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At A Glance

Custodian & Allied Insurance Ltd offers motor cover across comprehensive, third-party, and third-party fire and theft options. The comprehensive plan stands out for its optional out-of-Nigeria extension covering West African travel, alongside standard own-damage, fire, theft, and third-party protection, all regulated by NAICOM.

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Claims & Support

Report any incident to Custodian promptly and provide the documents requested. The comprehensive policy covers own-vehicle accidental damage, fire, and theft alongside third-party liabilities, with optional cover for specified accessories and West African use. Additional benefits such as towing, personal effects, flood, and riot cover may attract an additional premium, so confirm what your policy includes.

How to Make a Claim

  • Notify Custodian promptly after an accident, theft, or fire incident
  • Complete a claim form and submit your policy details with photographs of the damage
  • For third-party claims, provide the third party's details and a police report where applicable
  • For theft or fire, submit a police report and proof of ownership
  • For out-of-Nigeria claims, ensure the Brown Card and required documentation were obtained before travel
  • Contact Custodian customer support for repair authorisation and claim queries

Custodian and Allied Plans

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  1. 1.
    Custodian Auto Insurance (5% of car value per year) : Comprehensive cover against accidental damage to the insured vehicle, fire, and theft, plus accidental damage to the third party's vehicle and property and death or bodily injury to third parties. Optional cover includes specified vehicle sound, radio, and accessories, and an out-of-Nigeria extension for temporary use within West Africa, subject to notice and a Brown Card, at additional premium. Additional benefits include emergency medical expenses, towing to a reasonable limit, cover for personal effects following accident or theft, and flood, strike, riot and civil commotion cover at additional premium.
  2. 2.
    Third Party (₦15,000 per year) : Statutory cover against accidental damage to only the third party's vehicle, accidental damage to the third party's property, and death or bodily injury to the third party.
  3. 3.
    Third Party Fire and Theft : Adds fire and theft protection for your own vehicle to the third-party cover, alongside accidental damage to the third party's vehicle and property and death or bodily injury to the third party.

Who Should Consider This

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  1. 1.
    Drivers who travel across West Africa: The optional out-of-Nigeria extension covering temporary use within the West African shores is well suited to motorists who drive across borders for business or family reasons.
  2. 2.
    Owners who want fire and theft cover affordably: The Third Party Fire and Theft plan adds own-vehicle fire and theft protection without the full cost of comprehensive cover.
  3. 3.
    Drivers who value optional accessory cover: Owners of vehicles with valuable sound systems and accessories can specify and cover these items under the comprehensive plan.

nairaCompare Insight

 Custodian's distinctive motor feature is its out-of-Nigeria extension. Very few standard Nigerian motor plans address cross-border driving, so for anyone who regularly travels within West Africa, the option to extend cover with a Brown Card is genuinely useful and worth factoring into your decision. The ability to specify accessories such as sound systems is another practical touch.

 It is worth noting that several of Custodian's most valuable benefits, including towing, flood, and riot cover, attract an additional premium rather than being included as standard. Use nairaCompare to compare Custodian's comprehensive plan against AIICO and AXA Mansard, paying attention to which benefits are built in versus chargeable, so you can compare like for like.

About Custodian & Allied Insurance Ltd

Custodian & Allied Insurance Ltd is the general insurance subsidiary of Custodian Investment Plc, a Nigerian financial services group with interests in insurance, life assurance, trusteeship, and pensions. Founded in 1991 and headquartered in Lagos, the company underwrites auto, travel, home, fire, and general insurance and is a registered member of the Nigerian Insurers Association. It is regulated by NAICOM.

CONTACT ADDRESS 16A Commercial Avenue, Sabo, Yaba, Lagos
PHONE NUMBER +234 1 2774000-9
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