Imagine that you drive a NGN50,000,000 car from Ikeja to Victoria Island within 1 hour and you get to pay a premium of just NGN1,141 – instead of worrying about paying NGN2,500,000 as upfront annual premium, especially when you can’t afford the upfront cost.
Or Imagine… that you drive a car valued at NGN10,000,000 from Lekki Phase 1 to Ikoyi – which is about 30-minute journey – and you pay NGN80 (Eighty Naira) only. This N80 covers your car entirely against accidental damage, fire, theft, malicious damage, flood etc…
This is what insure-tech company Pay-U (Co-founded by Temitope A.) have built, in a bid to democratise access to comprehensive motor insurance.
Says Temitope:
Hey!!! About 78% of cars on our roads don’t have comprehensive motor insurance – there is work that needs to be done. A car owner might drive for just 30 minutes or less and we want to be sure they can be comprehensively covered. There was that light bulb moment in acceptance of Pay-U’s brilliance and how relatable the solution is for more than 10 million car owners.
Head to your favourite app store to download the Pay-U app and onboard yourself in less than 5minutes! Or just click here to download from the Pay-U website.