. Third parties including subcontractors may also become injured while working at the construction site. CAR insurance not only covers those associated […]
Workmen’s compensation
In line with the provisions of the Workmen’s Compensation Decree 1987, it is compulsory on any employer of labour to provide financial compensation to an employee following an injury sustained in the course of duty and resulting in death, permanent or temporary disability. This insurance covers this risk. Note that all premiums are negotiable […]
Money insurance
The insurance covers loss of the company’s money and money instruments i.e. cash, cheques, postal and money orders, whilst in transit or in the safe or whilst in the personal custody of the employees.
Goods in transit Insurance
The insurance covers the risk of loss or damage by any accident or misfortune to the insured’s goods whilst in transit or whilst in course of loading onto or unloading from the vehicle or whilst temporarily housed in the ordinary course of transit within Nigeria.
Consequential Loss Insurance
Following an interruption of the smooth operation of your business, the insurance covers loss of profit, wages payable and auditor’s fees payable due to the occurrence of a fire incident or any of its allied perils.
Bonds
Bonds can briefly be described as guarantees by insurance companies, attesting to your credibility as a company to third parties which have business dealings with your company.
