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Re: Out Of 12m Vehicles In Nigeria, Only 2.5m Have Genuine Insurance by Enyimbamercedes: 11:23pm On Nov 08, 2019 |
DelTel: It is not 1m because the insurance company will deduct policy excess of 10% |
Re: Out Of 12m Vehicles In Nigeria, Only 2.5m Have Genuine Insurance by ASHLAND(m): 12:00am On Nov 09, 2019 |
ursullalinda:You are correct; they are not really educated about it, and that is the reason you see fight every time cars hit each other instead of just exchange insurance, vehicle, and drivers information. In addition, insurance companies are not helping the situation, they need to link any driver that is the cause of a compensation and the beneficiary of the compensation in their NATIONAL DATA so all the insurance company could make sure such driver pay the consequences for his/her action by increase cost of his/her coverage. If that is done, there will be some sanities on our roads. 1 Like |
Re: Out Of 12m Vehicles In Nigeria, Only 2.5m Have Genuine Insurance by ASHLAND(m): 12:08am On Nov 09, 2019 |
iyatrustee:They would rather fight each other and cause unnecessary traffic than just exchange insurance and vehicle information for claim procedure. |
Re: Out Of 12m Vehicles In Nigeria, Only 2.5m Have Genuine Insurance by exlinklodge: 12:33am On Nov 09, 2019 |
Why will dey even have insurance at all? Am surprised up to 2.5 have Yeye dey smell |
Re: Out Of 12m Vehicles In Nigeria, Only 2.5m Have Genuine Insurance by elshanAutos: 1:14am On Nov 09, 2019 |
DelTel:It’s 900k you’ll get not 1m. 3rd party insurance (for most coys) is worth 1m max but there’s an excess buy-back policy of 10%. |
Re: Out Of 12m Vehicles In Nigeria, Only 2.5m Have Genuine Insurance by Alashoalash10: 1:17am On Nov 09, 2019 |
AutoJoshNG:issurance is a scam in Nigeria, government only uses it to generate money and increase igr |
Re: Out Of 12m Vehicles In Nigeria, Only 2.5m Have Genuine Insurance by bunmioguns(m): 5:12am On Nov 09, 2019 |
oz4real83: They get compensated |
Re: Out Of 12m Vehicles In Nigeria, Only 2.5m Have Genuine Insurance by iyatrustee(f): 5:34am On Nov 09, 2019 |
ASHLAND: Exactly!! Ever since that experience, i switched to doing comprehensive insurance. Funny enough one can get rates between 3% of 5% these days |
Re: Out Of 12m Vehicles In Nigeria, Only 2.5m Have Genuine Insurance by Yodexy: 7:07am On Nov 09, 2019 |
DelTel: About converting new prospects--- As I said, my old clients do well to recommend my services to friend and family. So I hardly need to go sourcing for new business. About visiting the same clients every month---- That's largely due to time management and logistics. You have to group clients, so you can know who and who to visit each day. OF COURSE you can't visit them all. About collecting cash payments--- Most people are hardly afforded time to leave office during working hours. Giving them the option of cash payment in my opinion is a GOOD SOLUTION to this challenge. Moreover, what's there to worry about when they recieve their payment receipt, they get alert and they also see me monthly. Still firing 100 percent with my employers. I don't think there is room for legal disputes as long as I keep doing what I do with integrity. With all due respect, this is the last reply I will be giving on the matter. My day starts now. Cheers!!! |
Re: Out Of 12m Vehicles In Nigeria, Only 2.5m Have Genuine Insurance by ednut1(m): 8:00am On Nov 09, 2019 |
bonnyhope:mansard |
Re: Out Of 12m Vehicles In Nigeria, Only 2.5m Have Genuine Insurance by ednut1(m): 8:00am On Nov 09, 2019 |
jeff1607:mansard |
Re: Out Of 12m Vehicles In Nigeria, Only 2.5m Have Genuine Insurance by jeff1607(m): 8:55am On Nov 09, 2019 |
ednut1: thanks, would check it out |
Re: Out Of 12m Vehicles In Nigeria, Only 2.5m Have Genuine Insurance by oka4ugoo: 8:58am On Nov 09, 2019 |
ednut1: Bros which insurance company do you use? |
Re: Out Of 12m Vehicles In Nigeria, Only 2.5m Have Genuine Insurance by DelTel(m): 9:47am On Nov 09, 2019 |
Enyimbamercedes: Deduction of policy excess of 10% or #1,000 whichever is greater from #1m not #900k. |
Re: Out Of 12m Vehicles In Nigeria, Only 2.5m Have Genuine Insurance by DelTel(m): 9:50am On Nov 09, 2019 |
elshanAutos: Deduction of policy excess of 10% or #1,000 whichever is greater from #1m not #900k. We seems to be saying the same thing but using different approach. |
Re: Out Of 12m Vehicles In Nigeria, Only 2.5m Have Genuine Insurance by tck2000(m): 9:58am On Nov 09, 2019 |
salbis:lol |
Re: Out Of 12m Vehicles In Nigeria, Only 2.5m Have Genuine Insurance by Enyimbamercedes: 10:23am On Nov 09, 2019 |
DelTel: I’ve have made two successful claims on a third party insurance and got a maximum of 900k in both cases. Now what is 10% of 1m? 100k What is greater 1k or 100k? Like I said ... and I am referring to the maximum claim you can get from third party is 900k. In one instance, the total cost of repair was over 4m and you get only 900k. I really don’t know where your argument is |
Re: Out Of 12m Vehicles In Nigeria, Only 2.5m Have Genuine Insurance by DelTel(m): 10:25am On Nov 09, 2019 |
Yodexy: Do have a great day ahead. The message has been passed to every policyholder not to pay cash to any marketer of any company, be it insurance or otherwise. The insurance regulator - NAICOM released "Market Conduct and Business Practice Guidelines" for all insurance companies' employees wherein acceptable mode of premium collection, remittance are clearly stated. Cash payment or bank transfer should be made into designated bank account of the company not otherwise. Any money handled over to any marketer is at the policyholders risk as boldly stated on Proposal Forms. The law/rules/guidelines/ethics of a profession are meant to be obeyed; nothing like genuine trust, integrity in business practice. Once again, do have a great day and weekend. |
Re: Out Of 12m Vehicles In Nigeria, Only 2.5m Have Genuine Insurance by Busilala: 9:10pm On Nov 09, 2019 |
You can make claim on Third party Insurance which cost (N5,000) of up N1 Million. But it is for the third party. Meaning if I have a Third party Insurance and I hit your car. My Insurance covers you to repair your car, I will have to fix my own car myself. |
Re: Out Of 12m Vehicles In Nigeria, Only 2.5m Have Genuine Insurance by ogbpascal: 9:43pm On Nov 09, 2019 |
BarrSly: I can help you with the Moto-cycle insurance : ogbpascal@gmail.com |
Re: Out Of 12m Vehicles In Nigeria, Only 2.5m Have Genuine Insurance by pat077: 2:55pm On Nov 10, 2019 |
Enyimbamercedes:is it 5k monthly? |
Re: Out Of 12m Vehicles In Nigeria, Only 2.5m Have Genuine Insurance by pat077: 2:56pm On Nov 10, 2019 |
Busilala:what if the car u hit is not insured |
Re: Out Of 12m Vehicles In Nigeria, Only 2.5m Have Genuine Insurance by Enyimbamercedes: 4:11pm On Nov 10, 2019 |
pat077: Annually |
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