It is the contributory amount you pay, when making a claim. It is a proportion of the claim, which you would bear. Any amount above this is borne by us.
You can buy insurance by visiting our website, www.equityassuranceplc.com and complete our online application
You can stop by at any of our branches nationwide
Come in to Equity Place, our head office:
Plot 1196 Bishop Oluwole,
Victoria Island, Lagos.
Your premium is the amount of money we charge you for active coverage. The sum you pay in premiums, also referred to as the rate, is determined by several factors, such as your age, health, and the area you live in. You pay these rates annually or in smaller payments over the course of the year, and the amount can change over time. When your insurance premiums are not paid, the policy is typically considered void and we will not honor claims against it.
Premiums cover whatever is detailed in the insurance policy, and the services provided or paid for depend entirely on the specific policy and type of protection.