Nigeria Social Insurance Trust Fund (NSITF) – Everything you should know Many firms today exploit their workforces by offering subpar working conditions, little benefits, and little job security. For an employer to take advantage of you, you don't … [Read more...]
What is Workers Compensation Insurance in Nigeria
What is Workers Compensation Insurance in Nigeria Before we dive into workers’ compensation insurance, let’s talk about the workforce. The staff is the force that makes any business operational. It means that the company keeps running.In return, … [Read more...]
How To Process Your Claims With AIICO Insurance
How To Process Your Claims With AIICO Insurance About AIICO Insurance AIICO Insurance was formed in 1963. The company provides life insurance, health insurance, and general insurance services. They also have subsidiaries in investment management … [Read more...]
How To Become An Insurance Broker
How To Become An Insurance Broker When it comes to insurance, the phrase “insurance agents” and “insurance broker” are used interchangeably. When people talk about insurance brokers, they always use the word "insurance agent." There are some … [Read more...]
What is Reinsurance
Understanding Reinsurance Reinsurance represents a specialized facet of insurance conducted among professionals, where many of the principles and practices governing insurance business also apply to reinsurance. However, certain principles take on … [Read more...]
4 Major Types Of Claims Settlement
4 Primary Types Of Claims Settlement Claim settlement marks the final phase of the insurance claim process. By this stage, the insured has notified the claim, all parties involved have fulfilled their obligations, and the insurer can settle claims … [Read more...]
Renters Insurance
Renters Insurance Explained Securing an apartment involves its own set of challenges, but did you know that you can also obtain protection and coverage for your rented dwelling? This is where Renter’s Insurance comes into play. Definition of … [Read more...]
Importance of Group Life to an Association
Significance of Group Life Insurance for Associations Group life insurance is a contractual arrangement designed to safeguard the members of a specific group, such as employees or members of a club or association, by providing financial compensation … [Read more...]
Insurance can pay your car maintenance
Car Maintenance Covered by Insurance The adage "a car is a necessity, not a luxury" juxtaposes with another notion that views a car as a luxury once investments are made into it. Regardless of the perspective, a car holds both utilitarian and … [Read more...]
An Overview of Insurance in Nigeria
An Overview of Insurance in Nigeria Insurance is a term that resonates significantly, yet it often remains shrouded in ambiguity for many. While widely recognized, there persists a lack of clarity surrounding various aspects of insurance. In this … [Read more...]