TODAY'S QUOTE


    Don't cry because it's over, simle because it happened - Dr Seuss



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Insurance And It Types

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A contract whereby, for specified consideration, one party undertakes to compensate the other for a loss relating to a particular subject as a result of the occurrence of designated hazards. The normal activities of daily life carry the risk of enormous financial loss. Many persons are willing to pay a small amount for protection against certain risks because that protection provides valuable peace of mind. The term insurance describes any measure taken for protection against risks. When insurance takes the form of a contract in an insurance policy, it is subject to requirements in statutes, Administrative Agency regulations, and court decisions. In an insurance contract, one party, theinsured, pays a specified amount of money, called a premium, to another party, the insurer. The insurer, in turn, agrees to compensate the insured for specific future losses. The losses covered are listed in the contract, and the contract is called a policy. When an insured suffers a los...
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“We Derive Pleasure In Raping Old Women” – Suspect Confesses

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A 34-year-old man named Nnamdi Ethelbert Ogidi has been arrested by men of the Nigerian Police for kidnapping and raping old women in Imo State. He was apprehended on May 23, while negotiating a N20 million ransom for a victim, 74-year-old Regina Nkwocha. The suspect, popularly known as Bori, reportedly told the Anti-Kidnapping Unit of the state police command, that his gang had kidnapped many persons, including 15 old women. The police were unable to arrest other members of the gang as they ran away. According reports, he said; “I am from Imo state and after dropping out of senior secondary school, I learnt how to become a mechanic. Along the line I met bad friends who initiated me into the deadly cult group known as Debam fraternity. Most of them were into one bad thing or the other, so it was easy for me to join a gang of kidnappers who are also members of the cult. We derive pleasure in kidnapping elderly women and while their family members will be...
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What is credit insurance for an auto loan?

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