Aiico's retirements plans

AIICO Insurance Plc has said that as part of its determination to make workers retire with peace of mind and enjoy comfortable life after retirement, it has enhanced the benefits of its annuity plan.

According to a statement by the company’s Managing Director, David Sobanjo, on Friday in Lagos, Aiico Annuity Plan now provides a unique opportunity for workers to earn a guaranteed regular income for life and still provides for a lump sum benefit after death

Travel Insurance in Nigeria

Travel insurance, as all know it is a significant part of every foreign tour. You must never plan for an abroad tour without a cover of insurance. Such plans will protect you against a range of mishaps that you might come across during your international travel. Be it a travel to European countries or US cities, covering your tour against the unexpected or the uncertain is must. If you are planning a vacation in Nigeria, it is advisable that you pick a proper policy that would provide you full coverage against the risks that might crop up during your trip. It is considered that Travel insurance in Nigeria is safe and secure along with being competitively priced in comparison with other country policies. There is also the presence of international companies that enjoy a considerable share in the insurance industry of the country.

Benefits of Travel Insurance in Nigeria

The risk of brokerage in nigerian insurance

One of the earliest and the most resilient problems the insurance industry, and the broking firms in particular has been contending with and will continue to contend with is the problem of ignorance as the benefits of insurance products. Many do not know what insurance is all about; even the educated ones.

Some believe insurance is a smart way of extorting money from the people. The problems created by some dubious practitioners who will collect premium without remitting same to the appropriate quarters do not help matters either. I

t is believed that insurance practitioners, especially the brokers will still need to do more in this area, especially in educating the public on the numerous benefits of insurance products and how such benefits can be harnessed.

3 important benefitsof life assurance

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