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NEM INSURANCE PLC started insurance business in Nigeria in 1948 through the agency of Edward Turner & Co.

It became a Nigerian branch of NEM General Insurance Association Limited of London in 1965 and incorporated in 1970 as a Nigerian company in compliance with the Companies Decree of 1968..

Travel Insurance

NEM Travel Insurance is a specialized product developed by NEM Insurance Plc in partnership with MAFRE ASSISTENCIA to provide reliable protection for individuals traveling outside Nigeria. The policy is designed to cover medical expenses, lost luggage, flight accidents, and other unexpected losses incurred while traveling internationally, as stated in the policy benefits.

Traveling abroad comes with various risks ranging from medical emergencies to baggage loss and travel delays. NEM Travel Insurance offers financial protection against these risks and guarantees access to a vast international network of healthcare providers around the world, ensuring that policyholders receive timely assistance wherever they travel.

This policy is suitable for tourists, business travelers, students, and individuals traveling for medical, leisure, or official purposes.

 

What is Travel Insurance?

Travel Insurance is a type of insurance policy that provides financial protection against risks and losses that may occur during international travel. It covers medical emergencies, evacuation and repatriation, loss of baggage, legal expenses, and other travel-related incidents.

Travel Insurance in Nigeria is often required for visa processing, especially for travelers applying for Schengen visas. It ensures that travelers can meet embassy requirements while also protecting them from the financial burden of unforeseen events during their trip.

 

NEM Travel Insurance Plans

NEM Insurance offers two major travel insurance plans designed to meet international travel requirements:

Schengen Travel Insurance

The Schengen policy is tailored to meet the insurance requirements for visa issuance by Schengen embassies in Nigeria. It provides emergency services across all Schengen states, including Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, Switzerland, and Liechtenstein.

This policy ensures compliance with Schengen visa rules while providing medical and travel-related protection throughout the trip.

Worldwide Travel Insurance

The Worldwide Travel Insurance policy is designed to meet insurance requirements anywhere in the world, except the insured’s country of permanent residence. It offers broad protection for travelers visiting non-Schengen countries and supports international mobility for business and leisure purposes.

 

What Does NEM Travel Insurance Cover?

NEM Travel Insurance provides coverage for a wide range of risks associated with international travel, including:

  • Medical expenses arising from illness or injury during travel

  • Emergency medical transportation

  • Medical emergency coverage for sudden, significant, and unpredictable changes in health status

  • Emergency dental treatment

  • Repatriation of mortal remains at actual costs

  • Repatriation after treatment at current expenses

  • Advance bail

  • Legal costs

  • Compensation for loss or search of luggage

  • Flight-related accidents and associated losses

These benefits ensure that travelers receive financial and medical support when faced with unexpected incidents abroad.

 

Special Features of the Policy

NEM Travel Insurance offers several special features that enhance its value:

  • Payment of medical expenses up to 30,000 euros with a 50-euro deductible

  • Emergency medical transportation costs fully covered

  • Emergency dental expenses covered up to 160 euros with a deductible of 50 euros

  • Advance bail covered up to 2,000 euros

  • Legal costs covered up to 400 euros

  • Compensation for search or loss of luggage

  • Access to an extensive global healthcare provider network

These features ensure that insured travelers receive comprehensive support during emergencies.

 

Terms and Conditions

The following conditions apply to the Travel Insurance policy:

  • Cover begins when the insured leaves Nigeria and ends upon return to Nigeria

  • Eligible age range is from infants to 75 years

  • Cover period ranges from 1 day to 365 days

  • Policy applies only to international travel

These conditions help define the scope and duration of protection provided under the policy.

 

Who Needs Travel Insurance?

Travel Insurance is suitable for:

  • Individuals traveling for tourism

  • Business travelers

  • Students traveling abroad

  • Medical tourists

  • Government and corporate travelers

Travelers transporting equipment or goods may also combine this policy with Marine Insurance for cargo-related protection, while individuals driving abroad may benefit from Motor Insurance for vehicle-related risks.

 

Travel Insurance in Nigeria

Travel Insurance in Nigeria has become increasingly important due to stricter visa requirements and the rising cost of overseas medical treatment. Many embassies now require proof of travel insurance before issuing visas, especially for Schengen countries.

This policy ensures that Nigerian travelers can:

  • Meet embassy insurance requirements

  • Access medical care abroad without heavy out-of-pocket costs

  • Receive assistance during emergencies

  • Travel with confidence and peace of mind

 

Why Choose NEM Travel Insurance?

NEM Travel Insurance combines international medical support with financial protection for travelers. Through its partnership with MAFRE ASSISTENCIA, the policy offers access to global healthcare services and emergency assistance.

The policy can also be bundled with Home Protection Insurance and Fire and Special Perils Insurance to provide broader personal risk coverage.

With flexible duration options and wide territorial coverage, NEM Travel Insurance remains a reliable solution for Nigerians traveling abroad

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