Insurer Unveils Short-term for Businesses and Visitors
Ebere Nwoji Leadway Assurance, a member of Leadway group has unveiled a short-term insurance product to attend to the need of travellerduring the festive periods. The product targeted to diaspora Nigerians
Leadway Assurance, a member of the Leadway group, has introduced a short-term insurance product to cater to the needs of travelers, particularly diaspora Nigerians, during the festive season. The product was launched in Lagos recently, bringing together stakeholders from various sectors including travel, lifestyle, tourism, aviation, media, and financial services.
Leadway Executive Director Retail & Partnership, Kikelomo Fischer, emphasized the growing demand for flexible insurance solutions tailored to diaspora Nigerians, business travelers, tourists, students, and other short-term visitors, as well as businesses that serve them during their stay in Nigeria. The newly launched "Leadway Arrival Pack" was designed as a seasonal insurance solution for periods when travel, gatherings, and commercial activity naturally increase.
Fischer explained that the product is intended to provide visitors and participating businesses with greater confidence and peace of mind by offering protection against unexpected disruptions and risks that may arise during short-term stays in Nigeria. Traditional insurance plans are typically structured around longer-term coverage, leaving individuals with brief visits with limited options for protection.
Fischer pointed out that as international travel, diaspora homecomings, business visits, and tourism activity continue to surge, there is an increasing need for flexible, temporary insurance solutions that cater to the realities of short-term stays.
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