This article outlines essential steps to achieving a sustainable retirement in Nigeria, emphasizing early planning, diversified income streams, financial literacy, inclusive retirement products, policy alignment, and the importance of timely pension payments for long-term financial stability and independence.
This article explains how to choose the right excess level for your insurance policy, highlighting key factors like personal finances, policy value, claim frequency, and premium impact. It provides a balanced approach to selecting the appropriate excess while weighing the pros and cons of both high and low excess levels.
This article provides a comprehensive guide on the legal aspects of insurance claims in Nigeria, including the legal framework, key concepts, and the claims process. It highlights common legal issues, available recourse options, and best practices for policyholders to ensure fair and effective handling of their claims.
This article explains the concept of “excess” in insurance, which is the amount policyholders pay out of pocket before their insurer covers the rest. It details different types of excess, how it affects premiums, and considerations for choosing the right excess to balance affordability and coverage.
This article provides comprehensive insights into vehicle third-party insurance in Nigeria. It covers its definition, coverage, legal requirements, and how to check policy validity. Notably, it highlights recent premium changes by NAICOM. The FAQ section addresses common queries, and it concludes with a reminder to ensure valid insurance coverage and contact information for inquiries.
Enter your email address to subscribe to this blog and receive notifications of new Insurance News Beat by email.
