Insurance companies with the best insurance policies in Nigeria
Insurance companies with the best insurance policies in Nigeria
Insurance companies with the best insurance policies in Nigeria

In many situations, life throws unanticipated situations at us. While it is true that we can’t control what life flings at us, we can shield ourselves from unprecedented situations by preparing ourselves for unseen contingencies. A good insurance policy gives us some form of protection, at least financially, should we find ourselves in any sort of situation.

According to Mr Nuhu Galadima, a senior Insurance officer at Fin Insurance Co. Ltd Abuja, he said when discussions about insurance arise most times among Nigerians, they all refer to motor Insurance, perhaps, due to the fact that it is the most popular and oldest type of insurance in the country.

Most do not understand that insurance provides safety and security, provides peace of mind,provides safety and security, helps to manage cash flow risk, facilitate loans to individuals and organisations. It also helps to manage health risks.

Apart from the fact the a good insurance company should be able to manage a good customer relationship, good reputation, financial stability, legally accredited and a good coverage.

Where to get the best insurance polices  in Nigeria ?

Here are the list of reliable insurance companies in Nigeria.

1. AIICO Insurance

Address: church gate street Victoria Island, Lagos.

Phone number: 01279293.

Official website :

Apart from it’s easy to navigate website, and ever friendly customer relationship, Aiico Insurance still ranks top as one of the best insurance companies in Nigeria. Aiico insurance provides a variety of insurance services which includes

AIICO insurance Policies

  • Corporate saving plan
  • Income investment saving plan
  • Education investment plan
  • Three payment plan
  • Travel insurance plan
  • Flexible endowment plan
  • Terms assurance plan


Address : 121/123 Funsho Williams avenue Iponri street, Lagos.

Phone number: 01- 2700700.

Official website :

LEADWAY Assurance company is known for its strong financial and integrated financial service. Founded in 1971 by the popular business mogul Dr Hassan Olusola Odukale. When talking about insurance management in Nigeria, Leadway insurance can be regarded as the best in the Country.

picture your future by getting an Insurance
picture your future by getting an Insurance

LEAD WAY assurance policies

  • Life and health insurance plan
  • Annuities and Pensions
  • Marine insurance
  • Agric insurance
  • Motor insurance
  • Property insurance
  • Accident insurance


Address : 16A,commercial Avenue, Sabo yaba Lagos.

Phone number: 012774000.

Official website:

Insurance is a totally owned Nigerian company,(formerly Crusader Life Insurance limited). The insurance company provides both life and general insurance.

CUSTODIAN AND ALLIED insurance policies

  • Home shield insurance
  • Travel insurance
  • Auto insurance
  • Tuition protection plan
  • Immediate annuity plan
  • Investment plus plan

4. CORNERSTONE insurance plc

Address : Water corporation Drive, off Ligali Ayorinde Street, Victoria Island, Lagos.

Phone number : 08106000800


Cornerstone Insurance Plc was established to conduct Insurance business in a professional, ethical and customer-focused manner and has remained committed to these values over the years. The company has won a series of awards which includes 2017 best use of technology service, 2016 winner innovative insurance company.

Cornerstone Insurance Policies

  • Travel insurance plan
  • School fee guarantee plan
  • Investment plan
  • Motor insurance plan
  • Halal takaful plan
  • Home insurance plan
  • Life insurance plan
  • Goods transit plan
  • Gadget protection plan
  • Marine insurance plan
  • Annuity plan
  • Travel insurance plan

5. AXA Mansard insurance company

Address : 928A Aboyade cole street, Victoria Island Lagos.

Phone number : 08150490199.


AXA Mansard is a member of the AXA Group. It has been regarded as a worldwide leader in insurance. Axa Mansard has a very strong insurance in Nigeria. It has been tested and trusted by many of their clients.


  • Student protection plan
  • Money market plan
  • Life savings plan
  • Auto classic plan
  • Student protection plan
  • Health plan
  • Instant plan
  • General protection plan
  • Equity income plan
  • Autoflex plan

African Alliance Insurance Plc

Address: 54, Awolowo road Ikoyi, Lagos.

Phone number: +2348066309476.

Website :

Formally incorporated may 6,1960, African Alliance Insurance Plc is one of the most experienced and strongest specialist Life insurance companies in Nigeria. Serving thousands of customers with personalised insurance products tailored for each stage of their lives.

African alliance insurance policies

  • Esusu plan
  • Investment assurance plan
  • Individual assurance plan
  • Group life assurance plan
  • Annuity assurance plan

7. GOLDLINK Insurance plc

Goldlink Insurance Plc

Address: Goldlink  Plaza, 6, Emmanuel street, Maryland Lagos.

Phone: 070046535465.

Official Website : http:/

Goldlink Insurance plaza was incorporated with an authorised share capital of N10 million with fully paid-up capital of N10 Billion to create a profitable, socially responsive and responsible business enterprise resolutely committed to being amongst the top echelon of Nigerian Insurance companies in Nigeria.

Goldlink Insurance policies

  • Compulsory insurance plan
  • General accident plan
  • Group life insurance plan
  • Liability policies plan
  • Individual life insurance plan
  • Reinsurance plan
  • School safety plan
  • Oil and gas plan
  • Marine and aviation plan


Address : St. Nicholas House,8th floor, Catholic Mission Street Lagos, Nigeria.

Tel : +234 1 4622779, 8732624.

Website :

Continental Reinsurance has been a world-class pan-African service re-insurer. The company was incorporated in 1985. The company has been the torch bearer of the African reinsurance sector for the past 30 years, operating in 50 African countries, and has been listed on the Nigeria stock exchange since 2007.

develop your peace of mind with a retirement roadmap
develop your peace of mind with a retirement roadmap

Continental policies

  • Home insurance plan
  • Business insurance plan
  • Auto insurance plan
  • Insurance plan
  • Pet insurance plan

9. Industrial and general insurance Plc

Address : IGI House, No 2, Agoro Odiyan Street,off Adeola Odeku Street, Victoria Island, Lagos, Nigeria.

Tel: (01)2918853.

Website :

Industrial and general insurance Plc (IGI) commenced business in 1992 as a composite insurer to transact business of life and General insurance, including pensions and special risks.backed by a strong capital base, and first-class professionals and deployment of modern technology, the company quickly established a reputation for exceptional competence and became the preferred insurer for individual and corporate clients seeking premium insurance and related financial services.

IGI Industrial And Individual life Policies

  • Health insurance plan
  • General business plan
  • Marine insurance plan
  • Oil and energy insurance plan
  • Engineering insurance plan
  • Aviation insurance plan
  • Group life product plan10.

10. Lasaco Assurance Plc

Address: Plot 16, Acme road Ogba, Ikeja, Lagos,Nigeria.


Website :

Lasaco assurance Plc is a composite insurance and financial services company incorporated on 20th of December 1979 under the companies Decree of 1968. The company’s businesses are conducted through a network of thirteen regional and branch offices spread across Nigeria, administered by qualified and dedicated personnel. Following our successful recapitalisation in 2007, the Company’s total assets increased to N9,897,073,000 with a combined authorised Group Share Capital in excess of N 6.5 and a paid-up share capital of N3.6 million.

Lasaco insurance policies

  • Bond insurance plan
  • Money insurance
  • Fire and special insurance plan
  • Personal accident plan
  • Householder’s Insurance plan
  • Motor insurance plan
  • Aviation insurance plan
  • Marine insurance plan
  • Professional indemnity plan

11. Oasis Insurance Plc

Address: Plot 59OB, Lekan Asunni Close, Omole phase II, Ikeja, Lagos, Nigeria.

Tel: 070077674243.


Oasis insurance Plc is an insurance company that underwrites all classes of life and non-life insurance businesses with an authorised capital of N3.2Billion and paid up share capital of N545Million.

never too old to think about insurance
never too old to think about insurance

Oasis insurance policies

  • Business insurance plan
  • Home insurance plan
  • Pet insurance plan
  • Auto insurance plan

12. Royal Exchange Assurance Nigeria

Address: 34-36 Oshodi Apapa expressway, Oshodi Lagos.

Tel : 07080606100.


Royal exchange insurance is aimed at responsibly and efficiently mobilising and utilising human financial and technological capital to exceed stakeholders expectations. The established and licensed to provide a wide range of professional services in the areas of finance advisory.

Royal Exchange Assurance (Nigeria) policies

  • Auto insurance plan
  • Pet insurance plan
  • Business insurance plan
  • Health insurance plan
  • Business insurance

By Haba Naija Contributor

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