Best Travel Insurance for Nigerians in 2025: Complete Guide

Planning a trip outside Nigeria this year? Whether you’re heading out for school, work, family visits, or a much-needed holiday, one thing you shouldn’t skip is travel insurance.

Flights can be delayed, bags can go missing, and healthcare abroad can be unbelievably expensive — even for minor issues. A good travel insurance plan keeps you protected, financially covered, and gives you peace of mind from the day you book your flight till you return home.

This guide breaks down the best travel insurance options for Nigerians in 2025, what each plan covers, and how to choose one that matches your destination, travel style, and budget.

Why Travel Insurance is Essential for Nigerian Travelers 

Travel insurance serves as a safety net when you're away from home, protecting you from unexpected situations that could otherwise leave you financially vulnerable. For Nigerians traveling internationally, comprehensive travel insurance is particularly important due to: 

• High medical costs in foreign countries 

• No reciprocal healthcare agreements with most nations 

• Visa requirements (especially for Schengen countries) 

• Risk of trip cancellations and lost luggage 

• Emergency evacuation needs in case of serious illness or injury 

Top Travel Insurance Companies for Nigerians in 2025 

1. AXA Mansard Travel Insurance

AXA Mansard offers some of the most comprehensive travel insurance plans for Nigerians. Their packages include worldwide coverage with options for both short-term trips and annual multi-trip policies. 

Key Features: 

• Emergency medical expenses coverage up to $150,000 

• 24/7 global assistance services 

• Coverage for trip cancellation and interruption 

• Lost baggage protection 

• Accepted by all Schengen embassies 

2. Leadway Assurance

Leadway provides tailored travel insurance solutions for different traveler needs with fair pricing and extensive coverage options. 

Key Features: 

• Plans for various trip types (holiday, business, educational) 

• Comprehensive medical coverage 

• Global emergency assistance 

• Competitive rates with flexible payment options 

• Excellent customer service reputation 

3. AIICO Insurance

AIICO's travel insurance packages are recognized and accepted by all Schengen and non-Schengen embassies, making them ideal for international travelers. 

Key Features: 

• International health insurance for Schengen member states 

• 24/7 emergency assistance 

• Medical expenses coverage 

• Trip cancellation benefits 

• Available for both corporate entities and individuals 

4. Allianz Nigeria

Partnering with Allianz Global Assistance, Allianz Nigeria offers international travel insurance that meets embassy requirements worldwide. 

Key Features: 

• Emergency medical expenses coverage 

• Minimum €30,000 coverage for Schengen visa requirements 

• Free cover for children under 18 years (with family plan) 

• Worldwide assistance network 

• Bronze, Silver, and Gold plan options 

5. Industrial and General Insurance (IGI)

IGI offers comprehensive and affordable travel health insurance policies with international backing. 

Key Features: 

• Underwritten by major international health insurers 

• Coverage in 194 countries, including the USA 

• Emergency medical evacuation benefits 

• Lost documents assistance 

• Worldwide coverage options 

Types of Travel Insurance Coverage 

When selecting travel insurance, consider these essential coverage components: 

Medical Coverage 

Covers emergency medical expenses, hospital stays, and doctor visits. Most Schengen countries require at least €30,000 of medical coverage. 

Trip Cancellation/Interruption 

Reimburses non-refundable trip costs if you need to cancel or cut short your journey due to covered reasons like illness or family emergencies. 

Baggage and Personal Belongings 

Provides compensation for lost, stolen, or damaged luggage and personal items during your travels. 

Emergency Evacuation 

Covers the cost of emergency medical transportation to the nearest adequate medical facility or back to Nigeria if necessary. 

Travel Assistance Services 

Offers 24/7 help with travel emergencies, including assistance with lost passports, legal referrals, and language interpretation services. 

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Choosing the Right Plan for Your Needs 

Consider these factors when selecting travel insurance: 

1. Destination Requirements: Schengen countries require a minimum coverage of €30,0,00 while other destinations may have different requirements. 
    
2. Trip Duration: Short-term plans work for single trips, while frequent travelers should consider annual multi-trip policies.
    
3. Coverage Limits: Ensure medical coverage limits are sufficient for your destination (minimum ₦10-20 million for most international travel). 
    
4. Pre-existing Conditions: Check if your policy covers pre-existing medical conditions or offers a waiver option. 
    
5. Policy Exclusions: Understand what isn't covered, such as extreme sports, certain medical treatments, or travel to high-risk areas. 
   

Tips for Nigerian Travelers 

• Purchase insurance immediately after booking your trip to maximize trip cancellation benefits 

• Keep digital and physical copies of your insurance documents 

• Save emergency contact numbers for your insurance provider 

• Understand the claims process before traveling 

• Compare travel insurance plans to find the best rates 

FAQs About Travel Insurance for Nigerians 

Is travel insurance mandatory for Nigerians traveling abroad? While not always legally required, travel insurance is mandatory for Schengen visa applications and strongly recommended for all international travel. 

How much does travel insurance cost for Nigerians? Costs vary based on destination, duration, and coverage level, but typically range from ₦15,000 to ₦50,000 for a two-week trip to Europe or North America. 

Does travel insurance cover COVID-19-related issues? Many insurers now offer COVID-19 coverage, but specific benefits vary. Always verify coronavirus coverage details before purchasing. 

Can I buy travel insurance if I've already started my trip? While possible with some providers, it's best to purchase insurance before departure to ensure full benefits, especially trip cancellation coverage. 

How do I claim my travel insurance? Contact your insurance provider immediately when an incident occurs, follow their claims process, and submit all required documentation promptly. 

Final Thoughts

Traveling abroad is exciting, but things can go wrong when you least expect them. With the right travel insurance plan, you protect your health, your money, and your peace of mind. Take your time to compare options, read the fine print, and choose a plan that truly matches your destination and travel lifestyle.