3 Truths and One Lie About Insurance

Hello Pals,

You won't believe what happened during our team bonding yesterday! We discussed common beliefs about insurance, and some statements were made that got me wondering if you all really know the truth and benefits of insurance. So, how about we play "Truth or Lie"? That game you all love to play at parties! 

I’ll tell you about four insurance statements we discussed, and trust me, one of them is a complete lie! 

Can you guess which one?

The first one was, "Insurance is for everybody irrespective of your income level."  This reminded me of my aunt who used to think that Insurance was only for wealthy people until she discovered affordable health insurance plans with Leadway Health. Today, she proudly tells everyone how she maintains her health insurance policy by paying shikini money! She was amazed to learn she could pay small premiums and get access to quality healthcare whenever needed. These days, there is insurance for everyone, whether you are one of the big boys or just hustling!

The second statement was, "Insurance companies are reliable with claim payments." When my colleagues challenged this statement, I explained that reliability varies significantly among insurers, which is precisely why choosing a trusted and tested insurer like Leadway Assurance is crucial. 

In fact, Leadway Assurance paid billions in claims just last year! It is like when people ask me how I was able to refurbish my house after the terrible fire accident last month- my Insurance of course!

Then the third one, "Prevention is better than cure, but insurance handles both." This saying reminds me of my mother's wisdom about preventing trouble before it starts. Just as vaccines protect us from illness and reduce its severity if we do get sick, insurance works both preventively and reactively. Take auto insurance, for example—its value lies not just in post-accident coverage, but in the invaluable peace of mind it provides long before any issues arise.

Finally, someone said, "Once you get insurance, all your problems are solved." Ehn ehn! If only life were that simple! My people, insurance is wonderful, but it won't help you find a wife or make Lagos traffic disappear! 😄

Can you guess which one is the lie? 

(Drum roll)

If you picked the last one, you're correct! While insurance is incredibly important, it's not a magical solution to every problem. But I can tell you this, it definitely helps you sleep better at night knowing you are protected!

If you are curious about how to protect yourself, your loved ones, your properties, your car, your health, or even your wealth, just send me a DM or say Hi in the comments.

Till next week.

Lots of love,

Caleb

From Leadway