Case Studies

According to Maslow’s Theory of Needs, a sense of security comes after food, clothes, and shelter (physical needs). The uncertainty of meeting one’s needs in the present and future creates an economic opportunity in which insurance might help. The insurance business has developed to become one of the non-financial industry components that have ingeniously found their way into the lives of people in Sub-Saharan Africa. Overall, insurance is more than simply a means of paying losses; it is also a means of encouraging loss prevention, which benefits society as a whole. Vehicle insurance was developed in response to the need to safeguard motorists from large financial losses associated with driving an automobile. Because it is the most prevalent mode of commuting and connecting cities, road transportation has contributed to mortality risk in most nations. Road transportation is the primary mode of transportation in […]