If something happened to you tomorrow, would your family be okay?

Life insurance is not about death. It is about making sure the people who depend on you are still standing if you are not there. Verdure offers life cover that is straightforward, affordable, and designed for Nigerian families.

We know life insurance feels like a topic people avoid

In Nigeria, discussing life insurance is sometimes seen as inviting bad luck. We understand that. But the truth is that the families who suffer most after a breadwinner dies are almost always the ones who had no plan.

Life insurance is not morbid. It is the most practical thing you can do for the people you love.

Term Assurance

Affordable, straightforward coverage that pays a lump sum to your loved ones if the unexpected happens, giving your family the financial security they deserve.

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Endowment

A dual-purpose plan that combines life protection with a disciplined savings vehicle, maturing into a guaranteed payout to fund your future goals.

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Health Insurance

Comprehensive medical coverage that ensures access to quality healthcare without financial strain from routine check-ups to critical care.

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Life Microinsurance

Accessible and affordable life protection designed for underserved communities, because every life deserves a safety net, regardless of income.

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Family Takaful Insurance

Shariah-compliant cooperative insurance rooted in mutual solidarity, providing your family with ethical, faith-aligned financial protection.

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Other Associated Life

A carefully curated range of supplementary life solutions to complement your core coverage and address unique personal circumstances.

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Q&As

Frequently asked questions

How much life insurance do I need?

A common rule of thumb is 5 to 10 times your annual income, enough to cover your family’s living expenses for several years, pay off debts, and fund long-term goals. The right amount depends on your obligations and your dependants.

What happens if I stop paying premiums?

If you miss premiums, your policy may lapse. Some policies have a grace period. Endowment plans may have a surrender value if you terminate early, though it is usually less than total premiums paid in the early years.

Can I be refused life insurance in Nigeria?

Insurers assess risk before offering cover. Health conditions, age, or occupation may affect your premium or eligibility. We will always tell you clearly what options are available.

What documents does a beneficiary need to make a claim?

Typically: a death certificate, the original policy document, proof of the beneficiary’s identity, and a completed claim form. Our claims team guides beneficiaries through the process step by step.

Is the payout from life insurance taxable in Nigeria?

Life insurance payouts in Nigeria are generally treated as non-taxable proceeds. Consult a financial advisor for your specific circumstances.

Take the one step your family will thank you for

You can write to us or request a callback.