Fire insurance is a property coverage that pays for damages to property and other losses you may suffer from a fire. It can pay for the cost of repairing or replacing damaged property in your home.
Burglary insurance is a policy that covers losses resulting from a burglary. Burglary denotes the act of entering a property unlawfully with the intention of committing a crime and it might not always involve theft...
Personal Accident Insurance provides compensation to individuals or groups in the event of accidental bodily injury to the insured person (s) which results to death, disablement or hospitalisation.
Kids learn through play and experiments. That’s why you should protect your energetic little ones in every way possible.
Kiddies Protect is a personal accident plan coverage for your child. Be assured your child is well-protected, wherever they go.
Your home is your personal sanctuary. More importantly, it’s a place that holds precious memories. Safeguard your home with House Holders Insurance plan.
This policy covers the Insured Person(s) from bodily injury sustained as a result of violent accidental external and visible means resulting in Death, Disablement or Reasonable Medical Expenses.
Children are precious. Their bright future must not be allowed to suffer no matter any unfortunate circumstances.
One of the most important desires of loving and caring parents today is to give their Children/Wards good quality education.
But what happens to their education if their Parents or Guardians dies of suffers permanent disability as a
result of an accident?
This product - School Fees Protection Plan, is specially designed to provide timely compensation when the need arises to ensure children of the insured parents remain in school in case the death or permanent disability of the insured Parent or Guardian.
This will help the children achieve their future dreams.
At Universal Insurance Plc we believe that children’s education should not be hindered “no matter what happens” to their parents or Guardians.
This way, we support and help children achieve their career dreams and become better citizens and responsible future leaders.
WHAT ARE THE COVERS & BENEFITS?
School Fees Protection Plan provides payment of school fees to the named Beneficiary (or Guardian, Trustee or School in case of a minor) of the insured parent/Guardian in event of the following occurring:
Depending on the level of fees charged by the Child/Ward’s School, the benefits payable to the Beneficiary are designed to cover:
This product has 5 Plans according to the sums insured (i.e. Benefits payable) from which you can chose from:
HOW MUCH DOES IT COST?
The Annual Premiums (Amount payable yearly) according to the plan type are:
Salary-4-Sure is a Job loss insurance cover for full-time workers that provide a temporary income in case the insured person should lose his/her job.
It provides guaranteed income security in event of loss of employment.
Do you know that one in three educated people aged 30 years and above have experienced unemployment for a period in excess of six month? If someone is out of job, who pays for his daily needs, family upkeep, house rent, utility bills, children’s school fees, medical bills and other needs?
Many people worry about how they will pay their bills if they are laid off from work. If you don’t have funds in reserve to cover your expenses until you line up another job, you may find yourself in an unfortunate situation.
To apply for Salary-4-Sure, a person must attained the age of 18 years, working as permanent staff in a structured employment (reputable company or organization) and has attained a minimum of HND/BSC (or equivalent) educational qualification from approved institutions.
His appointment must have been confirmed at the time of applying for Salary-4-Sure.
However, special consideration may be given to people working in structured employment with reasonable level of experience and length of service but have not attained the minimum educational level specified above.
Contract staff are not eligible to apply for this cover.
The Guaranteed Monthly Income (GMI) provided by Salary-4-Sure is the amount that is payable to the insured person in event of job loss. The amount of GMI is determined by the insured at the time of applying for Salary-4-Sure.
Salary-4-Sure also has an option for 12 months benefit period. Where this is selected, the premium payable will be twice the amounts stated under each plan above.
Do you need a savings plan that can help you save to achieve financial security and provide a safety net in case of emergency
or for recurrent needs such as medical bills, school fees, house rent, etc.?
Do you always face the “temptation to go and withdraw” from your savings for not-too-important or very pressing needs?
Do you find it difficult to save for long-term needs and heart-desires of yours?
Do you still save your hard-earned money with private, unlicensed individuals and companies? What if they disappear of something (e.g.) happens to them, how would you recover your money?
Do you need an all-in-one savings plan that offers you more than a regular savings plan?.
Savers Insurance Plan is a unique combination of a savings plan and accident protection insurance cover and a life insurance cover.
If you own a private car and you still do a Third Party Insurance, then you need to step up.
Do you know that a Third Party Cover settle others (Whom you have caused a loss or damage) but nothing is paid to you?
The best insurance cover for you is a Comprehensive Cover. But if you cannot afford a Comprehensive Cover in the meantime, then go for Go-Flex Motor Cover (3rd Party Plus)
Get the best of comprehensive motor cover and more
There are risks in every activity we do. Whether you are at HOME, at WORK, at PLAY or while TRAVELING. Over 75% of the activities we do has to with our job, business or occupation.
Every job/occupation has its peculiar risks. Most common is the risk of accident – from minor to fatal. When accident happens, it could lead to medical expenses, permanent disability or death. Raising funds to take care of emergency situation resulting from accident is sometimes a very challenging task for most people.
Aside from accident, individuals are sometimes held legally liable for their negligent, unintentional actions or actions of their children or other relatives, whether at home or outside the home, which could result in bodily injury of persons or loss/damage to their property.
Everyone therefore needs to guard ourselves with Uni-Personal Cover in case any of this situation arises. With Uni-Personal Cover, you can work, live, play and travel with great confidence.
Uni-Personal Cover is combined Personal Accident (PA) and Personal Liability (PL) insurance cover, just for you. Uni-Personal Cover is available in 4 unique Plans:
Daily, family members are involved in various kinds of activities – whether at work, at home or at play – there are potential risks in all of these activities.
The most prominent amongst these risks is accident which results in bodily injury, disability and death.
Aside from accident, individuals are sometimes held legally liable for their negligent, unintentional actions or those of their family members, whether at home or outside the home, which could result in bodily injury of persons or loss/damage to their property. This product will help families if such situation arises.
Men and women who love and care for their families will find this product an important family companion.
Every family needs to guard themselves with Uni-Family Cover in case any of these situation arises. With Uni-Family Cover, you can work, live, play and travel with great confidence.
Uni-Family Cover is a combined Personal Accident (PA) and Personal Liability (PL) insurance cover, just for you and your family. Uni-Family Cover is available in 4 unique Plans noted below. Each Plan cover maximum of 6 family members. Request for addition of members will attract additional premium (or they take a separate policy.) Please note that benefits/sums insured are on Aggregate Basis and NOT per person.
Does your Group or Association usually contribute money when a member, dies, or involves in an accident or other problems? Here’s a better solution for you.
We know that members of your Group or Association are involved in various kinds of occupation and activities and are therefore exposed to risks in their day-to-day activities.
The most common of these risks is accident which could result in bodily injury, disability or death.
When a member of a Group or Association or their relative is involved in an accident, death or other problems that require a significant amount of money, they run to the Group/Association for help. Group/Associations offer great support at time like this and this can put pressure on their finances.
At times, members’ contributions are sought. If in the process of raising funds and there is long delay in getting access to medical treatment, it puts the victims life at great risk.
This product designed to provide the required funds and reduce the financial burden of Groups/Associations always having to rescue their members from the above situations by subscribing to this policy and/or encouraging their members to take up the Family Cover also.
Uni-Group Cover is available in 4 unique Plans noted below. The benefit under each Plan is per member
Embarking on journeys comes with several challenges in our country today. Whether the journey is short or long, the risks are there.
Whether you travel for business, vacation, recreation, visitation, adventure, politics or education, the risks are the same. Travelling is sweet when you arrive safe and smooth.
At times when the journey is not smooth a traveler may need emergency medical care, accommodation, alternative transportation, money to replace lost luggage in unexpected circumstances such as accident, robbery or kidnapping.
Everyone prays and wishes nothing of such happens. But it is wise to be well prepared ahead.
That is why should leave home without your Universal Travel Card.
For kidnap risk, Universal Travel Card does not cover for ransom. It only overs medical treatment or expenses incurred as well as permanent disability and death as a result of kidnap of the insured person.
Most businesses and Shop Owners face the risk of their goods being lost or damaged by Fire, Explosion or Burglary (Thieves who break into Shops at night or broad daylight armed robbers).
When fire outbreaks occur at business premises, people may get injured in the process of trying to save their goods. It also takes a long time to rebuild the damaged shopping plaza or complex due to financial implications or government intervention. When this happens, the traders always lose their prepaid rents.
It is in consideration of these risk exposures that this product, Shop Insure is designed to get the insured Shop Owners prepared against such occurrences and to pay them for loss/damage to their goods as well as pay for prepaid rents lost and also for medical expenses for the treatment of injury sustained by the insured person or his shop attendant during the incident.
All families use some form of energy sources for cooking, laundry, lighting and other daily domestic uses.
The most common energy sources used in homes are electricity, gas, kerosene, petrol/diesel engines to power several home appliances. These energy sources as well as the appliances are potential sources of explosions and fire outbreaks, which could lead to huge loses or damage to property. Also, domestic property can be damaged by lightning, thunder storms, and burst water pipes. Individuals and families and their property are also exposed to the risk of burglary & house breaking. Often times, most victims of fire outbreaks suffer accommodation challenges as well as loss of prepaid rents.
It is in consideration of these risk exposures that this product, Home Protection Plan is designed to get the insured persons and their families fully prepared against such occurrences and to pay them for loss/damage to the contents of their residential apartments as a result of the aforementioned perils or risks as well as the resultant effects such as loss of prepaid rents and the need for immediate alternative accommodation.
Most people move goods to different destinations for business or private reasons. Some use owned vehicles, others use Commercial Transporters/Drivers while others patronize Courier Companies.
Some of these goods/parcels can be damaged or lost while being transported due to accident, armed robbery, storm or flood.
The unfortunate thing is that most people do not recover the value of their goods or get any form level of compensation if lost or damaged in while in transit. But with this product - Parcel Guard – you will loose nothing.
This product Parcel Guard is a single-transit insurance cover for goods/parcels.
It is designed for individuals, corporate organisations, courier companies, dispatch riders and transport operators.
This means Driver’s Personal Assurance & Safety Scheme. It is an insurance plan designed to compensate drivers in case of an accident.
All drivers are exposed to the risk of accident, not necessarily because they are careless or reckless, but because accidents sometimes occur due to the recklessness of other road users or various other reasons. When an accident occurs, the Driver as well as others persons may:
Some drivers usually find it very difficult to raise money to take care of the challenges arising from an accident. Therefore, every driver, whether corporate, private or commercial driver needs Driver’s PASS to protect him against the consequences of an accident.
The premium (Amount) you pay depends on the Plan you choose. Below are 3 types of Plan you can choose from.
KEKE Riders are important transport operators in Nigeria as they provide alternative transportation for people and goods when the need arises.
They are hard-working, self-employed people who take care of their families. Every KEKE Rider is exposed to the risk of accidents, not necessarily because they are careless or reckless, but because accidents sometimes occur due to various other reasons.
When an accident occurs, the most important thing is the life of the Okada Rider. Most times the KEKE Rider may:
All these can be taken care by KEKE PASS. KEKE Pass means Personal Assurance & Safety Scheme (PASS) for KEKE Riders. This is a compensation plan for you in case of an accident.
The premium (Amount) you pay depends on the Type of Plan you choose. Below are 4 types of Plan your can choose from.
Okada Riders are important transport operators in Nigeria as they provide alternative transportation for people and goods when the need arises.
They are hard-working, self-employed people who take care of their families. Every Okada Rider is exposed to the risk of accidents, not necessarily because they are careless or reckless, but because accidents sometimes occur due to various other reasons.
When an accident occurs, the most important thing is the life of the Okada Rider. Most times the Okada Rider may:
All these can be taken care by Okada PASS. Okada Pass means Personal Assurance & Safety Scheme (PASS) for Okada Riders. This is a compensation plan for you in case of an accident.
The premium (Amount) you pay depends on the Type of Plan you choose. Below are 5 types of Plan your can choose from.
Marine Cargo Insurance provides indemnity against losses to goods being imported either by sea or by air.
The cover can be arranged on a Single Shipment or as an Open cover for all shipments, in any one –year.
It can also be arranged to cover either total losses or partial losses. (i.e. Institute Cargo Clause A and C).
The premium rate will depend on the type of goods in question and the volume of importation in any one year.
The exclusions associated to this class of insurance are expressly contained in Institute cargo clauses (ICC).