SMEs Proprietors To Seek Insurance Cover


Mr Jide Orimolade, Managing Director, Law Union and Rock, on Thursday advised Small and Medium Enterprises, SMEs, to obtain insurance cover for their businesses. Goedkoop Nike Air Max In an interview with the News Agency of Nigeria, NAN, on Thursday in Lagos, Orimolade said that Nigeria’s economy could sustain the growth of SMEs that have insurance cover. Air Jordan 11 Retro
He said: “Some SMEs folded up immediately they receive shocks; the shocks surfaced in form of fire incidents, floods, building collapse and burglary, among others. Canotta Orlando Magic This is because the owners of the businesses dodged taking up insurance policies during the registration of such businesses. NIKE AIR MAX 2018 Orimolade pleaded with SMEs without insurance cover to do so by buying policies related to the risks of their businesses. Nike Schoenen Goedkoop According to him, the policies will provide money to restore the businesses in case a mishap occurred. Tennessee Volunteers Jerseys He said that the industry had many insurance products that could mitigate risks faced by SMEs. Air Jordan 2 He noted among the products released to fortify SMEs include I-Salute, Doctor-on-Cover, Group Personal Accident and Sure Pay. According to him, the policies would provide some level of income security for SMEs in the event of unexpected loss. Portland Trail Blazers Orimolade said that Law Union and Rock had paid N625 million claims in the current financial year.