As the name suggests, a third-party insurance policy is one that covers another person due to the action of the owner of the insurance title. Third party auto insurance is radically different from a comprehensive insurance in that the insurance company only repairs or pay for the damage done on another road user’s property.
To put it in perspective, a third party insurance can only be invoked when you cause damage (either mechanically or bodily) to another person’s possession (either vehicle or life).
The limit for third party motor damage in Nigeria is one million Naira (1,000,000) however, one can increase the amount payable by increasing the payment of additional premium
TAKE ADVANTAGE OF OUR PROMOTION
For the next month, we are offering the 5,000 Naira auto insurance at an unbelievable slash price of 3,000 Naira. While we are offering the 7,500 Naira auto insurance at 5,000 Naira. Take advantage of this offer before it ends.
HOW TO BUY THIRD PARTY AUTO INSURANCE ONLINE IN NIGERIA
A number of Nigerians do not know the importance of a third party insurance policy. For most of us, we only get the policy because it is a document that Police Officers and Federal Road safety agents ask for when they hail our vehicles to a stop. But the truth is that a third party car insurance policy is a very important coverage.
To buy Auto insurance online in Nigeria, just click here
You would be prompted to input some details and then you will receive your documents which you can print and use ANYWHERE in Nigeria.
HOW MUCH DOES A THIRD
PARTY AUTO INSURANCE COST IN NIGERIA?
When you buy third party insurance, you only pay a paltry sum of 3000 Naira which is great!
You pay just 3,000 Naira, but if and when you damage a third party property, the insurance company covers you for up to one million Naira (1,000,00) which is a fantastic deal.
WHAT ARE THE BENEFITS
OF THIRD PARTY CAR INSURANCE
1. Provision of Legal
Cover and Financial Assistance.
2. Assurance of Peace
of Mind
3. Provision of
security
4.Availability of easy, Round the Clock Availability of Third Party Car Insurance
5. Availability of easy
shift of burden.
Francis Ewherido in this post for The Guardian goes ahead to say “it (third party auto insurance) is a wonderful policy.
Because for just N5,000 premium, you transfer the unlimited liabilities for third party bodily injuries and death and limited third party property damage liabilities to your underwriter.
So you have
signed up as a terminal agent expecting to make good money but it has not quite
happened for you yet?
I know that
at this point, you are probably frustrated with the difficulty of getting
people to patronise you as a terminal agent. Who will not be frustrated anyway?
What’s the point of having a business if nobody is patronising you?
The rat
race of getting customers for your terminal agent business can be frustrating
but you can avoid it being a rat race by targeting a select group of customers who are most likely to buy.
Attracting
customers can be a herculean task for a any business, but with these few
pointers we about to give you, you would be on your way to getting a good chunk
of customers. Here are a few steps to take:
Know Your Business Inside and Out
This seems
like an obvious thing to do but trust me, it is not. When trying to convince
prospective customers to buy, explaining exactly what you want for them is the
easiest way to get them interested in the brand. Therefore, the importance of
you knowing your business through and through can not be overemphasized. For it
is only when you know your business inside out that you will be able to explain
it to a prospective customer.
Identify Your Ideal Client
Identifying your ideal client is an important step in getting customers through the door and running a sustainable business. As Brian Tracy says in this blog post for Entrepreneur.com , The ability to find a customer, sell your product or service to that customer, and satisfy the customer so that he buys from you again should be the central focus of all entrepreneurial activity
Who do you
think are more likely to buy from you? Your friends? Your classmates? Your
family members? Whoever they are, you have to take the first step of
identifying them, their habits, where they hang out and in this case, how they pay
bills. This is your first step in attracting them because when you know
them, then you can approach them.
Discover Where Your Customer Lives
After properly
defining who your target customers are, the next step is to find out where they
live. Well- not literally in many cases, but the idea is to know their needs
and where to meet them at the point of that need.
When you do
that, you are at a lot of advantage to convert them quickly.
Position Yourself as the Answer
Now that you know where your customers live and where to meet them at the point of their needs, you want to position yourself as the go-to person that will solve their problems. Take for instance a middle-aged Papa Nkechi who finds it difficult to pay his Gotv bills. He travels 100km to the community hub where he normally pays his Gotv bill. If you position yourself close to his neighbourhood, he will naturally be more than happy to patronise your business! So as you can see, positioning yourself as the answer to people’s problem comes with a lot of perks and trust me, people have a lot of problems with bill payments.
We are all a part of a community, and there is no better place to start promoting your terminal agent business than in your community. For one, your close community is possibly your strongest support system and they are always almost certainly within the proximity of your business.
More so, as
Jacob McMillenputs it in this post
for Yotpo, 92% of consumers will believe a recommendation from friends and
family over ANY other type of advertising. Therefore, you can see the huge
potential that your word of mouth advertising has for.
Go out today, call that friend, send a WhatsApp broadcast message and tell your community that you are open for business.
Follow Up
Many
Nigerian businesses fail when it comes to following up their customers after
they have made a purchase and that is a counterproductive action. We spend a
lot of money and/or time to get new customers through the door and when they buy,
we just abandon them even though it is a lot cheaper and more probable to get
returning customers to buy/patronise us. This culture is more mind-blowing when
you realise that, according to Kissmetrics, it’s
nearly 7 times
less expensive to retain an existing customer than to gain a new one.
So you can
see that you don’t want that happening to you. You want to get as many
returning customers as possible, and the best way to do that is by following
them up. That customer that buys DSTV subscription from you monthly, you should
probably keep a record of him and call him to remind him when his subscription
is about to expire. The lady that normally recharges her IKEDC prepaid metre
with you, you should reach out and ask her if she knows how to input the token
on her meter. T
There are
times when customers will not be able to come down to your physical location in
order to pay and they would probably transfer the money to you to help conduct
the transaction. Helping them do the transaction in a timely and transparent
fashion will engender trust in your customers and trust is an important
ingredient that will help you business grow in the short and long term.
These a few pointers as to how you can keep attracting both new and returning customers to your business. One of the most important point to note here is that is while it is exciting and exhilarating to get new customers, it is even better to retain a returning customer as he or she is a lot easier to convert. Also, you have to start where you are and do what you can. Don’t wait until you have a thousand customers, start with word of mouth in your community and scale up as your business grows.
You are already partnering with a brand that has your best interest at heart, so why shouldn’t you succeed? Take advantage of our 24/7 customer support channels, competitive commission rates, and excellent service delivery to satisfy customer needs and power your business Good luck!
Third party car insurance is a compulsory policy required for all car owners in Nigeria and is backed by law.
Third party car insurance cover or liability cover is a policy which protects the car owner or driver of the vehicle against any legal liability, accidental liability, financial loss or property damage, medical expense cover in the event of an injury to or even death of any third party arising out of their vehicle.
Asides from being a mandatory requirement for using the road for drivers, below are other benefits of having third-party auto insurance:
Provides Legal Cover and Financial Assistance:
Third-party auto insurance covers the insured person’s legal liability in case of death or disability to any third party, and any loss or damage to a third party property.
Ensures Peace of Mind:
Third-party auto insurance brings peace of mind when dealing with any traumatic situation that hinges on financial payments. Hence, instead of worrying further about such unforeseen expenses, the focus is just on the immediate relief from stress and coping up with the incident.
Security:
Third-party auto insurance gives you confidence when you get into a road accident and also covers you against violent reactions in cases of accident/loss.
Easy Round the Clock Availability of Third Party Car Insurance:
Unlike other insurance policies that are limited to only the offline method of renewal or application, VTpass third-party auto insurance is easily available online round-the-clock i.e 24/7, and 365 days a year from any location.
The shift of burden:
With third-party insurance, you do not need to worry over the third-party loss as the Insurer supports you in such instance.
Now that you understand why it is so important to invest in a third party car insurance, always remember that this is the best way to gain comprehensive coverage against losses that you might incur if your car gets damaged, stolen or causes injury, death, and damage to third-party or third party property.
What & How Can You Invoke The Third-Party Insurance Policy?
Anytime you get involved in any of the scenarios mentioned in the previous paragraphs (and covered in the insurance contract); all you need to do is file a claim. You can file a claim directly via the Insurance Company or the agent that underwrote the insurance policy for you. Make sure you have clear photo evidence, and receipts (in case you paid for part or the full claims already).
Third-party auto insurance now available on VTpass
Introducing its latest feature and the cheapest third-party auto insurance deal into the Nigeria market, VTpass now offers third-party car insurance for as low as #3,000 naira only.
Third-party
insurance generally, is an insurance policy purchased for protection against
the claims of another i.e it is meant for the protection of other road users
while you use our car.
For instance, if you insure your car on third
party only insurance (the premium is N3,000 naira), and you get involved in a
road accident where you are at fault, the insurance company will be liable for
the repair of the other person’s car while you repair your own car. Also, if
you damage somebody’s property like a building’s fence in an accident, the
fence will be repaired by the insurance company. However, you should take note
that there is a certain limit to what the insurance company will pay for motor
third party property damage. The maximum is N1,000,000.00, but some can pay as
high as N2,000,000.00.
Protect your car with VTpass third-party auto insurance service.
A lot of Nigerian drivers have wrong perceptions about auto insurance policies and only subscribe to it because it is among the vehicle license documents legally required for them to use the road. In fact, only 1 in 100 car owners understand that third party car insurance is not just a document for road usage, but a savior in times of unexpected occurrences. When you run into Police or other agency roadblocks, and your car particulars are checked, if you do not possess third-party insurance, you would be arrested.
Regardless, check out how to Purchase third-party Auto Insurance policy:
While the rainy season this year may seem to have arrived earlier than usual, we are very glad that the hot air has been lifted.
Marked with increased rainfall, thunderstorms, high winds, and flood, the rainy season could see a lot of electrical accidents, especially since water is a good conductor of electricity.
However, that informs the need for us to pay more attention to safety when dealing with electrical appliances this season.
Here are a few electrical safety tips you may need in this rainy season:
Stay away from Flooded Areas:
Everyone is adviced to stay indoor or to find the closest shelter in the event of rain or storm. But if you have to go out, it would be wise to avoid flooded areas, especially those close to heavy electrical equipment.
Pay electricity bills on VTpass
2. Stay away from power lines during a storm:
The human body is a ready conductor of electricity and as such, It is advised that you stay at least 10 feet away from a power line and anything touching it.
The proper way to move away from the line is to shuffle away with small steps, keeping your feet together and on the ground at all times. This way, it will minimize the potential for a strong electric shock.
3. Never leave Cut Wires astray:
In cases where you have wires on the floor or lying on the road in your area, it will be wise to either get a DisCo official to reconnect or safely tuck away the wires before the event of a rainstorm.
These wires may cause severe electrical hazards if they come in contact with water (provided current is flowing through the wire).
4. Avoid outdoor electrical tasks during rainfall:
Avoid high altitude during rainfall, as that presents a real danger of being struck by lightning – especially when climbing poles.
Never attempt electrical chores if you are not a trained engineer but if you have to, avoid doing this under the rain.
5. Take caution when close to Water:
Never touch anything electrical with wet hands or bare feet, always use caution when operating electrical appliances near water sources and all appliances.
We will forever be grateful for technology, and its daily advancement as human life has been made easier since the advent of the Internet.
Similarly, payment of your PHCN electricity bills for either Prepaid or Postpaid meter has been made a lot easier, faster, and for your convenience.
Rather than commute to the PHCN office, you can now purchase electricity tokens for your prepaid meter or recharge your postpaid meter online at the convenience of your home or office.
Nearly everyone has been through that phase/episode where you just lack the motivation to work and it starts to feel and as though nothing works.
Most times the lack of motivation at work could make you feel terrible, bored and frustrated about your business or career. However, we’ve got great news for you as we have compiled a short list to help you stay motivated while completing your daily tasks.
1. Don’t Think About it as Hard Work
Never think of your job as hard work.
Studies have shown that when a project you’re faced with isn’t viewed as drudgery, but rather as a piece of the puzzle that’s helping you along your career path, then perhaps the energy required to do it will be easier to come by.
Here’s how Marie Stein deals with feeling uninspired”at work;
I try not to think so much about how difficult or frustrating or impossible that might be; I just think about how good it must feel to be that, or how proud I might be to have done that. Make hard look easy.
2. Task Identity
Checklist for work done.
Work is most motivating when it’s clear what, exactly, you’re accomplishing. On the other hand, nothing is worse than working all day and thinking “What did I even do today?!”
To stay motivated at the end of each day or week, make a “Got Done” list (the opposite of to the to-do list!), where you outline all of the tasks you’ve completed. For extra motivation, keep it somewhere you can see.
3. Evaluate Task Significance
Always set your tasks in order of priority.
Another key to staying motivated is knowing that the work you’re doing makes a difference in some way—recognizing the impact you’re making on your clients, company, or the world.
If you’re not totally seeing this connection, try to dig deep. You could map your weekly sales reports to the increase in your company’s bottom lines or sales unit, Or make a list of the tasks you do that reduce this cost for your company and find ways to focus on those aspects of your job more often.
4. Focus on things that really matter
Did you know that doing things that don’t mean anything costs(us) a ton of mental energy?
FOCUS
Take a minute to go through your list and take off anything that’s both truly demotivating and unnecessary for you to do. It’s not always best to finish what you started if, down the line, you can’t even remember the reason you started something in the first place.
5. Celebrate Wins
Celebrating your wins
An acknowledgment of how good you are doing, no matter how small or big is a great step to boosting your motivation.
You may forget how crucial all the little wins are if you’re constantly waiting for a long-term payoff. So ensure to treat yourself and never underestimate how gratifying it can feel to recognize tiny advancements.
While Monday may not be everyone’s favorite day, with the struggle to get out of bed, get to classes/offices and to make it throughout the day, it is often the best day to strategically plan for the new week.
Mondays don’t always have to be dreaded instead, you can try one or a few of the tips listed below to help start your week off on a positive note.
Pick A Positive Note For The Week
Select a positive affirmation that will help you with any challenges you may face this week. Set it as your lock screen on your phone so you will see it repeatedly throughout the week or write it down and hang it somewhere like on your refrigerator.
2. Plan Your Week Out
Although planning may sound like a lot of work, try to think about all the exciting and enjoyable things you have coming up this week and list them.
Remember to focus on the chores and work-related activities while also highlighting the other exciting events you are looking forward, this way, you are not just focused on the not-so-fun things you have going on this week
3. Eat A Nice/Healthy Breakfast
Medical practitioners have always advised on the importance of having breakfast.
It does not have to be something super complicated and take forever to make. You also do not have to make some fancy spread for the whole neighborhood but try to make yourself something a little extra special to kick off your week.
4. Set A Goal For The New Week
A new week is another opportunity for you to re-strategize and set new goals.
Don’t go too crazy and set a goal that is unattainable. Pick something that still presents you with a challenge, but won’t overwhelm you or is too big. It is advisable to choose something that you want to improve on in a short-term.
5. Create A ‘Monday’ Music Playlist
This may sound unnecessary, but listening to the right songs have the power to completely change your mood. Take some time to create the perfect playlist for that will make you want to jump out of bed in the morning.
We are indeed very excited to announce the launch of a new service on our platform, VTpass.
Smile data now available on VTpass
VTpass, a leading bills payment platform in Nigeria now offers the purchase of Smile 4G LTE data service on its platform.
Unlike other network providers, Smile mobile broadband provides an unbeatable 4G LTE network and also allows for flexibility with its data plan coupled with its guaranteed SuperFast, reliable broadband.
Below is a breakdown of the Smile network data plan & prices or simply click on this to redirect you to the VTpass website;
You can now renew your Smile data on VTpass with its superfast internet to meet both your personal and business needs.
What more are you waiting for?
Get on the fast wave, and join the Smile community to get
high-quality internet access for business, social media, music, movies and
video streaming, online gaming, downloads, and mobile internet browsing.
Follow the simple steps below to renew your Smile data on VTpass.
