Wapic launches travel cover in Nigeria

Lagos, Nigeria
Company brief

Wapic Insurance, headquartered in Lagos, Nigeria, has unveiled its new travel insurance product for the local market that includes cover for medical repatriation and the repatriation of mortal remains. With different price points for different age groups, the cost of the policy is also determined by duration of trip and destination.

Commenting at the launch of the product, Wapic’s manging director Adeyinka Adekoya said: “Before we decided to launch this product, we had observed over time very little or no awareness of travel insurance and its benefits … The idea is to increase product awareness and patronage and, also, to elicit interest and ongoing debate in the public domain about the relevance and importance of travel insurance for the protection of life and personal property.” She also explained, according to The Nation, that the new policy will be sold direct to consumers through the company’s digital platform, as well as through partnerships with other entities such as travel agencies and airlines.