We all face many kinds of risks: risk of meeting with an accident,
falling sick, being a victim of a natural disaster or fire, and above all risk
of life. All these risks not only come with pain and suffering but also hurt
financially. Insurance is one way of being prepared for the worst or it is for this reason that insurance is such an important component of your financial planning. In this article, we take a look at some of the
top insurance companies in Nigeria. There are many criteria on the basis of
which such a list can be prepared: Premium collections,Market Capitalisation,revenue, profit, geographical area, assets and
more. There are a lot of factors that come into consideration when deciding the
best insurance company to patronize. In Nigeria, there are quite a number of
insurance companies which makes it even harder to determine the best. Factors
like integrity, trust-worthiness, quick response, and reliability have to be
considered before signing a deal to patronize such insurers, when these factor
are considered insurance became an thing of choice in the mindset of many
Nigerian who are one way or other scared of taking risk. This factor has
lingered in the heart of many citizens who really don’t understand how this
sector works. The top best insurance companies in Nigerian are rank base on
some criteria.
While they are many indices used to reach a conclusion as to which insurance companies are the best in the country, there a few criteria that such companies must meet. These include;
- They must have a positive history and track record; all great insurance companies have information to support their claim on the nature of policies they offer and why it is best for businesses and individuals.
- They must be known to the public; even in other industries, reputation means a lot. The reputation of insurance companies provides patrons with information as to why they should take up policies with such companies.
- Integrity; arguably the most important factor in this line of industry, prospective customers want to know that the company insuring their lives and properties are individuals of high integrity and reliability.
No comments:
Post a Comment