The Insurance Touch after the End Sars Damage.
Oritselaju Ejuomah (Noohra??)
Insurance Service Provider for ???? Business Owners and C-Suite Executives | I help secure your assets against loss through excellent insurance services | Sales and Marketing |Copywriting |
Hey LinkedIn,
It's such an honor to write to you again.
If you are reading as a Nigerian????, you must be well aware of the massacre that took place two years ago.
If you aren't a Nigerian, I will share just a bit of the story with you.
It was supposed to be a peaceful protest which later turned into a bloody one.
Youths came out on the rise to protest on the 20th of October, 2020 at the Lekki Toll Gate even despite the curfew given by the Lagos State Government.
This was because the youths wanted the Government to know how desperately they wanted the SARS dissolved.
The Body called SARS was created as a police unit to help mitigate crimes in the society.
However, the Special Anti-Robbery Squad (SARS) turned the rules around by harrassing anyone who they thought dressed too “fancy”, carried laptops, drove exotic cars or used Iphone gadgets.
Alarming right?
On that very evening of the protest at the Lekki Toll gate, things got out a little bit out of hand.
Bullets were thrown in the air which resulted into lots of injuries and the worst part of it all being the number of deaths that was recorded.
It was more painful because they were without weapons.
They just wanted their voices heard. (Soro Soke - which means let your voice be heard in the Yoruba language.)
It is three years now and our memories are still very strong.
I apologize if this piece opened already healed wounds but I just wanted to let you see how insurance made a significant impact in reviving the country after this incident.
To restore the losses experienced, it was discovered that some properties had insurance covers.
Motor vehicles were insured, shopping malls and some others.
It was recorded that the insurance companies settled 718 claims on vandalisation, 93 cases on looting, 113 on theft, 136 on loss of cash, three death claims were paid, 99 claims were settled on malicious damage, 8 claims on business interruption, 455 claims on burglary attack and 912 claims on fire and burnt site.
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The Nigerian Insurers Association (NIA) paid a total claim of 11 billion to settle the losses caused by the EndSars protest.
Do you see how insurance played a major role here?
They paid claims as against the premium the business owners paid in the beginning.
When you make a claim, some money is entitled to you after paying an initial sum for the coverage of the class of insurance you seek.
Insurance companies were created to serve with financial intermediation, hence restoring businesses quickly.
You pay in money for a supposed risk you are trying to manage and should that event occur, your money responds to it.
No one is able to forecast when losses or obstacles to your assets will come, even relying on savings to restore your businesses and assets could not be so much dependable.
The money you pay as “premium” serves as the aid to help you in rainy days.
This was how Insurance helped restore our businesses after the damages caused from the End Sars protest.
Just leave the future of your business to the insurance companies by paying a premium and you will see how your business will boom without fear of unforeseen risks.
Thank you for reading!
Like I stated in the beginning, it is always an honor to write to you.
Are you looking for proof to see how insurance is working?
It is all over the web.
I would also encourage you to read extensively on EndSars if you need more clarity.
Do you have any questions?
Let's talk about it in my DM.
Thanks again!
With love,
~ Oritselaju.????
Activist Journalist, human rights blog, ceos of large companies and others offer help to give hope to others. Owner at OTRA SERVICES
1 年Make and register your name for government work and start learning all you can and more on policy of government and that’s what we will attack.
Activist Journalist, human rights blog, ceos of large companies and others offer help to give hope to others. Owner at OTRA SERVICES
1 年Create a group of small and very dangerous that we must close completely by the top and fully fence two floors with sticky pitch on the outside and frog poison for snakes. Other creatures. Bigfoot and other Carnivora will attack through the top .
Realtor Associate @ Next Trend Realty LLC | HAR REALTOR, IRS Tax Preparer
1 年Thanks for Sharing.
Activist Journalist, human rights blog, ceos of large companies and others offer help to give hope to others. Owner at OTRA SERVICES
1 年My dear brother as we all came from one, I am sorry about your problems with health, poverty, no education from the government. My plan once one child goes to school, he can come back how to know the alphabet. Read, problems to avoid and how to survive alone or with family. I have been poor and disabled, but, I had a great seat in my Mazda which was perfect for my back. If you don’t have a car at all. You’d better take precautions especially if you walk in the dark everyday. New information is saying that people who stalk and look through windows end up a murderer. Beware women and beauties like you are their favorite prey. Pedefes have ages that they prefer. Most are to young to know how, where and where do I go. I think that this special goal needs attention to the fullest.
Insurance Service Provider for ???? Business Owners and C-Suite Executives | I help secure your assets against loss through excellent insurance services | Sales and Marketing |Copywriting |
1 年Let’s talk about insurance in my DMs