How to buy car insurance & pay monthly with AXA Mansard

Nigeria's low insurance penetration remains a major concern for stakeholders in the nation's financial sector. With insurance penetration estimated to be around 0.3% to 0.5%, many Nigerians remain vulnerable to various risks and financial losses with little or no insurance coverage. At AXA Mansard, we express our commitment to improving insurance affordability and access by launching the pay monthly car insurance initiative. This buy now, pay later insurance option is only available for our comprehensive car insurance.

The monthly car insurance enables car owners to pay the premium for their comprehensive insurance via instalments. This means customers don’t need to pay the full premium upfront at a go. Using the pay monthly car insurance option, clients can secure 12 months of comprehensive car insurance coverage by paying only 20% of the total amount upfront. Customers can then spread the remaining balance over a maximum of ten(10) months at a manageable rate. This makes access to insurance coverage more affordable and inclusive.

One of the identified factors contributing to low insurance penetration is the high cost of insurance premiums. Individuals who do not consider insurance as a major need may defer purchasing an insurance product outright or forgo it as a future purchase. The pay monthly car insurance Initiative addresses these challenges and helps customers make significant insurance purchases without financial stress.

The process to sign up for this incredible new initiative is seamless. Interested customers should follow these simple steps:

1. Visit Autoclassic Motor Insurance Page.

2. Input your car details to receive a free quote

3. Select the Pay Monthly option and proceed to pay the 20% deposit.

The pay monthly initiative is an excellent solution for car owners who prefer to pay their car insurance premiums via instalments. Previously, customers who could only 3rd party car insurance or even forgo car insurance can now afford comprehensive insurance to protect their assets. With the pay monthly car insurance option, car owners can now select premium insurance packages that offer optimal coverage at an affordable price.

This initiative underscores AXA Mansard's commitment to promoting financial inclusion by providing affordable insurance coverage independent of income and social class. We understand how economic challenges can have a damaging effect on the lives of many citizens, and our mandate is to find solutions that cater to these challenges; practical, innovative, and widely accessible solutions.

In conclusion, the launch of the pay monthly car insurance initiative by AXA Mansard marks a significant milestone in Nigeria's insurance sector. It presents an opportunity to increase insurance penetration, promote financial inclusion, and provide affordable insurance options to Nigerians. Join us today and drive without financial worry, as we guarantee ease, accessibility, and long-lasting peace of mind.

Tell a friend who doesn’t want to buy car insurance that he can spread his payment over 10 months, thanks to AXA Mansards' monthly car insurance payment option.