APPRAISAL OF INSURANCE POLICY IN INDIGENOUS CONSTRUCTION COMPANIES IN NIGERIA
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Abstract
This research is carried out to appraise the insurance policy by indigenous construction companies in Nigeria, the main objective of the researcher is to give a concise analysis of the existence of their importance and the need of insurance policy in indigenous construction companies in Nigeria, The method of evaluation used were questionnaires administered and relevant literatures were reviewed. The finding of this research shows that deficiencies in the full implementation of the insurance policies and enforcement of the insurance act by indigenous construction and factors militating proper application of the insurance policies. It therefore recommends that the level of awareness of insurance services should be increased and government should control and monitor the implementation and enforce the insurance act.
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