Our Bancassurance Department is a one stop shop which gives our customers greater access to all financial services including insurance through our network. Get access to:

  • Competitively packaged and priced insurance products
  • Strategic Partnerships that enhance our service delivery
  • Excellent Customer Service

Consumer Products

Salary Protection Policy

salary policy

This offers compensation to formally employed individuals who lose their jobs through no fault of their own. The product also has a life cover that provides income protection for the individual’s family in the unfortunate event they die.

Travel Insurance

Travel Insurance

  • It provides coverage for unexpected risks and financial losses that can occur before a trip starts and while you are traveling, including cancellations, luggage, medical emergencies, and more. It is purchased for short and long trips; and either domestic or international trips.
  • It covers: medical expenses, personal accident, Loss of luggage or loss of checked luggage, and/or Flight Cancellation & Curtailment
Motor Insurance

motor policy

Motor insurance generally covers accidental damage to the insured motor vehicle; theft of the vehicle; and third party claims.

Education Policy

education policy

The product is embedded to Toto Bora Account. The customer will have a desired savings amount after the stated period.


  • Life cover where a lump sum equivalent to the desired savings amount is payable in the event of death of the insured life
  • Permanent Total Disability
  • Critical Illness
  • Last Expense benefit
Home Insurance

house insurance

This will cover: Private residential dwelling, walls, outbuildings and gates, Contents, Movable items (All Risks), Domestic Servants, Owner's Liability, Occupiers Liability.


  • Alternative accommodation if premises inhabitable following an insured loss
  • Damage to buildings/fixtures in the course of burglary
  • Theft by domestic servants
  • Cost of debris removal
  • Fire brigade
  • Specified business property at home
Card Insurance

card insurance


  • Replacement charges
  • ATM robbery and hijack
  • Emergency accidental medical expenses
  • Purchase protection
  • Life cover

Enterprise Products

Trade, Transport & Logistics


This covers: retails, wholesalers, manufacturers etc.

  • Business combined policy: This covers fire & perils, theft, all risks, business interruption, transit risk, money insurance, public liability
  • Motor insurance
  • Marine insurance
  • Trade Credit: This is a risk management offered to protect accounts receivable of business entities from loss due to credit risks such as protracted default, insolvency or bankruptcy.

 Benefits of Trade Credit:

  • Safer business growth through expansion of new and existing markets
  • Your cash flows are protected with a credit insurance policy as you are protected against bad-debt losses
  • Your business has better borrowing and financing options as it can secure better borrowing terms with the security that credit insurance provides
Learning and Religious Institutions


  • Assets insurance – motor, buildings, computer labs, generator, etc.
  • Group Personal Accident cover for students, teachers & non-teaching staff. This covers death, disability, medical expenses following an accident, artificial appliances, hospital cash and last expense.
Construction and Real Estate


  • Contractors Plant & Machinery
  • Fire & Perils: This provides indemnity for loss of and/or damage to buildings and contents resulting from one or a combination of the following causes: Fire; Lightening; Explosion; Earthquake and Landslides; Riots, Strike and malicious damage; Flooding and water damage; Falling/Aerial devices.
  • Fire Consequential Loss
  • Contractors All Risk
  • Political Risk & Terrorism


  • Livestock insurance. This covers: Cattle, pigs, goats, sheep, rabbits, poultry, horses, commercial dogs
  • Crop insurance. This covers: Wheat, Barley, Sorghum, Maize, Tea, Tobacco, Vegetables, Sugar cane, flowers, green house crops.
  • Greenhouse insurance
  • Assets insurance e.g. combined harvester, tractors, etc.