WHAT WE OFFER

The Leadway Default Insurance Policy product is a credit insurance policy designed to indemnify an airline against financial loss following the default of a ticketing, travel or cargo agent up to agreed limits.

The Policy is open to all IATA approved agents carrying on business in Nigeria, but covers 100% of their default anywhere in the world.
Claims are paid within 30 working days of the submission of all supporting documentation to IATA who then distributes to all airlines who have suffered default.
Premium on this policy is charged per ticket issued by the IATA Agent under the program.

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CLAIMS PROCESS

  • Documentation: Upload all necessary documents depending on the kind of calim it is.
  • Processing: Claim is received and processed.

  • Settlement: Claim is settled on confirmation.
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WHY LEADWAY?

Capacity to pay claims: In the past five years we have paid over N92 billion in claims.

Solid financial reputation: With an asset base of over N270 billion, we remain Nigeria’s strongest insurer.

Easy Claims Settlement: We tell no stories when you make claims, we pay imediately your claim is verified.

Customer Care: Our customer service representatives are always available to attend to your inquiries.

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