Insurance Experts
Pioneer confidence in
the hearts of the
public in Nigeria.
About RIFAN
We are an association of the insuring public in Nigeria with a mindset of creating value for its members as well as creating more awareness of insurance in Nigeria.
What RIFAN Does
RIFAN acts as a bridge of trust for our members. Our core objective is to guarantee that every legitimate insurance claim is fully paid out by underwriters, ensuring our insured members receive the value they deserve without compromise.
Why Join RIFAN?
As a trusted voice representing consumers of insurance products, you need not look further for a platform that seeks solutions to all the issues and challenges of its members in the industry.
Vision Statement
To pioneer confidence in the heart of the public in buying insurance products in Nigeria, thereby creating wealth for the nation.
Mission Statement
By leveraging a professional team and cutting-edge technology, RIFAN is committed to ensuring every Nigerian household has seamless access to insurance, building the nation's most comprehensive database of the insuring public.
Core Values are:
- Integrity
- Efficiency
- Empathy
- Relationship
Our Roles and Responsibilities
- To build ensuring public confidence in insurance in Nigeria.
- To ensure the protection of the interests and rights of the insurance contracts in Nigeria.
- Liaising with National Insurance Commission (NAICOM) to ensure Prompt Claims Settlement to our members and the general public.
- To foster cordial relationships between the insured and the insurer.
- To promote the growth of the insurance industry in Nigeria through the enlightenment of members of RIFAN and the general public.
- To encourage micro insurance consumption in Nigeria.
- To educate the general public on significance of compulsory insurance.
Membership Plans
SILVER Membership Benefits
- Prompt Claim Settlement
- Group Personal Accident Insurance Cover (GPAIC):
- Death/Permanent Disability Benefit - N500,000
- Medical Expenses Benefit - N50,000
Cost: ₦7,500 Per Year
Subscribe NowGOLD Membership Benefits
- Prompt Claim Settlement
- Group Personal Accident Insurance Cover (GPAIC):
- Death/Permanent Disability Benefit - N750,000
- Medical Expenses Benefit - N75,000
Cost: ₦10,000 Per Year
Subscribe NowDIAMOND Membership Benefits
- Prompt Claim Settlement
- Group Personal Accident Insurance Cover (GPAIC):
- Death/Permanent Disability Benefit - N1,500,000
- Medical Expenses Benefit - N150,000
Cost: ₦20,000 Per Year
Subscribe NowBRONZE Membership Benefits
- Prompt Claim Settlement
- Sallah gift to these members
- This membership is for our Muslim brothers
Cost: ₦5,000 Per Year
Subscribe NowSpecial Membership Benefits
- Special Membership Benefits
- Prompt Claim Settlement
- Group Personal Accident Insurance Cover (GPAIC)
Cost: ₦100,000 Per Year
Subscribe NowOUR PARTNERS
Frequently Asked Questions
Insurance is a necessity for everyone—you either currently hold a policy or you need one to protect your future. RIFAN serves as the essential bridge for both groups. When you become a member, RIFAN acts as your professional representative, interfacing directly with underwriters on your behalf. We take the burden of policy management off your shoulders to ensure your right to indemnity is fully guaranteed. By protecting your interests, we restore true confidence in the Nigerian insurance landscape.
In the typical relationship between consumers and large insurance corporations, the individual often faces a disadvantage due to complex technical jargon and limited legal resources. RIFAN intervenes to balance this scale. We address the knowledge gap that prevents many Nigerians from fully understanding their contractual rights. Our role is to ensure that no member is left vulnerable during a breach of contract, providing the protection and advocacy necessary to uphold our vision of a secure nation.
While the insurance industry is vital to Nigeria’s economic growth, a persistent lack of trust remains a major barrier. Many policyholders are wary of the claims process or fall victim to the rising surge of fraudulent policies and agents. RIFAN solves this by ensuring all genuine claims are settled promptly and by partnering with State Governments to build the nation’s largest database of the insuring public. This data-driven approach, combined with our collaboration with enforcement agencies, will systematically eliminate "fake" insurance and enhance Internally Generated Revenue (IGR) for the state.
To maintain our independence and professional standards, RIFAN generates its operational funds through structured annual membership subscriptions and strategic grants. Additionally, we welcome the sponsorship of specific events and initiatives from organizations and bodies that share our commitment to national wealth creation and public security.