Lasaco Assurance has highlighted the importance of acquiring compulsory insurance as the enforcement of compulsory insurance laws gets underway nationwide.
This was disclosed in a statement made available to The PUNCH on Monday, where the Managing Director, Mr Razaq Abiodun, emphasised that insurance is not just a regulatory requirement but also a crucial tool for safeguarding individuals, families, and businesses.
The National Insurance Commission and the Nigeria Police Force have recently set up a joint committee aimed at strengthening the enforcement of compulsory insurance laws. Also, the police have commenced the enforcement of third-party motor insurance nationwide since Feb 1.
According to the statement, Lasaco Assurance said it is poised to play a key role in ensuring that more Nigerians benefit from the peace of mind and financial security that comes with proper insurance coverage.
Abiodun said, “At Lasaco Assurance, we recognise the importance of reliable insurance coverage, and we are committed to making this protection both affordable and easily accessible to all. We will continue to innovate and provide insurance products that are tailored to meet the evolving needs of our diverse customer base.”
He further highlighted the company’s focus on motor vehicle insurance, noting, “Our motor vehicle insurance offers robust coverage that protects against both accidental damage and third-party liability in any unfortunate event. We are not just an insurance provider; we are a trusted partner in your journey towards financial protection and peace of mind. Our goal is to make insurance more accessible, affordable, and reliable so that Nigerians, whether individuals or businesses, can enjoy the security they deserve.”
Abiodun also acknowledged the essential role trust and customer satisfaction play in the insurance industry. He reaffirmed that Lasaco Assurance takes pride in its reputation for providing exceptional customer service and delivering a smooth claims process.
Lasaco Assurance Plc is one of the insurance companies in Nigeria, offering a wide range of insurance solutions for individuals and businesses.
