Vehicle owners get to spend a whole lot. They say that having a motor vehicle is like having a second wife. They were not joking. I tell you from experience. Those things called cars? They will humble you. Lol. I tell you! Owning a car in this country is not for the faint-hearted.
Meanwhile, there are some things all vehicle owners can relate with. One of those things is, how can I give a mechanic my vehicle to change the brake pad and the next thing I am hearing is that I need to buy half engine and change my windscreen? LIke, how? You too, help me reason this matter now. What mechanics cannot do does not exist indeed! Those guys!
On the other hand, sometimes it is how I can take my fully functional car for servicing by myself, get it back and suddenly, I need to buy a new radiator, or possibly change the engine seat. And now my car is leaking oil and I can smell petrol when I drive. Automobiles and their mechanics, I bow!
For instance, sometimes it’s how they will tell you some things they removed from your car is not needed in it. Like, the manufacturers of the car, you know more than them right? They didn’t know what they were doing when they were making it right? Oga mecho, how many cars have you produced sir?
The expenses of mechanics and vehicle artisans can be an unavoidable pain in uncomfortable places. However, motor accident expenses are avoidable when you get a third party motor vehicle cover on VTpass. That way you do not have to directly bear the cost accruing to accidents to your vehicle. Here’s How!
You’re not wishing for it, neither am I. But you can avoid the avoidable by simply purchasing/renewing your third party auto insurance on www.vtpass.com today .
The question is, why buy third-party motor insurance online in Nigeria? I mean, why not just go to a physical broker or insurance company and get the business done? Here, we give you three solid reasons why buying third-party motor insurance online is the better option:
Fast certificate delivery: Buying through a physical location, you would have to wait for days before the insurance papers are out. Buying online, however, your insurance papers are ready immediately after payment! No time for stress.
Less paper-work: The last time a friend of ours bought thrid party motor insurance through a broker, we filled and filled and filled proposal forms. Abeg! Buying online, proposal forms questions are significantly shorter yet underwriting quality remains the same. Less paper-work = lesser stress.
Faster renewal process: For some motorists, the biggest challenge of buying motor insurance is the renewal process. That awkward feeling of visiting your broker’s office multiple times during renewal. Buying online, you can simply automate your renewal process so that your wallet is automatically billed the next premium upon renewal.
You get to enjoy these and more right from the comfort of your home and office. All you need to buy third-party motor insurance online in Nigeria is your mobile phone or laptop, internet connection, your funds and a reliable online bill payment platform like VTpass.
How to Buy Third Part Motor Insurance from VTpass
To buy third party motor insurance from the comfort of your home or office, simply:
Fill in the required information: insurance type, insured name, engine number, chassis number, phone number, etc.
Click on Continue to move to the payment confirmation page
Select a payment method i.e pay with card, wallet, or bank transfer
Enter your payment details and confirm payment
Your third-party motor insurance certificate would be delivered to you immediately after payment. The main policy document would follow only a few days later. Fast and easy.
Driving is a risk on its own, getting a motor cover shouldn’t be risky. Buy yours from VTpass as our quality third-party motor insurance is provided for you by Universal Insurance, one of Nigeria’s most credible insurers.
Drive with complete peace of mind when you buy third-party motor insurance from VTpass!
What comes to your mind when the word “Insurance” is mentioned? Do you cringe or smile? There are sets of perceptions in most people’s minds about Insurance, but are these perceptions myths or facts?
There is no denying that insurance can be incredibly complicated, both in theory and practice. So it’s little wonder that sometimes rumors, myths, and untruths can be held as fact and disseminated as such.
In this article, we want to smoothen out some of the twigs from the drink. Here are 5 common myths about Insurance and the facts that prove them wrong:
Myth 1: Insurance is expensive
Let’s start from where it concerns our pockets shall we? The popular misconception that only the rich can afford insurance is as funny as it sounds.
Let’s face it, that idea is so old and gone. With stiff competition in today’s insurance market, premiums for covers gotten more affordable. For some covers like motor insurance in Nigeria, prices can be as low as N2,500 a year!
The most remarkable of insurance cost is that of health insurance in Nigeria. A 2017 report puts the average cost health insurance plan at N35,000 for individuals and N125,000 for families. While this is affordable considering the cost of medical treatment in the country, you could get top-notch health covers (with private treatments) for even less at VTpass.
Now, imagine having all-round health insurance for only N15,000/year (N2000/month) for individuals and N60,000/year (N5,500/month) for families?
How affordable can that get?
Myth 2: Insurance companies are fraudsters
I was in a conversation with a friend one Saturday evening when an Insurance salesman walked by. His pitch was about how fast an insured would be compensated after a loss. You should have seen how my friend chased him away.
He did this because of the terrible experience he had with an insurer who refused to compensate him after a loss occurred against his burglary cover.
The mistrusts in insurance companies is perfectly understandable. Agreed, there are fake insurers out there who aren’t really in business to serve but to steal.
However, not all insurers are fraudsters. We have reputable, world-class insurers in Nigeria. In 2019, total claims paid out by insurance companies in Nigeria amounted to N98.9 billion; a 16.5% increase from N84.9 billion paid out in 2017. If all insurance companies are fraudsters, banks and top businesses would not commit hundred of millions annually to insurers to cover potential risks.
The solution is simply to buy insurance from reliable and trusted sources only. Companies that are backed but by NAICOM and duly regulated.
Digital technology is the future no one can escape from. Today with reliable online platforms like VTpass, your cell phone, and internet connection; while sitting in your home or office, you can get any insurance you want!
At VTpass, we deliver your policy to you digitally and physically after purchase. When it comes to claims, you can trigger settlement by clicking the claim button on our website. It’s that easy.
Africa and transforming digitally, taking all industries in its whirlwind. A few years from now, there wouldn’t be need for person-to-person interaction before quality insurance is sold.
Myths 4: Buying Insurance takes a long and tedious process
If you’ve tried buying insurance in the ’90s you would be amazed by the paperwork that goes with it. Then there are the long questionings by medical examiners or risk assessors, etc.
All that is old news now.
Insurance companies have modified proposal forms and other documents to collect only the barest, necessary information (no one is going to ask if your mum had green eyeballs or not). Add that improvement to today’s digital technology and we have an insurance system that delivers covers in minutes!
Today, you can get a motor cover in less than 10 minutes when you buy at VTpass. No stress. We have eliminated the need for tedious processes with our innovative payment solution.
It’s no wonder why Nigerians rely on VTpass to get quality insurance covers day in-day out. Our secret is simply partnering with Nigeria’s top insurance companies with proven track records of prudence and claim settlement.