Nigeria: Lack of Awareness, Value, Affordability Cripple Interest in Insurance - Rector

10 December 2018

OVER 30 percent of Nigerians are not buying insurance because they lack awareness on the benefits of insurance.

Speaking to Insurance Vanguard on the sidelines of the Chartered Insurance Institute of Nigeria, CIIN, Education seminar in Ibadan recently, Rector, College of Insurance and Financial Management, Mrs. Yeside Oyetayo, said that another 31 percent of Nigerians do not buy insurance because they do not see value in it.

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