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AIICO Insurance

4.6/5 · Editorial score
Best Value
From₦12,500per month
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Coverage₦5,000,000
Claim Speed48 hours
TypeComprehensive
Excess₦25,000
Editorial score4.6/5.0

Pricing breakdown

Base premium₦12,500
Admin fee₦1,500
VAT (7.5%)₦900
Stamp duty₦200
Total (first month)₦12,500

Pros & Cons

What we like

  • Competitive pricing
  • Fast claims processing
  • Excellent customer support
  • Nationwide coverage
  • Digital policy documents

Watch out for

  • No 24/7 phone support
  • Limited customisation options
  • Processing fee on claims

Frequently asked questions

From₦12,500per month
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