As a car owner in Nigeria, having auto insurance is not just a legal requirement but also a smart financial decision. Auto insurance provides you with financial protection in case of accidents, theft, or damage to your vehicle.…
UNDERSTANDING MONTHLY SAVINGS PLAN IN NIGERIA If your plan this year is unlocking financial stability and building a good financial habit then this is for you. We are delving into the essentials of Monthly Savings Plans, the advantages,…
(Lagos, Nigeria – December 29, 2023) Leadway Assurance Company Limited, a foremost player in the Nigerian insurance sector, today announces a significant leadership transition in line with the regulatory requirements of the National…
In actualization of its promise to continually deploy the latest technological innovation and the power of artificial intelligence to enhance and simplify processes and bolster easy access to its services, Leadway Assurance, Nigeria's…
The Leadway Group, one of Nigeria's leading non-banking financial conglomerates, has launched the 'Leadway One campaign’ to showcase its various service and product offerings across all its associate companies. 'Leadway One Campaign' is…
Friday, March 31, 2023 – Lagos, Nigeria: Leadway becomes the first Nigerian company to cross 3-digit billion mark with Total premium collection of N104.4 billion of which Gross Written Premium is N92.5 billion, Savings & Investment is N10…
What Is Fire Insurance? Fire insurance is a type of property insurance that covers losses and damage brought on by fire. Most policies already include some fire protection. It is advisable to have supplemental fire coverage to replace,…
Life is unpredictable. It comes with unexpected circumstances and emergencies. This is why having insurance helps with financial security and peace of mind. This article discusses the different types of insurance policies available to you…
Group Life Insurance is a type of term insurance in which a single contract is issued to cover numerous persons. The insurance is typically owned by an employer or another body, such as a labor union, and protects the employees or members…
Getting travel insurance might be a little overwhelming as you need to choose what you want yours to cover. You consider your needs and then decide on the appropriate insurance package. What is appropriate for one person may not be for the…
Driving is one of the activities that need a high level of concentration due to the many dangers associated with it. As a driver, it is important to know these dangers and how to avoid them. A mistake or carelessness can lead to serious…
A life insurance policy is a legal agreement between an insurer and the insured (policyholder). In exchange for the premiums paid by the policyholder throughout their lifetime, a life insurance policy promises that the insurer will pay an…
Manufacturing companies undoubtedly need insurance coverage to protect both people and their physical facilities from any form of damage or accident. Hazards can happen at any stage of production. In this article, we look at the types of…
Business insurance protects companies from unplanned expenses that may arise during the usual course of doing business. In this article, we discuss briefly the steps to insuring a business and the types of business insurance. 4 Steps to…
A car accident is almost never a deliberate occurrence and accident scenes are usually ridden with much anxiety and disorientation. However, if you happen to still be in a conscious, safe position, the knowledge of what to do can determine…
Marine insurance is a type of insurance policy that covers your goods in transit while being transported by air, sea, or land. This coverage cushions the financial effect of unforeseen losses while moving property from one port to another.…
Term life insurance is intended to assist individuals to safeguard the interests of their loved ones and dependents in the event of an untimely death. It has a guaranteed life benefit payable to the insured's beneficiaries over a…
Most home insurance policies cover personal property, but they often don't provide enough coverage. That's why it's important to have a separate policy that covers your belongings, regardless of whether they're in your home or not. In this…
You might have heard that your car was totaled, but do not know what it means. If your insurance company says that your car is "totaled" or "totaled in an accident", it means it will cost more than just the value of the car to fix it. The…
Travel insurance is a type of insurance coverage that insures you against any mishap while travelling. It covers medical bills, loss of baggage or property, cancelled and delayed flights, etc. Having these risks insured surely provides an…
Life insurance is a contract between an insurance policy holder and an insurance company in which the insurer promises to pay an amount of money in return for a premium upon the death of an insured person or after a certain period of time.…
If your business has operations that involve your property or the property of someone else that’s valuable and you’ll like to have protected while in transit, then the Inland Marine Insurance policy is the best option for you. This article…
Car keying is a deliberate crime; it’s considered an act of vandalism. It also costs you time and money to fix, and you might wonder if your insurance covers it. Most comprehensive insurance plans cover it. Comprehensive insurance…
Insurance is a financial safety net that protects against something going wrong — such as a car accident, fire, theft, or death. When you purchase insurance, you receive an insurance policy, which is a legal contract between you and your…
In the past, many Nigerians bore the risks associated with travel and had to foot exorbitant bills due to loss, flight cancellation, medical emergencies etc. on their own. This is fast becoming a thing of the past due to the growing…
The main goal of marine insurance is to protect your finances and assets while they are water-borne. If you deal with international trade, marine insurance is one way to get peace of mind and back up when you fall on hard times. What is…
Being a salary earner living in a big city like Lagos, Abuja, Portharcourt, etc. with a single income source can be quite tough, but we’ve got your back. In this blog post, we discuss how to be smart with your finances when you only have…
No one wants to experience loss or damage to their property. However, if it happens and you have planned ahead, your insurance company will compensate for the damages. Having auto insurance is one thing, but knowing how to file a claim is…
If you've ever considered purchasing life insurance, it's likely because you want to leave a financial legacy to your loved ones. People always search for new ways to increase their income or wealth, and insurance can be a tool to do that…
Life insurance gives your loved ones peace of mind financially when you leave this world. However, it is crucial to understand what it means to be a policy owner. Can you transfer, sell or change anything about your life insurance policy?…