Insurance Trust 101: The Secret Tool Wealthy Families Use to Secure Their Wealth Across Generations in Nigeria

Insurance Trust

Ever wished your life insurance could do more than just pay out a lump sum and ensure the benefits are used exactly as you intend? Let me introduce you to insurance trust, a secret tool used by the world’s wealthiest families to stay wealthy across generations. In this post we will explore how an insurance … Read more

Insurance No Claims Certificate: What It Is and How To Get It In Nigeria in 2025

Insurance no-claims certificate

One of the biggest culture shocks Nigerians and other Africans experience once they ‘japa’ to the West is the important role credit and insurance play in the economy. My ambitious friend Jay always wanted to drive a Mercedes-Benz Brabus long before leaving the country. Just months into his stay abroad, Jay called me excitedly on … Read more

Comprehensive Warehouse Insurance: Secure your Inventory in Nigeria in 2025

Imagine a fire outbreak or an attack on your warehouse. Raising funds to repair the damage and restock could be a nightmare. Well, warehouse insurance always comes to the rescue. It won’t just restore your loss but also handle all the expenses involved. This article discusses all the options available to protect your warehouse and … Read more

How to Make Insurance Claim In Nigeria: 5 Secrets Insurance Companies Don’t Want You To Know

Insurance Claim

‘If half the population of Nigeria understood how insurance works and how to make claims, no insurance company would end the year in profit.’ This is the belief I’ve held since I first understood finance, considering the uniqueness of Nigeria. I’m writing this post to expose the secrets insurance companies wish you would not find … Read more

Third Party Insurance Secrets: How to Buy Online in Nigeria

Third party insurance

Traffic congestion could be crazy. However, there is nothing more annoying about Lagos traffic than getting stuck for hours only to realize it is caused by two people fighting over an unfortunate minor accident. Worse, they both have third party insurance but do not know the benefit. First, before we go any further, it is … Read more

Motor Insurance in Nigeria 2025 Complete Guide: Third-Party vs Comprehensive

Motor Insurance

Car accidents are some of the biggest causes of death and losses globally. Five people die from car accidents every hour according to the World Health Organization. While some of these unfortunate events are avoidable, they still happen nevertheless. Hence, one tool you should use to protect yourself is a motor insurance policy. In this … Read more

Insurance in Nigeria: All You Need to Know in 2025

insurance in Nigeria

The Nigerian Insurance Industry – A Brief Overview The insurance industry is one of the oldest components of Nigeria’s financial sector. It is regulated by the National Insurance Commission (NAICOM) and comprises 70 core players (insurance companies), 3 web aggregators, 462 brokerage firms, and several risk adjusters, agents and representatives of the registered companies. While … Read more