Insurance Brokerage Firm

Run a NAICOM-licensed insurance brokerage placing life, health, motor, and business policies for individuals and corporates, earning commission per policy.

Monthly Potential

₦1.5M–₦12.0M

Difficulty

Advanced

Capital Needed

₦15,000,000

Income Period

Per Month

🧠 Skills You'll Need

Insurance Sales Client Relations Regulatory Compliance

📍 Works Best In

Lagos Abuja Port Harcourt Nationwide

🚀 How to Get Started

1

Register the brokerage and obtain NAICOM licensing
2

Partner with multiple underwriters for a full product range
3

Build a corporate client base for group policies
4

Advise individuals on life, health, and motor insurance needs
5

Earn recurring commission on policy renewals

🎓 Sign Up Free to Get Insurance Brokerage Firm Course

💰 Ways to Fund This

NIRSAL Microfinance Bank — Targeted Credit Facility (TCF)

₦50,000–₦25,000,000

Microloan

Nigerian household, micro-enterprise, or small business; originally COVID-era, has continued as a general SME/household facility — confirm current status before applying.

📊 5% per annum interest — among the cheapest business credit available in Nigeria.

🌐 Apply

⚠️ Informational only — not financial advice. Confirm current terms directly with each provider before applying, and borrow only what you can repay.