Good 4 Life
This cover is to provide funds for replacement or repairs (but not improvements) due to damage to property, assets and household contents as a result of fire, domestic gas explosion, generator catching fire, flood, earthquake burglary or storm.
Key Features of the Good 4 Life
- Policy duration: 1 Year
- Maximum Sum Insured: N1,000,000
- Payment Frequency: single payment
- The cover is for property and assets
- No incident no payment
This can be done for individual members in a group
Premium Payment: This has four categories
- ELITE: – N10,000
- DYNAMIC: – N5,000
- BASIC: – N2,500
- POPULAR: – N1,000
- Household contents like furniture, utensils, clothing etc. are covered.
- Sum insured can be classified into 4 categories.
ELITE – N1,000,000
DYNAMIC – N500,000
BASIC – N50,000
POPULAR – N100,000
- This protects policy holders’ property against insured perils.
- Payment to policy holders on property & asset loss.
- People living in an apartment with sum insured of not more than N1,000,000
- Non-Governmental Organizations
- Co-operative Societies
- Clubs, associations
- Members of staff of corporate organizations earning below N500,000
- Churches, Mosques
The new Anchor Insurance Company Limited sees her customers and clients as reason they are in business which makes customer satisfaction a priority in the company. The Anchor Insurance Company’s promise is “All stakeholders will surely enjoy a pleasant experience”.