The Leadway Assurance is one of Nigeria’s foremost insurance companies with a reputation for service efficiency and customer’s reliability.
The company was established in 1970 by Sir Hassan O. Odukale and commenced business in 1971. It started out as a direct motor insurer with a passion for customer service.
The business expanded into other areas of general business until it became a composite company underwriting both life and general insurance business.
The company also offers subsidiary financial services like Bond, Secured Credit, Miscellaneous financial Losses and Fund portfolio management. Presently, It Is an active player in providing good local content arrangement of the Oil and Gas Industry.
CATEGORIES OF INSURANCE
- Travel Insurance
- Leadway Auto plan
- Motor Insurance (Premium finance, comprehensive and Third party)
- Agric Insurance
- Educational Protection Plan
- Leadway’s Personal Annuity Plan
- Accidental Policies
- Money Policies
- General insurance
Leadway Auto Plan: It is designed to provide a range of benefits for any level of cover you purchase on your vehicle(s).
It offers a comprehensive motor insurance, which covers loss of or accidental damage to the vehicles of the insured and also indemnifies for damage to THIRD PARTY VEHICLES/PROPERTIES as well as THIRD PARTY PERSONAL INJURY OR DEATH arising as a result of any accident from the use of the Insured vehicle(s).
The leadway Auto plan offers Silver, Gold and Platinum Covers. It is renewable annually and it has full cover on personally incurred damage and third party liability.
The premium rates are in accordance with motor insurance tariff and the company bear reasonable cost of towing damaged vehicle up to #30,000. Also, free tracking device for vehicles valued #2,500,000.00 and above.
The variation chosen determines the following;
If it will cover accidental damage to your own vehicle, loss or damage by theft/fire.
Damage to third party properties, Third party bodily injury or death.
Premium Finance: The comprehensive motor insurance provides benefits against loss or damage to the insured car necessitated by accidental collision or over turning consequent upon mechanical breakdown or wear and tear.
Comprehensive: The comprehensive motor insurance provides benefits against loss or damage to the insured car necessitated by accidental collision or over turning consequent upon mechanical breakdown or wear and tear.
The comprehensive enjoy also the benefit under third party cover and it provides benefits against loss and damage to the insured car necessitated by accident collusion etc.
Third Party: Third party insurance provides benefits in the events of death or bodily injury to a third party arising from the insured car. Also, damage to property other than property belonging to the insured.