PRUDENT CHOICE MICROINSURANCE LIMITED is a wholly indigenous company incorporated in March 26, 2019, and licensed in October 12, 2021 by the National Insurance Commission, to design develop, package, market, and sell Microinsurance products and services that are suitable, simple, convenient, affordable....
Read MoreTo provide adequate, affordable, and convenient risk mitigating service to the low-income people in our society.
To be the best choice microinsurance that provides the much needed cover for the low-income people in Nigeria.
Innovation
Integrity
Team Work
Customer Delight
Simplicity
Our aim is to protect and secure lives, property, and businesses of our people and create wealth that will bring them out of poverty.
We ensure that everyone benefits from our products and services. They are tailored to meet their specific needs and conveniences of the people.
Life insurance policy protects those that have to carry on with life without you. It encourages savings which gives future benefit.
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Our non-life insurance policies are tailored to meet the needs of the low-income individuals and businesses with the barest and minimum terms, conditions and limitations.
Learn MoreOur claim processes and payment are simple and fast, with payment done within 48 hours after documentations
Our Customers’ Education Services include: Insurance awareness, investment opportunity, health talks, including legal and medical advice to our customers.
• We have our head office in Edo State—Management staff are accessible within Edo State.
• Our products and services are simple, valuable, understandable, affordable, accessible and efficient
• We offer product with minimum and barest terms, conditions and limitations.
• our claim process are simple and fast.
• The Company is supervised by people with integrity.
Claims (Payment) are made within 48 hours after documentations.
You complete the proposal form, we assess the risk and advise you on premium required. Valid identification is required.
Contact us via our telephone numbers or email address
our branch network in on going, presently we have branches within Benin as follows:
• IBIWE BRANCH : 6, 2ND IBIWE STREET OFF 1ST IBIWE BY S&T PARK, BENIN CITY.
• EKEWAN: 143 EKEWAN ROAD OPPOSITE OANDO, BENIN CITY.
• IKPOBA HILL: 42 BENIN AGBOR ROAD, OPPOSITE MICHELLIN FILLING STATION IKPOBA HILL BENIN CITY.
• UPPER SAKPONBA: 155, UPPER SAKPONBA ROAD AFTER WELFARE JUNCTION, BENIN CITY.
Contact us for detailed information on that.
you can take up life insurance for your life and that of your spouse. You may also take life insurance on your life for the benefit of your child and parents.
Micro insurance provides insurance services to the low-income earners and SME’S. Their products are designed to meet the needs of their target market and they allow for premium to be paid regularly and irregularly.
the premium is based on sum insured (value of property e.g. 0.5% of the total value).
It’s a policy loan granted to the policyholder with minimal interest rate after 3 months of savings. The maximum loan amount is 3X the savings balance.
Yes, so long it does not affect your cash flow
Our policy loan is for business expansion.
yes, but we encourage rollover of the policy.
you must be a policyholder for at least 3 months, provide one guarantor and must have operated your business for sometime
Yes, with evidence of payslip or letter from your employer
Do you wish to join our team?
