Neither AXA Mansard's popular Jumia Protect laptop plan nor Leadway's headline device protection plan pays out if your laptop is stolen — both only cover accidental damage. If you want money back for theft, you need a different, separately priced policy: Leadway's All-Risk or Burglary and Theft insurance.
Sold through Jumia Protect, AXA Mansard's Laptop Device Protection Plan (LDPP) only applies to laptops valued between ₦1,000,001 and ₦1,500,000, and you can't buy it on its own — it has to be added at checkout alongside the device. What it actually pays for: one screen replacement if the screen breaks, and one motherboard replacement if the laptop suffers liquid damage — classified as Accidental Damage from Handling (ADH), nothing else. AXA Mansard can pay up to 100% of the laptop's value for a broken screen, but you carry a 10% policy excess on every claim. Theft, loss, and general wear aren't covered at all.
Leadway partnered with insurtech gamp to sell a Device Protection Plan at ₦1,500 a year — it covers any brand, any condition of laptop, with pickup and repair through gamp's OEM-accredited centres. It's dramatically cheaper than AXA Mansard's plan. But the trade-off is explicit in the terms: gadget theft is excluded. It's a repair-on-damage plan, not a replace-if-stolen plan.
Both insurers do sell theft cover — just not under these gadget-specific products. Leadway's All-Risk and Burglary and Theft policies cover accidental loss of, or theft of, named personal effects — including a laptop you specifically list and value on the policy schedule. Premiums for Leadway's base householder/all-risk cover start near ₦10,000 a year, but that's a general home-contents rate; adding and valuing a laptop separately raises it. Crucially, Leadway requires notification within 30 days of any incident, plus a completed claim form, photographic evidence, and a police report before it pays a theft claim.
For most remote workers, Leadway's ₦1,500/year damage plan is an easy yes — it's roughly the price of a data bundle for repair cover on your main income-earning tool. AXA Mansard's LDPP only makes sense if your laptop genuinely falls in the ₦1M–₦1.5M band and you're worried about a cracked screen or a spilled coffee, since the 10% excess still bites into any payout. For theft — the scenario remote workers actually fear when travelling, working from cafés, or shipping a laptop between cities — neither of these popular plans helps. You have to specifically shop for an All-Risk or burglary-and-theft policy and declare the laptop's value upfront.
Keep your original receipt or invoice, photos of the device, and its serial number stored somewhere off the laptop itself — a cloud note or an email to yourself works. File a police report within 24–48 hours of any theft; insurers routinely require one, and delay is one of the most common reasons theft claims get rejected outright.