INSURANCE: CREATING A SAFETY NET AGAINST ALL ODDS by IA Rhinake Aliyu
As an Insurance Advisor with one of the leading Insurance companies with 26 years of experience in Insurance business in Nigeria, I find it quite disheartening to find out that Nigeria, the giant of Africa has less than 1% penetration rate in Insurance. But then, being a Nigerian myself and knowing how very religious we can be, most of us would rather pray unfortunate situations like death away than plan to prevent the unpleasant struggles those we will leave behind have to go through due to our lack of preparation for death, the inevitable. We all pray to grow old and grey, we look forward to happy times and fulfilling our dreams and rightly so. However, a lot of times things do not always go as we dream... ... Accidents may occur ... Sickness and disease may strike ... Natural or manmade disasters like flood, fire and acts of violence could bring a person and everything they have built to an untimely end. In view of these realities it is important for a person to think ab...