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Insurers task Nigerians on cover for natural disasters

Source(s): Guardian, the (NG)
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“It takes a little amount of money (premium) to insure against flood, fire, storm damage, landslide, erosion. Insurance means that everybody in every nooks and crannies in Nigeria should be contributing money (premium) towards insurance so that when one part of the country faces this kind of calamity, the pool of fund available in insurance will make good the losses,” experts told The Guardian...

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Document links last validated on: 16 July 2021

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Hazards Flood Landslide Wildfire
Themes Insurance and risk transfer
Country and region Nigeria
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