We will admit it’s easier to set up a small business and forgo insurance because most small businesses are run on a tight budget. We will also admit that due to this oversight, it’s easier for them to go under if an unfortunate event happens because they do not have the capacity to bear certain risks or their effect.

It is always tempting to forgo certain insurance not required by law, but small business insurance can save your company from ruin. You might be thinking of the cost of your premium and think it’s expensive so you would rather take your chances and bear the risk, forgetting that it’s cheaper to get insurance than to wish you had it when you need it. Rather than forfeit insurance, the best thing to do as a business owner is to consider a plan most suited for your business i.e., a plan that covers basic business risks at an affordable rate.

The Coronation Business Protection bundle is one of such plans designed specifically for small businesses to protect them from the effect of events like fire, theft, flood etc., and to ensure the continuity of the business.

With as low as NGN1,000 you are guaranteed a sum insured of NGN200,000 to protect your business and ensure continuity if any of the below affects the insured business:

  • Fire
  • Flood/Burst pipes
  • Theft
  • Malicious damage to the business property
  • Break ins

If you have ever been worried about the risks that might affect your business or impede growth and continuity, this plan provides you with an affordable option with all the benefits of an insurance cover.

For more details and enquiries, contact 2341-2774500 Or send an email to

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