Complusory Insurance Policies in Nigeria

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Poor insurance practices have lead to poor patronisation of insurance products in Nigeria. Considerable effort is been made to improve this situation by among other things drawing attention to the statutory and mandatory insurance provisions under the relevant Nigeria Insurance Law, and establishing an insurance ombudsman to mediate in a timely fashion to insurance disputes. This newsletter provides you with succinct information of the current insurance provisions in Nigeria. Happy reading.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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