Travelling is an interesting experience, but there are hazards involved as well. Things like cancelled flights, misplaced baggage, accidents, and medical crises are all things you should prepare for. This can be quite devastating, and a once enjoyable trip will become a headache. It’s quite hard to salvage a terrible event once it has already happened, but you can always prevent it.
This is where travel insurance comes into play; it acts as a safety net to shield you and your money if anything unplanned happens. Travel insurance grants you protection from various adverse events that can happen while on your trip, so it’s worth investing in for any trip you wish to go on.
Selecting the best insurance company might be stressful since there are so many of them available. To make things easier for you, I have made a list of the top 10 travel insurance companies in Nigeria.
1. Industrial and General Insurance Plc
Together with international partners, IGI offers various insurance policies. Their travel health insurance plan is among the most economical and feature-rich options available. One of the biggest international health insurers in the world underwrites the worldwide health insurance policy, which is enforced in 194 nations, including the United States.
Travellers heading abroad are fully covered by IGI’s Travel & Health Insurance policy, which includes the following:
- Evacuation
- Payment for Emergency Medical Bills
- Repatriation
- Emergency Assistance Services
- Return Assistance
How to get a quote from IGI
- Visit the official website at iginigeria.com
- Scroll down and select travel insurance
- Go through the product description and benefits
- Select “Buy Insurance”
- Select “Apply Now” in the new page you’ll be redirected to
- Follow the prompts to complete your purchase
2. AIICO Insurance
The company offers various travel insurance options, which include the following:
- Delay in departure: If your flight is delayed, you will be reimbursed for any unforeseen costs.
- Baggage loss: If your checked-in luggage is taken.
- Expenses associated with trip cancellation: Should you need to book fresh travel because a close relative has passed away or something relatively devastating has happened and you can no longer travel?
- Compensation for damages incurred after a hijacking of a public transportation system.
- Expenses for medical care and hospitalization: Should you need medical care and hospitalization.
- Emergency medical evacuation: In the event of an accident, are you going to need airlifting?
- Returning dead bodies home: returning a dead person’s corpse home after a death.
How to get a quote from AIICO
- Visit aiicoplc.com/home/travel-insurance-plan
- Go throught the product description and benefits
- Select “Buy Plan”
- Follow the prompts to complete purchase
3. Leadway Assurance Company
Another excellent insurance company in Nigeria is Leadway Assurance, whose travel insurance plans are some of the most extensive available. They rank among the nation’s best travel insurance providers as a result.
Leadway provides coverage for a range of situations, such as medical costs, cancelled or delayed flights, lost luggage, legal issues and even participation in adventure sports. Their travel insurance is all-inclusive and covers both business and personal travel. It also provides cover for the elderly up to the age of 85.
Additionally, they have affiliations with respectable foreign aid organizations, so you may get first-rate medical attention and help while visiting other countries.
How to get a quote from Leadway
- Visit leadway.com
- Tap on the three lines on the top right-hand corner of the page
- Under Personal Insurance select General Insurance
- A list of general products will be shown to you. Select Travel Insurance.
- Read through the product description and benefits
- Select “Buy Now”
- Follow the prompts to purchase the product
4. AXA Mansard
A leading insurance provider in Nigeria, AXA Mansard provides a variety of travel insurance plans to fit different demands and price ranges.
Their policies include coverage for medical situations, delayed or lost luggage, personal responsibility, and flight cancellations and disruptions. Their offerings are what make AXA Mansard one of the greatest travel insurance providers in the nation.
They guarantee that you may get support and assistance whenever you need it, wherever you are in the globe, with their round-the-clock emergency assistance hotline.
They have a variety of available covers including:
- General (Business/Tourism) Protection
- Student protection
- Pilgrimage Protection
How to get a quote from AXA Mansard
- Visit axamansard.com
- Tap on the three lines on the top right-hand side of the page.
- Select Insurance
- Select Travel Insurance
- Select the type of travel insurance you want
- Go through the product description and benefits
- Fill a form at the bottom of the page and select “Get Instant Quote”
- Follow the prompts to complete your purchase
5. Sovereign Trust Insurance
Plans from Sovereign Trust Insurance are renowned for being reasonably priced and adaptable. They provide solutions to fit your requirements and budget, whether you’re going on a quick business trip or a lengthy vacation.
Numerous risks are covered by this insurance, including medical costs, travel cancellations, delayed or missing luggage, and even natural calamities.
Their insurance policies cover several areas, including:
- Damage or loss of personal belonging: You can be compensated for up to a total of N100,000 if you damage or lose your luggage or any of your personal belongings.
- Damage or loss to personal money: You can be compensated for up to a total of N100,000 when you lose your money while travelling or while on temporary accommodation.
- Cancelling a journey: You can get back up to N200,000 when you cancel your journey as a result of serious bodily injury occurring less than 24 hours before the flight, airline cancellation of flight, or natural disasters.
- Medical or emergency treatment: You can receive up to a sum of N100,000 to cover the cost of medical treatment if it should come up.
- Curtailment: You may get back up to N100,000 if your journey is cut short either due to serious bodily injury, death or serious bodily damage to a travel companion or immediate family, or a natural disaster.
- Personal accident: In the case where you suffer injury due to an external accident while on the trip, the youcan receive up to N100,000 where death or permanent loss of sight or limb occurs. In the case where you suffer serious injury causing permanent disability preventing you from taking up any paid work for the next two years, you are eligible to receive up to N250,000.
- Personal liability: You are eligible to receive up to N200,000 to cover the cost of any legal liability occurring while on the trip.
- Delayed or missed departure: If your flight is delayed for more than 12 hours, you are eligible to receive up to N25,000 if the airline you use does not compensate you. If you arrive at the departure point too late and miss your flight you will be compensated up to N20,000.
- Delayed personal belonging: If you have not received your belongings for more than 12 hours, you will be compensated with up to N10,000.
- Loss of passport: In the event the you lose your passport in the course of the journey, a sum of up to N10,000 will be given to you to cover the cost of extra expenses while waiting for a new passport. To be eligible you must report the missing passport to the police or Nigerian embassy in the country of visit.
Numerous more services, such as emergency support, are also provided by Sovereign Trust Insurance.
How to get a quote from Sovereign Trust
- Visit stiplc.com
- Tap on the three lines at the top right-hand corner of the page
- Under Products select Easy Travel Insurance Cover
- Read through the product description and benefits of the product
- Select “Get Quote” at the top of the page
- Follow the prompts to complete your purchase
6. Custodian and Allied Insurance Limited
Reputable insurer Custodian and Allied Insurance provides all-inclusive travel insurance options. Medical crises, travel disruptions, cancellations, and even natural calamities are all covered by their plans.
Additionally, you can buy and maintain your travel insurance coverage with ease using the user-friendly online platform offered by Custodian and Allied Insurance.
How to get a quote from Custodian and Allied
- Visit custodianplc.com.ng
- Under General Insurance select Travel Insurance
- Read through the product description and benefits
- Select “Get a Quote”
- Follow the prompts to complete purchase
7. Cornerstone Insurance Company
Travel insurance coverage from Cornerstone Insurance, a reputable insurance company in Nigeria, is designed to satisfy the requirements of both business and pleasure visitors.
Medical crises, travel delays or cancellations, adventure sports, and other contingencies are all covered by their insurance. They cover both local and international travel.
The local travel insurance covers travellers within Nigeria either by air or road. This policy commences from the time the travellers boards the plane or transport vehicle till when the passenger disembarks at his or her destination.
For international travel, there are several plans including the World Wide Plan, Pilgrimage Plans, Student Plan, and Europe/Schengen.
To guarantee that you have access to support and assistance whenever you need it, Cornerstone Insurance also provides 24/7 emergency assistance.
How to get a quote from Cornerstone
- Visit cornerstone.com.ng
- Tap on the three lines at the top right-hand corner of the page
- Under Products select General Business
- Select Travel Insurance
- Read through the product description and benefits
- There are two types of Travel Insurance; local and international. Select “Quote” under the one you’re interested in buying.
- Follow the prompts to buy the product
8. NSIA Assurance Company
Within the nation’s insurance market, Nigeria Sovereign Investment Authority (NSIA) Insurance is a notable brand.
This insurance provider provides all-inclusive travel insurance options.
Numerous risks are covered by this insurance, including medical costs, travel cancellations, delayed or missing luggage, and even natural calamities.
The dedication of NSIA Insurance to providing outstanding customer service and making sure you have a flexible experience is what makes them stand out.
How to get a quote from NSIA
- Visit nsiainsurance.com
- Tap on the three lines at the top right-hand corner
- Under Products, select Travel Insurance
- Read the product description and benefits
- Select “Get a Quote” at the beginning of the page
- Follow the prompts to purchase the product
9. Mutual Benefits Assurance Plc
Through investments, partnerships, and strategic alliances, Mutual Benefits Assurance Plc (MUTUAL) has developed into a conglomerate of value-adding businesses with a range of interests in many sectors of the Nigerian economy. Presently, MUTUAL stands as a prominent name in the Nigerian insurance sector, employing more than 3,000 employees and marketing professionals.
MUTUAL provides various types of insurance including travel health insurance. Travel health insurance provides peace of mind by covering accidental death, medical expenditure reimbursement, access to emergency medical treatment anywhere in the globe, and repatriation costs for those travelling abroad.
How to get a quote from Mutual Benefits
- Visit mutualng.com
- Tap the three lines at the top left-hand corner of the page
- Under Products, select Travel Health Insurance
- Read through the product description and benefits
- Select “Buy Now”
- Follow the prompts to purchase the product
10. Allianz Nigeria
In partnership with Allianz Global Assistance, Allianz provides travel insurance cover for various unexpected events outside your country of residence. Regardless of your reason for travelling overseas – business, leisure or pilgrimage, Allianz insurance has some great policies.
The International Travel Insurance that Allianz offers meets the travel requirements of various embassies including Schengen member states. They provide cover for emergency medical costs and other travel related risks. Their customer service is topnotch providing 24 hours travel assistance worldwide.
The various travel plans Allianz offers include:
- Schengen
- Worldwide
- Hajj & Umrah
How to get a quote from Allianz
- Visit allianz.ng
- Tap on the three lines at the top right-hand corner of the page
- Under Personal, select Travel
- Read through the product description and benefits
- Select “Buy Now”
- Follow the prompts to purchase the product
Conclusion
To guarantee that you have the protection you want when travelling, it’s important to choose the appropriate travel insurance provider. You can be certain that you’ll have the security and peace of mind you need to enjoy your trips to the fullest if you just choose one of the top 10 best travel insurance providers in Nigeria.
| Insurance Company | Website | Notable Features |
|---|---|---|
| Industrial and General Insurance Plc | iginigeria.com | Affordable and comprehensive travel health insurance plan, worldwide coverage in 194 countries |
| AIICO Insurance | aiicoplc.com | Coverage for flight delays, baggage loss, trip cancellation, hijacking, medical expenses, emergency evacuation, and repatriation |
| Leadway Assurance Company | leadway.com | Extensive coverage for medical costs, flight cancellations/delays, lost luggage, legal issues, and adventure sports; coverage for seniors up to 85 years old |
| AXA Mansard | axamansard.com | Various plans for general, student, and pilgrimage protection; 24/7 emergency assistance |
| Sovereign Trust Insurance | stiplc.com | Affordable and flexible plans; coverage for personal belongings, money, trip cancellation, medical treatment, curtailment, personal accident, liability, delayed/missed departure, and lost passport |
| Custodian and Allied Insurance Limited | custodianplc.com.ng | Comprehensive coverage for medical emergencies, travel disruptions, cancellations, and natural disasters; user-friendly online platform |
| Cornerstone Insurance Company | cornerstone.com.ng | Coverage for both local and international travel, including medical emergencies, travel delays/cancellations, and adventure sports; 24/7 emergency assistance |
| NSIA Assurance Company | nsiainsurance.com | Comprehensive coverage for medical costs, travel cancellations, delayed/lost luggage, and natural disasters; outstanding customer service |
| Mutual Benefits Assurance Plc | mutualng.com | Travel health insurance covering accidental death, medical expenses, emergency treatment worldwide, and repatriation costs |
| Allianz Nigeria | allianz.ng | International travel insurance meeting requirements of Schengen member states; coverage for emergency medical costs and travel risks; 24/7 worldwide assistance |
