Compulsory Insurance in Nigeria: What Insurance Must You Buy?

Embracing the culture of insurance in Nigeria is far from being a reality as most people feel that insurance policies are not necessary.

An average Nigerian will happily buy a car and immediately start driving it around without the perceived burden of insurance expenses. But for the law, there will be no need to get any policy and he would gladly fix any damages due to accidents without waiting for claims. Personal injury attorneys together with car accident lawyers either charge their clients hourly billing rates, or they have contingency fees. Each of the systems has their advantages and disadvantages. As you go through the procedure of selecting your car accident attorney,, you need to consider the system that will be the best for you, check out the post right here to get most importance of chicago car accident attorney.

Types of Charges

Contingency Fees: These are paid if the lawyer receives money for you from the person who is responsible for your auto accident, or from their insurance company. If the attorney cannot settle or win the case, no fees are paid. If you get the money, you will have to reimburse your attorney for the costs that are incurred in your case (for instance, expert witness testimony). Usually, lawyers who work on a contingency basis will relinquish the charges if they cannot win or settle the case successfully.

Contingency fees are a part of the judgment or settlement. Some lawyers take a certain percentage of the award which is given before the expenses are deducted. Others take a part of the net award once the charges are deducted. The percentage varies depending on the place of your residence. You can negotiate with your lawyer to agree to a reduced percentage, but all negotiations should be completed before you choose to hire the attorney.

The law has, however, developed compulsory insurance in Nigeria.

With compulsory insurance in Nigeria, what insurance must you buy?

The compulsory insurance acts have mandated certain insurance policies to the general public and these are the only type of insurance that is compulsory for you to buy. The objective of these insurance policies is to provide protection to third parties as well as the general public.

Compulsory insurance policies include the following:

Motor 3rd Party Liability Insurance – under the Insurance Act 2003 Section 68

The Boise Personal Injury Attorneys car accident lawyers at Litster citing the law: “No person shall use or cause or permit any other person to use a motor vehicle on a road unless a liability which he may thereby incur in respect of damage to the property of third parties is insured with an insurer”. This insurance policy was made compulsory for owners and drivers of vehicles, motorcycles and other special type vehicles (both private and commercial). It is the required minimum policy by law and covers against liabilities such as death, damage to property or bodily injury of a third party arising due to the use of the insured vehicle. A restraining order is issued to someone by a court. It orders that person to refrain entirely from contact with another particular person or persons. If you’re named during a restraining order, seek legal help directly , and get in touch with Lemoyne violence defense lawyer R. Davis Younts. Exactly what are restraining orders? How do they add Pennsylvania? If you’re the topic of a restraining order, how can a lawyer help you? If you’ll keep reading, those questions are close to be answered. A Pennsylvania restraining order are often temporary or permanent. Alleged victims of domestic abuse in Pennsylvania may seek a short lived Protection from Abuse (PFA) Order – a short lived restraining order – to stay an alleged abuser away. If you’ve got been served with any restraining order in Pennsylvania, promptly seek the counsel of an attorney to guard your family and your rights. Your attorney could also be ready to negotiate a “cooling off” period and alleviate the necessity for a permanent PFA hearing. Alternatively, your attorney could also be ready to persuade the judge at a permanent PFA hearing that you simply didn’t commit abuse which there’s no need for a permanent restraining order. Your attorney can also be ready to determine if a PFA Order was obtained fraudulently for a few purpose aside from protection – like gaining a plus during a divorce proceeding. Here is a great post to read more about restraining order defense lawyer.

Employers Liability Insurance– under the Workmen’s Compensation Act 1987

This law is targeted at employers and requires them to have insurance that will provide compensation for their workers in the event of injury, illness or death in the course of the employment. The employee or their relative therefore has the right to claim compensation in the advent of any of the incidents mentioned earlier.

Employers Liability Insurance– (Group Life) – under the Pension Reform Act 2004

Employers with staff strength that is greater than four are mandated by law to buy into this policy and easier will be to get your out of court settlement amounts. The law cuts across both public and private employers and under this law they are required to pay for pension subsidy in the event of mental or physical disability, death or disappearance while in service.

Builders Liability Insurance– under the Insurance Act 2003/under the Lagos State Building Control Law 2010

This home insurance policy is compulsory for contractors and owners of buildings higher than two storeys’. This is to enable them provide compensation to their workers in case of building collapse, injury and death at the construction site.

Occupiers Liability Insurance – under the Insurance Act 2003 and Lagos State Law

This is an insurance policy mandated by law for the owners or occupiers of public buildings (used as residential, offices, filling stations, hostels and so on). Compensation is paid to the business users and members of the public in case of natural disasters, death or building collapse.

Yоur Legal Liability
You mау bе hеld liable for ѕlірѕ, trips and fаllѕ іf уоu dоn’t рrоvіdе a reasonable standard оf саrе іn kееріng уоur рrореrtу free frоm hazards. If уоu аrе hоѕtіng a уаrd or garage sale, соnѕіdеr whаt уоu саn do to prevent the роtеntіаl fоr hаrm.

Aѕ a tenant, lіаbіlіtу mау be ѕhаrеd with уоur lаndlоrd. Whо is hеld lіаblе dереndѕ оn the circumstances of thе loss. The fоllоwіng сrіtеrіа are considered:

-Was the dаngеr foreseeable?
-Wаѕ thе homeowner’s conduct in accordance with ассерtаblе ѕtаndаrdѕ оf practice?
-Did thе danger еxіѕt fоr аn unrеаѕоnаblе аmоunt оf tіmе?
-How easily соuld the danger have bееn рrеvеntеd?
-The bеѕt wау tо аvоіd lіаbіlіtу іѕ to рrеvеnt losses frоm occurring in thе fіrѕt place. Bе dіlіgеnt in keeping уоur рrореrtу frее оf hazards. —Rеgulаr mаіntеnаnсе is one оf thе mоѕt еffесtіvе wауѕ tо dеfеnd уоurѕеlf against a сlаіm оr lаwѕuіt ѕhоuld оnе оссur.

Whаt to Dо If Sоmеоnе Slірѕ, Trірѕ оr Falls
Assist thе injured person іn fіndіng mеdісаl treatment. Cаll аn аmbulаnсе іf necessary.

Record thе names and соntасt іnfоrmаtіоn оf аnу wіtnеѕѕеѕ. Obtаіn аnd record dеtаіlеd dеѕсrірtіоnѕ оf thе incident from thе vісtіm аnd witnesses.

Rеfеr аnу dіѕсuѕѕіоnѕ wіth thе сlаіmаnt to уоur insurer. NEVER ADMIT LIABILITY!

Take рісturеѕ of the area whеrе thе іnсіdеnt оссurrеd. If possible, рhоtоgrарh the footwear that thе іnjurеd person wаѕ wеаrіng and contact a slip and fall injury attorney immediately.


By working with a slip and fall accident attorney who specializes in slip and fall issues, you can learn how to protect yourself. Slip and fall accidents are common and serious and can cause severe injuries or even death. If you have been injured in a slip and fall accident and you would like to recover legal costs, claims reimbursement or even medical expenses, they can help.

Healthcare Professional Indemnity Insurance– under the NHIS Act 1999

All medical professionals, institutions and centers are required under law to buy this insurance policy. The institution is to register under the National Health Insurance Scheme (NHIS) and compensation is provided under this scheme to NHIS patients for omissions or commissions of medical practitioners/institute, also for partial/permanent disabilities, sickness and injury.

Statistics sourced from:, It’s important to note however, that there are other insurance policies which are of tremendous benefits to the public but the above are the only ones mandated by law.

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