Investment One Pension & Financial Services Review 2023

Cornerstone insurance review

last Updated on July 3, 2023

In a world where uncertainties lurk around every corner, one name stands tall, ready to shield you from the storms of life: Cornerstone Insurance Nigeria. Are you in search of a reliable and trustworthy insurance partner? Look no further!

In this exclusive review, we embark on a journey to uncover the secrets behind the reputable Cornerstone Insurance Nigeria. From their unwavering commitment to customer satisfaction to their comprehensive range of insurance solutions, we leave no stone unturned.

So, fasten your seatbelts and join us as we delve into the heart of Cornerstone Insurance Nigeria. Get ready to discover a world of protection, peace of mind, and financial security. Don’t miss out on this opportunity to learn why Cornerstone Insurance Nigeria continues to be a beacon of trust in the insurance industry. Let’s dive in Find out more about Cornerstone in our review

Cornerstone insurance is a Nigerian insurance company that offers a wide range of insurance products. A popular insurance company with claims of being the first insurance company in Nigeria to provide an online platform for insurance transactions.

Review of Cornerstone Insurance

 Cornerstone Insurance review.

4.0 Koboline Rating

Cornerstone insurance gets 4 stars out of 5 for overall performance. This insurance company has a variety of Insurance plans available to Nigerians. Filing a claim with Cornerstone Insurance is fairly easy.

Ratings at Koboline are determined by taking into account pricing, discounts, ease of use/filing a claim, website transparency, customer reviews, and complaint data from social media.

Cornerstone Insurance Products

Motor Insurance

Cornerstone Insurance provides third-party motor insurance that covers the following:

  • A max limit of N1 million for damage to third-party property.
  • For liability for death and bodily injuries, cornerstone gives unlimited(reasonable) cover.

To purchase motor insurance from Cornerstone you’ll need to provide your chassis number, engine number and vehicle registration number. You will also be required to upload your vehicle license document.

See: Best Insurance Companies in Nigeria

Travel Insurance

You can buy local and international travel insurance plans from Cornerstone.

When it comes to an amendment or cancellation of a travel insurance plan from Cornerstone. There are a couple of things to consider. 

You can seek an amendment for your travel insurance plan for free the first time. After that you’ll be required to purchase a new travel insurance plan. You cannot amend a plan if your visa is not granted.

Refunds are not applicable to all travel insurance policies provided by Cornerstone.

Life Insurance 

Cornerstone Life Insurance plan is strictly a protection plan with no linked investment.

This plan provides payment of a lump sum to a named beneficiary in the event of the unexpected death of the policyholder. 

This plan can be renewed annually. If the assured sum of the policy is N15 million then Cornerstone insurance requires a medical exam at no cost to the policyholder.

Also See: Top HMOs in Nigeria

Home Insurance

The home insurance plan by Cornerstone insurance provides cover for loss or damage to buildings caused by an insured peril. Such as Fire, Lightning, Explosion, flood and malicious damage amongst others.It also covers loss or damage to the contents of the buildings.

Cornerstone’s home insurance plan also provides other benefits. Medical expenses are covered up to a limit.

It covers the cost of alternative accommodation and even legal liability to the public.


An annuity is a contract between the policyholder (the buyer of the insurance plan) and the insurance company. Where the policyholder deposits a lump sum to the insurance company and gets a fixed sum paid by the company at an agreed time-frequency (Monthly or quarterly). For the rest of the policyholder’s life. 

The payment ceases upon the unfortunate death of the policyholder.

Cornerstone offers three types of annuity plans:

  • Flat annuity with no Guarantee
  • Flat annuity with 5 years
  • Flat annuity with 10 years guarantee

Checkout: What Does NHIS Cover in Nigeria?

Gadget Protection Plan (GPP)

GPP is an insurance plan that offers warranty service for broken gadgets purchased at Cornerstone-certified retail partners.

GPP is available on Konga. This plan covers broken devices like smartphones, Televisions, Tablets, Printers, PCs, Laptops and Game consoles.

Other Insurance Products by Cornerstone Insurance

The other insurance plans by Cornerstone include Health Insurance, Halal Insurance, Airtel Insurance, and Marine insurance amongst others.

How to File a Claim at Cornerstone Insurance PLC

To file a claim for a motor plan, marine plan, goods in transit plan, fire, burglary and local travel insurance plan you will need to fill out an online form on the Cornerstone Insurance website.

For other insurance plans, you’ll have to send an email to Cornerstone. 

Contact Cornerstone Insurance

To contact Cornerstone Insurance for sales, enquiries, and support. Email

To contact Cornerstone Insurance for claims lodgement, enquiries and complaints. Email

To speak to Cornerstone insurance customer care. Call 01-2806500.

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