For millions of Nigerians and small business owners, financial protection through insurance has long seemed like an expensive luxury reserved for corporations and the wealthy. High costs, limited public awareness, and perceived complexity have historically kept coverage out of reach.
Veritas Kapital Assurance Plc is actively challenging this status quo with a suite of accessible retail insurance solutions starting at just ₦1,750.
The initiative aims to make risk protection straightforward and affordable for individuals, families, and micro-enterprises nationwide.
Tailored for everyday needs, the plans are structured across Silver, Gold, and Platinum tiers, giving policyholders the flexibility to choose coverage suited to their budget. Key policy options include:
Third-Party Motor Insurance
Householder & Fire Insurance
Personal Accident Insurance
Business Interruption Insurance
Speaking on the launch, Dr. Adaobi Nwakuche, Managing Director and CEO of Veritas Kapital Assurance Plc, emphasized the company’s mission to democratize financial security.
“Too many Nigerians still believe insurance is beyond their reach or intended solely for large organizations. We are changing that narrative,” said Dr. Nwakuche. “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 noted that while many only consider coverage after experiencing a crisis, proactive insurance helps individuals and businesses bounce back faster from fires, accidents, or operational halts.
“For small businesses, even a minor interruption can lead to severe financial setbacks. Our Business Interruption Insurance is specifically designed to build resilience and speed up recovery when unforeseen events occur,” she added.
To ensure seamless access, Veritas Kapital Assurance has simplified the purchasing journey by integrating digital sales channels—including a dedicated WhatsApp purchasing platform—allowing customers to secure coverage instantly from anywhere.
As Nigeria continues its push for greater financial inclusion, Veritas Kapital Assurance remains committed to closing the coverage gap, turning insurance from an perceived luxury into an everyday financial essential.
