Insurance Advising

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...

Aliko Dangote has been the richest man in Africa and the richest black man in the world for 9 years now as reported by Forbes. With a networth of $12.5, if Mr Dangote would live for 300 more years, he could afford to spend nothing less than 3 million naira per day before his income runs out. Let me ask you a very important question; If you are to quit/loose your job today, how long can your savings last  given your current lifestyle before you get broke? What kind of lifestyle will your family be able to afford if you loose your job or face an unfortunate unforeseeable circumstance or the ultimate departure from earth? You may not be as rich as Dangote but with adequate planning with a good insurance policy in place you can live in comfort after you retire, or at least have something to cushion the effects for you and your family in the case of sudden unfortunate circumstances like loosing your job, a fatal accident or even severe cases like death. Having an insurance p...