Insights
Plain-English explainers on cover, risk and getting paid when it counts.
Specialist Compulsory Insurance in Nigeria: Petrol Stations, Containers and Other High-Risk Businesses
Beyond motor third party and workers' cover, some businesses face extra insurance requirements from regulators, ports and landlords. Here is how it works for petrol stations, containers and other high-risk operations.
Compulsory Insurance in Nigeria Under the NIIRA Act 2025: What Is Mandatory and What Is Not
The Nigerian Insurance Industry Reform Act (NIIRA) 2025 reshaped the sector. Here is a plain guide to which covers are compulsory in Nigeria, who must buy them, and which important risks are still your own choice.
What is e-inventory? Do I need an asset register?
A digital record of what you own does more than help you get insured. It can support loan applications, visa proof of funds, business valuations and family planning. Here is why every Nigerian should have one.
Replacement value vs market value: what is the difference?
One is what it costs to buy a new one today; the other is what your used item would fetch. Insuring on the wrong one leaves you short.
Does insurance cover theft?
Often yes, but it depends on the class of cover and the conditions in the wording. Here is what actually pays out.
What is comprehensive insurance?
Comprehensive means the widest cover a policy offers, including your own losses, not just damage you cause to others.
Ready to protect what you own?
Log it, value it, and insure it in minutes. Just talk to Cova.
Start your vault free