In a bid to fulfill the strategic objectives of the Company by retaining and enhancing its clients’ base, adding real and genuine value to customers’ needs and extending the penetration of existing products and services, the Management of STACO Insurance Plc has once again strengthened its retail business portfolio with renewed vigor by adding three customized retail Insurance products.
The products, according to a statement by the company’s Head, Corporate Communications, Dr. Tunde Odeyemi, are STACO Personal Protection Plan (PPP) which protects its holders against accidental death, permanent or temporary disability and medical expenses arising from all forms of accidents. STACO Home Owners Insurance which seeks to protects its holders from loss or damage to their precious assets or properties at home arising from theft, fire, lightning and explosion, damage caused by bursting or overflowing of water tanks apparatus or pipes amongst others and STACO Travel Policy which is designed to provide compensation for accidental death, permanent disability or partial disability, loss of luggage up to a specified amount and medical expenses following accidents. The Travel Insurance policy covers all the travels embarked upon by the subscriber through any means of transportation on both local and international travels.
“The customized Insurance policies have been designed to bring comfort to their holders and improve their well-being at a very affordable price. STACO Insurance is known for its passion for high standards and its customer centered service delivery. The Company is committed to putting smiles on the faces of its teaming clientele by developing and offering flexible, top-notch quality and customer friendly insurance products at all times.
“STACO Insurance Plc is one of the leading Insurance companies in Nigeria, a product of a well thought out acquisition carried out on Alpha Insurance Plc. The Company which commenced operations in 1994 specializes in General Insurance and Special Risks businesses,” the statement added.