₦airaland Forum

He didn't go bankrupt, it was all a stunt to avoid paying all those fines. His series Power is doing well!

givan:
North Korea is better than nigeria at the moment!

You could relocate!

The mines will gladly accept you!

DonVikings:
Is anyone stopping this idiot from contesting? Did Mr Buhari tell anyone he wants to be Mandela? And why can't you just ď camp to another party if you do not like how things are in APC? What kind of stupid ideology are you portraying?

He has every right to be an opposition in the party, he is a member and if he feels the party is ending downhill he could be the voice to change that! How is that a problem?

The author of this article is raving mad!

I got this mail
I have checked my portal
But I don't see any change
Someone should assist

MrMicholo:


In the country I come from... A minor fracture in the leg can pass for "Handicap"
.
Am I supposed to take her kids to school for her
.
She did the fvck... She should do the time.

Your attempt at sarcasm ended in foolishness.

Rex123:
Contact me for your comprehensive and third party insurance for all your vehicles!

I have the best rates in the market, fast reliable and original

Protect yourself and your car!

Call or message 07013633184 for more information

Hy

Rex123:
Contact me for your comprehensive and third party insurance for all your vehicles!

I have the best rates in the market, fast reliable and original

Protect yourself and your car!

Call or message 07013633184 for more information!

Hy

Well con artists live large, that way their targets won't doubt them when they see their lavish lifestyle!

Contact me for your comprehensive motor insurance! Best rates in the market!

Yoruba4Life:
I used to own a custom-built 2008 Acura RL-7 (Royal Luxury) SH-AWD.

I drove if for 7yrs. Very, very quality car indeed till, I got hit by some random 'broken-hearted' chic. . I was able to convince the insurance to pay me for the emotional loss of the car but, they rather gave me an option to re-buy for <80% of the actual re-valuation .

They ended up paying me the net valuation and still got my prized toy back... never the same

I still miss my customized RL-7 !!!

Reasons to have an insurance policy!

Check out

https://www.nairaland.com/4404213/insurance-why-need-insurance

There are several factors that makes an average Nigerian uninterested in getting an insurance policy.

1. Economic Situation : Many people understand the importance of insurance, but when you sit to discuss with them why they don't have a policy they all come up with the same response! "The economy is bad!" "No money for insurance"
Insurance is the bedrock of commerce! Commerce involves taking risks, and Insurance covers that risk! It is important for every business to take an Insurance policy. This helps protect the business!


2. Ignorance: Many people don't understand how insurance works, I have heard cases of people buying life insurance, thinking they have a cover for their business. Only to find out they been swindled into buying the wrong policy.

3. Trust: We distrust what we don't understand! People find it difficult to comprehend how insurance works, also some Insurance companies look for ways to avoid paying indemnity! This leads to distrust!

What is Insurance? Wikipedia defines Insurance as a means of protection from financial loss. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss.

An entity which provides insurance is known as an insurer, insurance company, insurance carrier or underwriter. A person or entity who buys insurance is known as an insured or policyholder. The insurance transaction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms, and usually involves something in which the insured has an insurable interest established by ownership, possession, or preexisting relationship.

The insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insurer will compensate the insured. The amount of money charged by the insurer to the insured for the coverage set forth in the insurance policy is called the premium. If the insured experiences a loss which is potentially covered by the insurance policy, the insured submits a claim to the insurer for processing by a claims adjuster. The insurer may hedge its own risk by taking out reinsurance, whereby another insurance company agrees to carry some of the risk, especially if the risk is too large for the primary insurer to carry.


Difference between Assurance and Insurance : The terms insurance and assurance are used frequently in the financial industry. Insurance provides financial coverage for unforeseen circumstances surrounding an event, such as fire, theft, or flooding. Assurance provides coverage for events that will occur, such as death. A life insurance policy, for example, provides coverage to an individual for a specified period of time. If the individual dies during that specific period, the insurance carrier will pay the amount of money agreed upon in the contract. If the insured individual lives past the specified time period, the insurance policy becomes void, and the provider is not obligated to make any payment.


Importance of Insurance:

1. Provide safety and security:
Insurance provide financial support and reduce uncertainties in business and human life. It provides safety and security against particular event. There is always a fear of sudden loss. Insurance provides a cover against any sudden loss. For example, in case of life insurance financial assistance is provided to the family of the insured on his death. In case of other insurance security is provided against the loss due to fire, marine, accidents etc.

2. Generates financial resources:
Insurance generate funds by collecting premium. These funds are invested in government securities and stock. These funds are gainfully employed in industrial development of a country for generating more funds and utilised for the economic development of the country. Employment opportunities are increased by big investments leading to capital formation.

3. Life insurance encourages savings:
Insurance does not only protect against risks and uncertainties, but also provides an investment channel too. Life insurance enables systematic savings due to payment of regular premium. Life insurance provides a mode of investment. It develops a habit of saving money by paying premium. The insured get the lump sum amount at the maturity of the contract. Thus life insurance encourages savings.

4. Promotes economic growth:
Insurance generates significant impact on the economy by mobilizing domestic savings. Insurance turn accumulated capital into productive investments. Insurance enables to mitigate loss, financial stability and promotes trade and commerce activities those results into economic growth and development. Thus, insurance plays a crucial role in sustainable growth of an economy.

5. Medical support:
A medical insurance considered essential in managing risk in health. Anyone can be a victim of critical illness unexpectedly. And rising medical expense is of great concern. Medical Insurance is one of the insurance policies that cater for different type of health risks. The insured gets a medical support in case of medical insurance policy.

6. Spreading of risk:
Insurance facilitates spreading of risk from the insured to the insurer. The basic principle of insurance is to spread risk among a large number of people. A large number of persons get insurance policies and pay premium to the insurer. Whenever a loss occurs, it is compensated out of funds of the insurer.




Mynd44

biacan:
Report ko......heport ni..... Why would he report her to the authorities when he enjoyed it when he was busy posting six packs on social media he didn't remember he thinks he can play a fast one on her but finally got trapped


Still can't believe a grown ass man will open his mouth and say he gets raped when he enjoyed it


Abeg comot make I see road


**THE QUEEN OF THE NEW SCHOOL**

Ladies shouldnt report rape since they enjoyed it too!

elyte89:
Not only Ethiopia...nobody colonized EGYPT FROM D BILBLICAL HISTORY, DEY EVEN COLONIZED D ISREAL

Egypt was colonized! There was a rift between Britain and France for the control of Egypt. Britain superior Navy ensured that Britain took control of Egypt.

The Vikings and the Romans laid the foundations for the English Empire!

uchman48:
this people wii start producing china standard vehicles now, and we all know that china product no dey last. Which kind wahala be this.

I use a geely, bought new in 2009! Still working and in pristine condition!

So no admission list is out?

Emvico34:
una sure say our ancestors hand clean.? Because all the news concerning this country is either stealing, killing, robbery or herdsmen or cowharam both home and abroad. Imaging the kind of leaders have. All this thing no be ordinary oo make una pray hard oo

bros how far Na? I don scatter laff for here!

you win the internet today!

Rex123:
I have a plot of land for sale at Badagry, 60 by 120. There is a building with a boy quarter.

Price 6 million, negotiable


Call 07013633184

Hy

Zenithpeak:
What would you take as collateral for #2,000,000?

Repayment plan?

Duration?

Intrest rate?

Send me a message!

wakaman:
Halliburton nko? Siemens nko?

Abeg they talk with sense! Which court of law has found him guilty? If that is the standard you want to use then Buhari is also a thief. The millions lost under him as a Federal Commissioner of Petroleum and Natural Resources
And in
March 1976 – June 1978
Governor of Borno State

Makes him a thief also

FluidQueen:
since we're asking dumb, redundant questions.


How tf is it even possible? To be feeling your opposite sex?

Stop being stupid! Most people feel it unnatural to have feelings for your gender. Cos we being liberal doesn't Mean many people still don't find this weird and abnormal.


Op do whatever makes you happy. You owe nobody your life but yourself

FluidQueen:
since we're asking dumb, redundant questions.


How tf is it even possible? To be feeling your opposite sex?

Stop being stupid! Most people feel it unnatural to have feelings for your gender. Cos we being liberal doesn't Mean many people still don't find this weird and abnormal.


Op do whatever makes you happy.

Rex123:
Contact me for your comprehensive and third party insurance for all your vehicles!

I have the best rates in the market, fast reliable and original

Protect yourself and your car!

Call or message 07013633184 for more information!

Call

Rex123:
Contact me for your comprehensive and third party insurance for all your vehicles!

I have the best rates in the market, fast reliable and original

Protect yourself and your car!

Call or message 07013633184 for more information

Call

Rex123:
I have a plot of land for sale at Badagry, 60 by 120. There is a building with a boy quarter.

Price 6 million, negotiable


Call 07013633184

Call