BENEFITS OF COMPREHENSIVE MOTOR INSURANCE
We’ve be hammering on auto insurance for as long as forever and I’m sure a lot of people are not entirely aware of what the entire process entails.
An interview with the National Retail Manager, Leadway Assurance, ALEX ANABA
Q1: WHAT ARE THE FEATURES OF COMPREHENSIVE MOTOR INSURANCE?
ANS: Actually, this motor insurance provides a succor to the insured. The insured as I rightly said before is the second party who actually took the insurance. So it provides a succor in the vent of damage to the vehicle via accident, fire or if it is stolen.
So, comprehensive motor insurance has these basic features that actually come to the help or aid of the insured.
Q2: WILL THE CURRENT ECOMNOMIC SITUATION BE LIKELY TO MAKE IT DIFFICULT FOR PEOPLE TO CONSIDER INSURANCE, ALSO HOW CAN PEOPLE GET COMPREHENSIVE MOTOR INSURANCE COVER WITHOUT FEELING LIKE IT’S A HUGE FINANCIAL STRAIN?
ANS: Well, everyone in Nigeria today is cautious of what the economy is and definitely businesses too are having a bite of what the economy is but looking at my company, Leadway assurance company, we’ve been very creative in this approach and what we have done basically is to begin to design very creative products that are tailored along 3 paths. Number 1 path is that they are relevant and 2, they affordable, number 3, they are problem solving. The fact is that we have made it very easy for anyone that is interested in having standard comprehensive cover to make it available to their reach. Meaning that you can pay here at Leadway even your comprehensive motor insurance on monthly basis, on quarterly basis, as you so want. So we have broken it down to actually admit the economic entries of people.
Leadway creative products are Tailored in three Paths namely;
Number 1 Path———Relevancy
Number 2 Path———Affordability
Number 3 path———Problem Solving