Pinnacle Risk Advisory Limited, the provider of the Website and the owner of the product
known as “myinsurebank” - (referred to as 'us' or 'we' or “PRAL”), provides that its users
and customers are subject to the following terms and conditions (the 'Terms and conditions
Pinnacle Risk Advisory Limited (PRAL) is a limited liability company (RC 1439059) registered
under the Laws of Nigeria, and licensed by the National Insurance Commission (NAICOM) as
a licensed insurance agent.
By using our services, you are agreeing to all of the Terms and conditions of Service, as may
be updated by us from time to time. You should check this page regularly to take notice of
any changes we may have made to the Terms of Service.
Access to this Website is permitted on a temporary basis, and we reserve the right to
withdraw or amend the services without notice. We will not be liable if for any reason this
website is unavailable at any time or for any period. From time to time, we may restrict
access to some parts or all of this website.
This website also contains links to other websites, which are not operated by PRAL (the
'Linked Sites'). PRAL has no control over the linked sites and accepts no responsibility for
them or for any loss or damage that may arise from your use of them. Your use of the linked
Policy. By using this website, you consent to the processing described therein and you
warrant that all data provided by you is accurate and up to date.
INTELLECTUAL PROPERTY, SOFTWARE AND CONTENT
The intellectual property rights in all software and content made available to you on or
through this website remain the property of PRAL or its licensors and are protected by
copyright laws and treaties around the world. All such rights are reserved by PRAL and its
licensors. You may store, print and display the content supplied solely for your own personal
use. You are not permitted to publish, manipulate, distribute or otherwise reproduce, in any
format, any of the content or copies of the content supplied to you or which appears on this
website nor may you use any such content in connection with any business or commercial
You shall not modify, translate, decompile, disassemble or create derivative works based on
any software or accompanying documentation supplied by PRAL or its licensors. No licence
or consent is granted to you to use these marks in any way, and you agree not to use these
marks or any marks which are colourably similar without the written permission of PRAL.
When you use PRAL, or send e-mails, text messages, and other communications from your
desktop, laptops or any other device to us, you are communicating with us electronically.
You consent to receive communications from us electronically. We will communicate with
you in a variety of ways, such as by e-mail, text, in-app push notices, or by posting notices
and messages on this site. You agree that all agreements, notices, disclosures, and other
communications that we provide to you electronically satisfy any legal requirement that
such communications be in writing.
LICENSE AND ACCESS
Subject to your compliance with the terms contained in this agreement and your payment
of any applicable fees, PRAL or its content providers grant you a limited, non-exclusive, non-
transferable, non-sub licensable license to access and make personal and non-commercial
use of the PRAL Services. This license does not include any resale or commercial use of any
PRAL Service, or its contents; any collection and use of any product listings, descriptions, or
prices; any derivative use of any PRAL Service or its contents; any downloading, copying, or
other use of account information for the benefit of any third party; or any use of data
mining, robots, or similar data gathering and extraction tools. All rights not expressly
granted to you in these Conditions of Use or any Service Terms are reserved and retained by
PRAL or its licensors, suppliers, publishers, or other content providers. No PRAL Service, nor
any part of any PRAL Service, may be reproduced, duplicated, copied, sold, resold, visited, or
otherwise exploited for any commercial purpose without express written consent of PRAL.
You shall not frame or utilize framing techniques to enclose any trademark, logo, or other
proprietary information (including images, text, page layout, or form) of PRAL without
express written consent. You may not use any meta tags or any other 'hidden text' utilizing
PRAL’s name or trademarks without the express written consent of PRAL You shall not
misuse the PRAL Services. You shall use the PRAL Services only as permitted by law. The
licenses granted by PRAL terminate if you do not comply with these Conditions of Use or any
PRODUCTS & SERVICES
This website/platform is a marketplace which allows insurance companies domicile in
Nigeria to sell their products and for the user to report insurance claims. For avoidance of
doubt, none of the products listed on our website is owned or sold by PRAL. The products
are owned and sold by the individual insurance companies as listed on our website. PRAL
through this site, purely acts as a broker by providing a platform through which the
members of the public may pay their premium, and get insured. It is also serves as a
platform through which the insured could report a claim provided the cover was purchased
using this platform.
The user of this platform agrees that PRAL would be held free from any liability in contract,
pre-contract or other representations in tort, for all transactions conducted on this
platform. For avoidance of doubt, upon confirmation of receipt of payment made on this
website / platform, a contract is formed strictly between the user of this website / platform
and the insurance company whose policy has been subscribed to.
If you use PRAL’s Service, you are responsible for maintaining the confidentiality of your
account and password and for restricting access to your computer, and you agree to accept
responsibility for all activities that occur under your account or password. PRAL does sell
products for children, but it sells them to adults, who can purchase with a credit card or
other permitted payment method. If you are under 18, you may use PRAL’s Services only
with involvement of a parent or guardian. PRAL reserves the right to refuse service,
terminate accounts, remove or edit content, or cancel orders in its sole discretion.
PRAL attempts to be as accurate as possible in the description of products. However, PRAL
does not warrant that product descriptions or other contents are accurate, complete,
reliable, current, or error-free. Description of products as seen on our website/platform are
as posted by the insurance companies. If a product offered on the website / platform is not
as described, your sole remedy is a refund provided the product is unused.
TERMS OF SALE
By purchasing a product on this platform, you are subject to the following terms and
All subscriptions payments on this website / platform are subject to confirmation.
PRAL retains the right to refuse any purchase made by you, and PRAL reserves the
right to close your PRAL account at its sole discretion.
If a purchase made by you is accepted, we will inform you by email and we will
confirm the name of the insurance company you have contracted with. Please note
that PRAL is not acting as either an agent or principal of the insurance company. The
contract is made between yourself and the insurance company and will be subject to
the terms of sale which the particular insurance company will supply to you.
When subscribing, you undertake that all details you provide to us are true and
accurate, that you are an authorised user of the credit or debit card used to place
your order and that there are sufficient funds to cover the cost of the goods.
If you are dissatisfied with the Site or with any terms, conditions, rules, policies,
guidelines, or practices of PRAL in operating the Site, your sole and exclusive remedy
is to discontinue using the Site.
When you pay for a policy through our website / platform, you will receive an
acknowledgement e-mail confirming receipt of your order. This email will only be an
acknowledgement and will not constitute acceptance of your subscription. A contract is only
formed between you and the insurance company when your payment has been approved
by us and we have debited your credit or debit card.
You agree to indemnify, defend and hold harmless PRAL, its directors, officers, employees,
consultants, agents, and affiliates, from any and all third party claims, liability, damages
and/or costs (including, but not limited to, legal fees) arising from your use this Website or
your breach of the Terms of Service.
PRAL shall have the right in its absolute discretion at any time and without notice to amend,
remove or vary the Services and/or any page of this Website.
If you have any queries or complaints, kindly call us on 08173639605 or send us an email on
Non- enforcement of any of PRAL’s rights at a particular time will still entitle us to our rights
and remedies at any other time and situation.
DISCLAIMER OF WARRANTIES AND LIMITATION OF LIABILITY
All information, content, materials, products (including software) and other services
included on or otherwise made available to you through this website are provided by PRAL
on an 'as is' and 'as available' basis, unless otherwise specified in writing. PRAL makes no
representations or warranties of any kind, express or implied, as to the operation of the
website, or the information, content, materials, products (including software) or other
services included on or otherwise made available to you through the website, unless
otherwise specified in writing. You expressly agree that your use of the website is at your
To the full extent permissible by applicable law, PRAL disclaims all warranties, express or
implied, including, but not limited to, implied warranties of merchantability and fitness for a
particular purpose. PRAL does not warrant that the website, information, content,
materials, products (including software) or other services included on or otherwise made
available to you through the website PRAL 's servers or electronic communications sent
from PRAL are free of viruses or other harmful components. PRAL will not be liable for any
damages of any kind arising from The use of the website, or from any information, content,
materials, products (including software) or other services included on or otherwise made
available to you through the website, including, but not limited to direct, indirect, incidental,
punitive, and consequential damages, unless otherwise specified in writing.
If any clause or term of this Agreement should be invalid, unenforceable or illegal, then such
clause or term will be deemed to be severable and will not affect the validity of the
remaining terms and provisions of this Agreement which will continue in full force.
If any dispute arises as a result of the use of this website, the aggrieved party and PRAL shall
endeavour to settle the dispute between each other at first instance through a notification
sent to the office of PRAL by e-mail. If an amicable resolution is not reached between
parties, the dispute shall be finally resolved through arbitration as governed by the
Arbitration of Conciliation Act of Nigeria, CAP A.18 LFN 2004.
This Terms and Conditions of Service shall be governed by the laws of the Federal Republic
The above Terms of Service constitute the entire agreement of the parties and supersede
any and all preceding and contemporaneous agreements between you and PRAL.