Terms of service

EarnSured is a private membership network operated by EarnSured Ltd. Joining creates a contractual relationship between you and EarnSured Ltd governed by these terms, our Privacy Policy, and any plan-specific schedules you accept at sign-up.

You must be at least 18 years old, resident in Nigeria, and able to provide verifiable identity (NIN/BVN) and a valid Nigerian bank account in your name.

You agree to pay the monthly contribution attached to your selected tier. Contributions are charged on the same calendar date each month from your nominated payment method.

• Contributions are not refundable once a billing cycle has begun.
• Missed contributions may suspend your eligibility until you bring your account current.
• Tier upgrades restart the qualifying period for the upgraded portion of cover.

Members become claim-eligible only after completing all checks in the eligibility engine, including KYC, income verification, contribution history, and the qualifying period of 180 days for individuals (90 days for employer-onboarded members).

The eligibility checklist is visible inside your dashboard. Any unmet criterion blocks claim submission and the reason is shown to you in plain language.

Claims are paid only for verified income-stopping events occurring after your eligibility date. Voluntary income loss (e.g. resignation without cause) is not covered.

• Approved monthly payout = the lowest of: 40% of verified income, the tier maximum ÷ 3, or 3× your average monthly contribution.
• Payouts are made in three monthly instalments on day 7, day 37, and day 67 after approval.
• Each instalment after the first is contingent on a monthly status check-in.
• One active claim at a time. Maximum one approved claim every 12 months.

Providing false information, forging documents, colluding with employers, or any other attempt to game the system results in permanent termination of your membership, forfeiture of contributions, and may be reported to the relevant Nigerian authorities.

The platform applies continuous risk scoring. Suspicious activity may pause payouts pending investigation.

Maximum payouts are capped per tier and per claim. EarnSured is not a bank, an emergency lender, a guarantor of any income, or a government unemployment scheme.

To the maximum extent permitted by Nigerian law, EarnSured's total liability is limited to the contributions you have paid in the preceding 12 months.

You may close your account at any time from your dashboard. EarnSured may suspend or terminate accounts for non-payment, fraud, or breach of these terms, with written notice where reasonably practicable.

We may update these terms with at least 30 days' notice by email and in-app notice. Continued membership after the effective date constitutes acceptance of the updated terms.

These terms are governed by the laws of the Federal Republic of Nigeria. Disputes will be resolved by the courts of Lagos State.

Questions? Reach legal at legal@earnsured.com.