International records / OpenAlex research

Co-Operative Insurance in Nigeria: Challenges and Issues

Insurance is a mechanism through which members of the society channel their resources into a pool in order to address the impact of perils that could cause devastating losses to them. Insurance per se is a form of cooperatives for the pooling of funds for the purposes of indemnify losses. This study reviewed the operations of the cooperative insurance model through looking at their challenges, and benefits to the public. This study involved the use of primary data which collected from the respondents who were staff of co-operative insurance societies whose numbers could not be ascertained as a…