Amid continuous looting and attacks on properties and loss of lives occasioned by the #EndSARS protests across Nigeria, insurance practitioners are bracing up for possible overwhelming compensation for insured individuals and entities that suffered losses during protests. Whether government or private, insurance estimated claims are expected to run into hundreds of billions of naira. xxThe Chairman, Nigeria insurers Association (NIA), Ganiyu Musa, who also spoke on the development, said all valid claims arising from the #EndSARS vandalism and looting would be duly settled according to the terms of the policies obtained. He said: “Policyholders with valid claims have nothing to fear. If you are in doubt of how to start processing your claims, you can get in touch with your insurance company or brokers.
Source: The Guardian October 28, 2020 04:30 UTC