Did you know there are some great travel insurance companies in Nigeria that can get you covered if you ever lose your luggage while traveling? This article is here to share a list of the best travel insurance agencies in Nigeria that are official accredited, just in case you’re on the lookout for a trustworthy travel companies in Nigeria.

You’ve probably thought like, “Is there even travel insurance in Nigeria?” right? Well, many people in Nigeria have misconceptions about travel insurance and insurance in general. That’s why we’ve made a list of the best travel insurance companies in Nigeria that offer excellent travel insurance.

To pick the right one and not get tricked by fancy branding, you need to think about a few things, It’s good to know what benefits might come your way if you decide to go with any of them. So, let’s first highlight what these insurance agencies generally cover.

• Losing your stuff
• Flight delays
• Medical costs for sickness or accidents
• Emergency medical evacuation

Top Travel Insurance Companies in Nigeria

Check out the top 5 best travel insurance companies in Nigeria for 2024.

1. Allianz

   Allianz provides International Travel Insurance that fulfills the travel requirements of different embassies. Teaming up with Allianz Global Assistance, they offer travel insurance coverage that brings peace of mind when unforeseen events occur outside Nigeria. Here’s what they cover:

   • Emergency medical expenses & hospitalization abroad
   • Medical evacuation
   • Repatriation of mortal remains
   • Emergency dental care
   • Emergency medical expenses linked to a Covid-19 diagnosis during a trip
   • Legal assistance
   • Compensation for delayed or lost checked-in baggage
   • Compensation for a delayed trip, and much more
   • Accommodation costs related to Covid-19 quarantine are also covered.

2. Zenith Insurance

   Zenith Insurance provides two main plans which are the Schengen Travel Insurance Plan and the Zenith Worldwide Plans. The Schengen Travel Insurance Plan is specifically designed to meet the visa issuance and plan offers 24-hour emergency services throughout the Schengen states.

   Here are the benefits covered by this plan:

   • Hospitalization
   • Ambulance Transportation
   • Medical Evacuation
   • Statutory arrangements in case of death
   • Home transportation of the deceased

   There are two options for the Zenith Worldwide Travel Insurance plan, which are the Annual (Multi) or Single trip. The Annual Insurance Plan is a medical travel insurance that covers you globally, excluding your permanent residence, for up to one month per trip per year. It safeguards against any medical emergencies that may arise anywhere in the world.

3. Leadway Travel Insurance

   This company offers one of the most attractive travel insurance packages and their policy is designed to cover medical, financial, and other losses that may occur while traveling outside the country of residence for travelers on both holiday and business trips to Schengen countries and worldwide. Some benefits of this cover include:

   • Loss of baggage or property
   • Trip cancellation
   • Delayed departure or missed departure
   • Loss of personal money
   • Personal accident/liability
   • Medical assistance, covering expenses, emergencies, and repatriation
   • Affordable and comprehensive coverage

4. AIICO Insurance Plc

   AIICO Insurance Plc, established in 1963, is a leading insurance, pensions management, and asset management group in Nigeria. It’s one of the top insurance companies in Nigeria, and its main areas of focus include General insurance and special risks, Health insurance, Asset management, and Pension management.

   They provide travel insurance benefits such as:

   • Sudden illness during your trip
   • Repatriation of corpse to home country

5. Cornerstone Insurance

   The Cornerstone Insurance company policy offers coverage for individuals traveling in a licensed standard type aircraft after fully paying for their airfare. The protection includes compensation for bodily injury resulting from the following incidents:

   1. Death
   2. Medical expenses incurred for treating injuries from the accident
   3. Permanent disability
   4. Loss of luggage

Things to Consider When Buying Travel Insurance in Nigeria

Before deciding on the travel insurance companies in Nigeria to choose, take a moment to consider the following factors:

1. Check how many travel insurance cases the company has handled in the past.
2. Reviews the company’s success rate and read customer reviews to understanding what previous clients say about the company’s services.
3. Find out if the travel insurance company is associated with reputable travel agencies to know the reliability of the company.
4. Investigate the number of coverage options provided by the travel insurance company.
5. Check if the travel insurance company have reliable customer support, in other to make it easier for clients to reach out in case of any issues or emergencies.

Conclusion

In conclusion, having travel insurance is like having a safety net when you travel, whether it’s within Nigeria or to other countries. It helps protect you if unexpected things happen, like accidents or emergencies and the best travel insurance companies in Nigeria are the ones that cover a lot of things and are known for being reliable.

Frequently Asked Questions

Check out what other people are searching for about best travel insurance companies in Nigeria:

How Much Does Travel Insurance Cost in Nigeria?

The price of travel insurance companies in Nigeria can vary based on different factors like how long your trip is, where you’re going, your age, and the amount of coverage you want. Typically, travel insurance costs can range from 3% to 10% of the total trip cost on average.

What is The Best Travel Insurance Companies in Nigeria?

After carefully examining numerous companies, It appears that Allianz and Zenith Insurance stand out as the top travel insurance companies in Nigeria offering a range of protections and policy options. But keep it in mind that the best policy for you could differ based on your specific coverage requirements and travel plans.

Do Airlines Offer Travel Insurance in Nigeria?

Yes, some airlines in Nigeria offer travel insurance as an optional service that passengers can purchase when booking their flights. This travel insurance typically provides coverage for various situations, such as trip cancellations, delays, lost baggage, medical emergencies, and other unexpected events.

Can I Buy Travel Insurance After Departure?

Yes, it is possible to purchase travel insurance from any travel insurance companies in Nigeria after departure. However, keep in mind that post departure policies may be more expensive and may not offer the same things as those purchased before departure. It’s important to carefully review the policy to understand what is and isn’t covered.

If you have any questions regarding the above listed best travel insurance companies in Nigeria, please feel free to ask them in the comment section below and if you also found this guide useful, don’t hesitate to share it with others who might be interested in travelling out of Nigeria.