Effect Of Subsidy Removal On Your Insurable And Insured Assets

BY OLUSEYI IFATUROTI—Apart from resources being made available for development in other sectors of the economy. Removal of fuel subsidy brings about an immediate spike in cost of goods and services. In the removal of fuel subsidy the government has a responsibility to introduce compensatory measures via palliatives for the public especially the poor and...

What is Motor Fleet and Commercial Motor Insurance?

Commercial motor insurance provides businesses cover for vehicles ranging from one vehicle all the way up to 20 vehicles depending on the insurer. Commercial motor insurance can cover various categories of vehicles such as but not limited to: – Sedans, station wagons, SUVs, utilities and 4WDs – Vans up to two tonnes carrying capacity –...

Purchasing Life Insurance: A Few Good Reasons to Consider.

Life insurance is an important type of coverage that can provide financial protection for your family and loved ones in the event you pass away unexpectedly. What many people don’t realise is that it’s not just about death benefits though; life insurance can also have living benefits, like money to pay for long-term care or a tax-free...

Tips For Driving In Heavy Traffic In Lagos

Traffic congestion in Lagos makes driving tedious and difficult. With the appropriate mindset and a few tips, excessive traffic can be tolerable. Lagos traffic driving advice. 1. Plan your route ahead of time Plan your route before leaving. This can help you avoid traffic and identify alternative routes. Plan your route with a navigation app...

Budgeting for life’s emergencies

Car repairs and home appliance break-downs happen to everyone at some point, but there are a lot of unexpected situations that can set you and your family back financially if you’re not prepared. Think about these scenarios when considering how much you should save in your family’s emergency fund. Medical Emergencies An unexpected trip to...

When Should I Reevaluate My Life Insurance Coverage?

If you purchased your life insurance policy some time ago, it’s likely you haven’t thought about it much since then. Maybe your life has changed in significant ways and you’re wondering whether it’s time to adjust your coverage. Here’s when it may be time to reevaluate your life insurance portfolio. Your Family Has Grown If...