emPLE Introduces Budget-friendly Third-Party Motor Insurance

By LOVETH AZODO, Lagos

In a move to make vehicle insurance more accessible and tailored to individual needs, emPLE has launched the Flexi Third-Party Motor Insurance.

The product offers three budget-friendly tiers designed to cater to diverse risk appetites and financial capabilities, reinforcing emPLE’s commitment to empowering Nigerians with practical financial solutions.

According to the company the newly introduced plans—Basic Third-Party, Flexi Basic, and Flexi Standard—mark a significant evolution in third-party motor insurance, blending affordability with added benefits.

The Basic Third-Party plan, priced at N15,000, fulfills statutory insurance requirements, ensuring compliance for Nigerian vehicle owners.

For those seeking extended coverage, the Flexi Basic plan provides indemnity of up to N3 million for accidental damages, while the Flexi Standard tier includes basic third-party protection alongside coverage for fire, theft, and accidental damages up to N2 million.

Olalekan Oyinlade, Managing Director of emPLE General Insurance, highlighted the company’s vision behind the product.

“Insurance is not a one-size-fits-all solution, and at emPLE, we aim to provide products that align with the lifestyles and needs of our customers. The Flexi Third-Party Motor Insurance goes beyond basic coverage by bridging the gap between affordability and comprehensive protection,” he said.

Oyinlade emphasized that the product addresses both financial security and road safety, offering peace of mind to Nigerians as they navigate decisions about protecting their assets.

This latest offering underscores emPLE’s reputation as an innovative and customer-focused financial solutions provider. By prioritizing simplicity and flexibility, the company aims to serve a broad audience—from first-time car owners to experienced drivers—ensuring that quality protection is within reach for all.