The Nigerian Insurers Association has said it is planning an accident insurance cover for Nigerians in transit in partnership with the Federal Government. Mrs Yetunde Ilori, disclosed this in the association’s 2022 annual report.
She said, “The Nigerian Insurers Association and Global Sight Services are working with the Nigerian government, through the Federal Road Safety Corp on group personal accident for all passengers in transit.
“It is aimed at reducing the rate of untimely death and to ensure that insurance is made compulsory for all passengers while on transit.”
The Chairman, NIA, Mr Segun Omosehin, during the association’s 52nd annual general meeting in Lagos, said despite the economic downturn being experienced in the country, the Nigerian insurance industry continued to take its pride of place in the economic space.
