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Leadway Assurance Company Ltd
Leadway Assurance Company Ltd National Insurance Commission (NAICOM)

Leadway AutoPlan Comprehensive Cover

4.9 / 5.0 (Moniest Score)
Verified • National Insurance Commission (NAICOM) • Checked Sep 2026
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Interest / Fee Rate 3.5% - 5% Annual
Limits / Amounts NGN 50,000,000 Min: NGN 25,000
Tenor / Duration Ongoing Flexible repayment
Disbursement Speed Instant Direct to account

Key Advantages (Pros)

  • Claims settled in under 48 hours
  • Free emergency towing service in major cities
  • Covers own vehicle damage, fire, and theft
  • Flexible installment premium payments

Considerations & Limits (Cons)

  • Standard 10% excess fee applies on theft claims
  • Requires vehicle inspection photos via app
Moniest Research Verdict

Our In-Depth Evaluation

Nigeria’s most dependable auto insurance with fast digital claims resolution.
Leadway has the highest claims settlement record in Nigeria. Their AutoPlan comprehensive coverage provides vehicle repairs, third-party liability, towing services, and digital claim submissions within 48 hours.
Best suited for: Private car owners, corporate fleets, and ride-hailing drivers Read Rating Methodology

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Rate / Fee Competitive
Max Limit NGN 250,000
Tenor Ongoing
Speed Instant
  • Over 1,200 accredited hospitals nationwide
  • Covers doctor consultations and prescribed generic medicines
National Health Insurance Authority (NHIA) & NAICOM Verified Sep 2026
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