For many Nigerians, insurance feels like a mystery. People buy it because they “have to,” but few truly understand how it works or how much it can save them. Over time, this lack of understanding has created myths that stop people from getting the right coverage.
Today, let’s bust the top 5 insurance myths in Nigeria and uncover the truth. By the end, you’ll see why insurance isn’t a luxury but a lifeline, especially when you choose a trusted provider like Linkage Assurance.
Insurance Myths
Myth 1: Insurance is only for the rich
The truth: Insurance is designed for everyone. Whether you drive a keke, a second-hand car, or a brand-new SUV, there’s a policy for you.
At Linkage Assurance, we offer affordable motor insurance options from Third-Party Only (the cheapest, legally required policy) to Third-Party Plus (budget-friendly with added own-damage cover) and Comprehensive insurance for full protection.
Insurance is not about wealth, it’s about protection.
Myth 2: Insurance companies never pay claims
The truth: Reliable insurers do pay claims, it’s the core of their business. The problem is often with choosing unlicensed providers or not fully understanding your policy.
Linkage Assurance has built a reputation for timely claims settlement. With decades of experience, we’ve proven that when accidents happen, we show up.
Myth 3: Third-Party cover is enough
The truth: While Third-Party insurance keeps you legal, it only covers damage or injury to other people. If your own car gets damaged, you’re on your own.
That’s why Third-Party Plus insurance is such a smart upgrade. It includes:
- All Third-Party benefits
- Up to ₦500,000 for your own car’s damage
- Free towing services
It’s the sweet spot for budget-conscious drivers who want more than just the basics.
Myth 4: Insurance is too complicated to buy
The truth: Getting covered has never been easier. With Linkage Assurance, you can:
- Buy online in minutes
- Walk into any of our branches nationwide
- Use a trusted agent who brings the policy to your doorstep
Insurance doesn’t have to be complicated, we’ve simplified it for you.
Myth 5: Accidents won’t happen to me
The truth: Accidents don’t discriminate. Nigerian roads are unpredictable. Potholes, reckless drivers, fuel scarcity queues, and even weather conditions increase risks.
Insurance is not about expecting the worst, it’s about being prepared when it happens.
When myths stop you from getting insured, you’re leaving yourself exposed to financial, legal, and emotional risks. Insurance isn’t about fear, it’s about confidence and peace of mind.
With Linkage Assurance, you don’t just get a policy, you get affordable protection, quick claims, and nationwide support.
Don’t let myths stop you from protecting what matters. Whether you want simple legal compliance, budget-friendly coverage, or full protection, Linkage Assurance has the best insurance options in Nigeria for you.
Get insured today using this link because the truth is, you can’t afford not to.
