Veritas Kapital Assurance provides affordable retail insurance plans from ₦1,750
Dr. Adaobi Nwakuche, Managing Director/CEO of Veritas Kapital Assurance
For many Nigerians, insurance has long been perceived as something reserved for large companies or the wealthy. High costs, limited awareness and the misconception that insurance is complicated have kept millions of individuals and small business owners without financial protection.
Veritas Kapital Assurance Plc is seeking to change that narrative with a range of affordable retail insurance solutions starting from as low as ₦1,750, making it easier for more Nigerians to protect themselves, their families and their businesses against unexpected losses.
Designed to meet the everyday needs of individuals, households and entrepreneurs, the company’s retail insurance plans are available in Silver, Gold and Platinum categories, offering customers the flexibility to choose coverage that matches their needs and budget. The plans cover essential risks through Third-Party Motor Insurance, Householder Insurance, Fire Insurance, Personal Accident Insurance and Business Interruption Insurance.
According to the Managing Director/CEO of Veritas Kapital Assurance Plc, Dr. Adaobi Nwakuche, the initiative reflects the company’s commitment to making insurance simple, affordable and relevant to everyday life.
“Too many Nigerians still believe insurance is beyond their reach or only meant for large organisations. We are changing that perception by providing affordable insurance solutions that anyone can access. Whether you are a salary earner, a trader, a young professional or a small business owner, you deserve the peace of mind that comes with financial protection.”
She explained that while many people only think about insurance after suffering a loss, affordable insurance can help individuals and businesses recover more quickly from unforeseen events such as fire, accidents or business disruptions.
“For small businesses especially, even a temporary interruption can have serious financial consequences. Our Business Interruption Insurance is designed to help business owners stay resilient and recover faster when the unexpected happens,” she added.
Beyond affordability, Veritas Kapital Assurance has also simplified the purchase process by making its retail insurance products available through its digital channels, including WhatsApp, enabling customers to obtain insurance quickly and conveniently from wherever they are.
As Nigeria continues to push for greater financial inclusion, the company said initiatives such as these are aimed at closing the insurance gap by ensuring that quality protection is no longer seen as a luxury but as an essential financial tool that is within the reach of every Nigerian.
