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Surging accidents expose Nigeria’s personal insurance protection gap

Surging accidents expose Nigeria’s personal insurance protection gap

Rising accident cases across Nigeria’s roads, workplaces and homes are exposing a significant gap in personal insurance protection among millions of individuals and households despite growing risks.

While motor insurance adoption has improved largely due to regulatory enforcement, voluntary covers that protect individuals against injury, permanent disability, or accidental death remain largely underutilised.

“My experience at an orthopaedic hospital, where patients who had accidents and have been hospitalised for over three months are pay

Rising accident cases across Nigeria’s roads, workplaces and homes are exposing a significant gap in personal insurance protection among millions of individuals and households despite growing risks.

While motor insurance adoption has improved largely due to regulatory enforcement, voluntary covers that protect individuals against injury, permanent disability, or accidental death remain largely underutilised.

“My experience at an orthopaedic hospital, where patients who had accidents and have been hospitalised for over three months are pay

Source: Businessday.ng | Read the Full Story…

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