SUNU Assurances has paid N1.14 billion claims from January to September 2022.
The managing director of the company, Mr Samuel Ogbodu, said this when the company paid out claims to a customer who insured his vehicle.
A banker, Mr Okoro, had insured his vehicle, a RANGE ROVER 2018 model that was worth about N70 million for about N2 million. He bought a comprehensive insurance cover. His vehicle had an accident and he was indemnified.
The MD encouraged more Nigerians to take advantage of insurance in their day-to-day activities, noting that insurance is very good.
He said they have paid a total of N1.14 billion claims to the insured as at September 2022 and will pay more before the end of the year.
He further advised Nigerians not to wait to have a bad experience before keying into insurance.
He called on individuals, corporate entities, state and federal government agencies to insure their lives and assets against the New Year.
Ogbodu who said SUNU Assurances brand remains one of the best in the insurance industry noted that they are in business to pay claims to policyholders when they suffer loss.
He said: “Insurance is a way to manage your risk. When you buy insurance, you purchase protection against unexpected financial losses. The insurance company pays you or someone you choose if something bad happens to you.
“If you have no insurance and an accident happens, you may be responsible for all related costs.”
The Head of Claims in the Technical Group, Mr Bamidele Akande, confirmed that the negligent truck was not insured as at the time of the accident.
This notwithstanding, he said they would have to first settle their client so that he does not feel pain or stress.
