Mitigating the 30% Risk: Inside new plan to insure smartphones in Nigeria

Businessday | 30-05-2026 05:38pm |

Cube Cover has partnered with SLOT to introduce an automated insurtech solution aimed at addressing the rising costs associated with smartphone maintenance in Nigeria. This initiative comes in response to the significant financial burden placed on consumers due to the 30% risk of damage or loss of smartphones. The collaboration seeks to provide affordable insurance options that will help mitigate these risks and ensure that users can maintain their devices without incurring excessive costs. The new plan is expected to enhance accessibility to smartphone insurance for a broader segment of the Nigerian population.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.