Our Services
We provide a wide range of Services
Life Insurance
We are readily available to guide you through the choices you make with respect to your life insurance and guarantee peace of mind and sound financial security through end-to-end insurance broking.
It is a policy that lasts for a specific period of time, Most of the products in the Ghanaian industry typically ranging from, 10, or 15 years to specific ages. You pay premiums until the expiry of the term, and if insured life dies within the term policy period the beneficiaries are entitled to a sum assured.
We provide our clients advisory support in choosing the best Term Life insurance package that could possibly pay back all their premiums (cash) back over a period of time whether or not a claim is made within the term of the policy.
It is possible for policyholders to renew a term policy at its expiration with new terms and conditions of the policy.
Some Examples of Life insurance include but not limited to
- Credit Life Policy: this is a specialized type of policy intended to pay off specific outstanding debts in case the borrower dies or becomes totally and permanently disabled. The loan or credit facility decreases proportionately with the outstanding loan amount as the loan is paid off over time.
this is a specific type of insurance policy primarily designed for business owners and people playing key roles in the survival of a business entity. These policies are designed to compensate the business when a key person dies or becomes disabled and can no longer fulfill their role.
A key person is generally anyone whose skills and/or knowledge contribute significantly to the business’s revenues and profitability. That may include:
- Business owners or partners
- Members of top management or executive leadership team
- Top sales people
- Top Production Team
This policy covers the loan taken to purchase a house and its purpose is used to pay off any outstanding amount owed a lending institution when the borrower dies so that their loved ones can enjoy the house.
Group life insurance is a type of life insurance in which a single contract covers an entire group of people. Typically, the policy owner could be an employer or an entity such as a labour organization, association and the policy covers the employees or members of the group.
This is a contract that requires the health insurance company to pay some or all of a person’s healthcare costs in exchange for a premium. More specifically, health insurance in Ghana typically pays for Out Patient cost, In-patient or admission cost, surgical, prescription drug, laboratory optical and sometimes dental expenses incurred by the insured. Health insurance can reimburse the insured for expenses incurred from illness or injury, or pay the care provider directly.
Our Health insurance covers gives the employer benefit packages as a means of enticing quality employees by giving them adequate covers for themselves and family. Individual clients can also buy from our range of micro health plans designed for the informal sector.
General Insurance
Motor insurance is an insurance policy that covers the policyholder in case of financial losses – resulting from an accident or other damages – sustained by the insured vehicle. A comprehensive motor insurance policy covers damages to third-party and third-party property along with compensating for own losses as well. Let’s learn more.
An asset all risk policy offers a broad scope of cover that is intended to insure all the assets of a company or entity. This business insurance is designed with strategically to insure these assets in one policy document that is customized according to the specific needs of the client.
Burglary insurance is a policy that covers losses or damage resulting from unlawful breaking and entering of designated premises or places of safekeeping. Burglary Insurance policy provides financial compensation against loss or damage to property contained in ones premises by acts of Burglary.
Consequential loss insurance is also known as Business Interruption Insurance. The policy can be arranged to pay for the loss of profit, standing charges, daily sales, additional cost of working or charges which may be incurred to kick start the business operation after a loss (e.g. from a fire).
Directors and officers liability Insurance is liability insurance payable to the directors and officers of a company, or to the organization itself, as indemnification for losses or advancement of defense costs in the event an insured suffers such a loss as a result of a legal action brought for alleged wrongful acts in their capacity as directors and officers. Such coverage can extend to defense costs arising out of criminal and regulatory investigations/ trials as well; in fact, often civil.
The standard perils covered under the Fire and Allied policy are fire, lightning earthquake, storm, tempest, flood, bursting overflowing of water tanks and apparatus impact damage, aircraft damage, riot strike, malicious damage, and explosion.
This policy cover can also suffer several additional hazards. This could vary, each policy is designed for the clients specific needs.
This is a group insurance policy that covers accident mainly for the employees or group of people under corporate group insurance. It is available for both, the employees and board or owner of a company.
This insurance provides comprehensive financial protection against hefty expenses incurred due to the disablement of the insured in accordance with the terms and conditions mentioned in the policy. The terms include conditions of disablement or death.
The general benefits included are-
- Medical expenses incurred due to accidents
- Permanent partial disability caused by an accident
- Permanent total disability due to the accident
- Accidental death
A fidelity guarantee insurance policy will typically cover any losses of an employer due to an act of fraud, dishonesty, stolen money or goods or forgery of an employee. For example, if an employee forges the signature on a document and due to that the business sustains financial losses, then a claim could be made for the loss with the fidelity guarantee insurance.
Goods-In-Transit (GIT) Insurance
This is a type of insurance policy that covers goods or items or personal belongings while they’re being moved from one place to another. This normally applies to goods transported over land including automobile, rail, air, or ferries in connection with land transport. As a result, transportation by ocean marine vessels are excluded and require a special type of marine policy. These policies typically give you coverage from the time it is loaded onto the specified method of conveyance (a truck, for example) until it reaches the destination declared on the policy.
It covers property in transportation through all stages of the journey including:
- Packing and unpacking.
- Loading or unloading.
- Transportation.
- Storage of goods during the move.
It also covers the damage or loss of the goods while in transit due to mishandling or other forms of damage such as accidents, explosions, impact fires, theft, and malicious damage.
Marine Insurance
Two main types; Hull and Cargo
This insurance cover provides material damage cover for commercial vessels engaged in harbour, inland, and coastal operations. It can also be extended to cover damage to machinery, third party liability to passengers or other people’s property, and loss of earnings.
Marine cargo insurance is a type of property insurance. It secures goods while in transit against loss or damage. Such issues can arise from dangers associated with the navigation of the sea waterways.
Bonds
Bond insurance, also known as ” financial guaranty insurance “, is a type of insurance whereby an insurance company guarantees scheduled payments of interest and principal on a bond or other security in the event of a payment default by the issuer of the bond or security. Some of the popular Bonds are, Bid Bonds, Performance Bond, Advance Payment guarantee/Mobilization bond etc. we are able to facilitate Insurance Bonds to our clients bearing in mind the wording of the bond and all the conditions and we are able to advise clients accordingly.