FAQ’s

Find quick answers to common questions about BASC, our unique earning model, insurance products, and how you can join our growing community.

Faq’s

Frequently Asked Questions

BASC is a business associate network platform designed to empower individuals to earn income through
insurance sales, team growth, and profit sharing. While it operates with a structured referral and spillover
system like a traditional MLM, BASC is focused specifically on licensed insurance products and compliant
income distribution

Yes. One of the key benefits of BASC is that you can still earn through spillover, even if you’re not actively
selling. As long as you're an activated business associate, the system places new members under your
structure, allowing you to benefit from the activity and sales of others in your cluster

At this stage, we offer Third-Party Motor Insurance only, which is:
Sold through Fobex Insurance Brokers
Underwritten by Capital Express Assurance Ltd, our approved insurer
This product is legally required for all vehicle owners in Nigeria and offers massive sales potential due to
its affordability and simplicity

Spillover occurs when new business associates introduced by your upline (sponsor) are placed within your
team structure. You benefit from their activities (such as referrals or insurance policy sales), creating
income opportunities even without direct recruitment

There are four key ways to earn:

  1. Direct Commission: When you sell third-party insurance
  2. Referral Bonus: When you personally refer others to join
  3. Spillover Earnings: From activity in your cluster, even without your input
  4. Profit-Based Dividends: Shared from the platform’s total insurance revenue pool

Absolutely. All insurance transactions are handled professionally through:
Fobex Insurance Brokers (registered and licensed)
Capital Express Assurance Ltd (a reputable indemnity insurance provider)
BASC operates as a sales and profit-sharing structure, not as a licensed insurance provider

Dividends are calculated from the net profit generated through total insurance premiums on the platform.
These are then distributed based on:

  1. Your cluster level or rank
  2. Team size and sales volume
  3. Duration of active participation
  4. Overall structure performance
  5. Dividends are paid monthly or quarterly to eligible business associates

Joining BASC requires a one-time activation fee of ₦15,000.00.
Once activated, you get full access to your BASC Digital Dashboard, which includes:
• Access to Spillover & Commission Structure
Watch your network grow and see how commissions flow through multiple levels.
• Free PIN on Activation
Every activated Business Associate receives one FREE PIN to activate a Third Party Motor Insurance policy
for any car or SUV.
• Training & Marketing Support
Access step-by-step guides, promo materials, and expert sales tips to help you succeed.
• Wallet System & Instant Payouts
Easily track your income and withdraw commissions at any time.
• Flexible Entry Levels

Why Choose Us

Why We’re Better than Others

We combine essential security with a unique income opportunity, fostering a community where everyone rises together through our innovative spillover strategy.
Awards Win
0 %
Insurance Polices
0 +
Satisified Customers
0 %

Get a Quote

Secure & Empower Your Finances with BASC

Inquire about insurance and earn dividends through our financial growth system.