On the 17th July 2021, a popular supermarket in Abuja, Next Cash
and Carry located in the Kado area of the Federal Capital Territory
in Abuja was gutted by fire.
This was also the fate of a popular Ebeano Supermarket, in the
Lokogoma area of Federal Capital Territory (FCT) Abuja, on the 26th
December 2021.
One of the most effective ways of securing your office spaces,
equipment, tools as well as other office machinery is through
insurance.
Insurance is a form of risk management, primarily used to hedge
against the risk of a contingent or uncertain loss. It allows the
insured to make claims for reimbursement as long as they are
covered by the risk.
There are two parties in an insurance transaction, the insurer
and the insured. The insurer is a company that underwrites an
insurance risk while the insured is a person or company covered by
the insurance.
