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Insurance

Why are insurance policies impossible to read?

Reading an insurance policy can be nearly impossible at times. The insurance carriers use standard policy forms, which are catered specifically to you. For the most part, anyway. You may wonder what the policy is actually saying, and…

Employer Liability Insurance is mandatory – SIC

The Employer Liability Insurance is mandatory under the Insurance Act, 2021 (Act1061), as well as the Workmen’s Compensation Act, which provides indemnity in respect of an employer's legal liability to the employees for occupational injury…

SSNIT increases monthly pensions by 10%

The Social Security and National Insurance Trust (SSNIT) has indexed monthly pensions upwards by 10 per cent for the year 2022. This was done in consultation with the National Pensions Regulatory Authority and in line with Section 80 of…

SSNIT extends deadline for Ghana Card merger

From July 1, 2022, the Ghana Card will be the only identification card recognised by the Social Security and National Insurance Trust (SSNIT), the Management of the Trust has said. This follows an extension of the deadline for Members of…

Get insured for old age – Musicians told

Nana Akua Apeatsewah II, Queen Mother of Abura Yamoa Traditional Area has asked musicians to get insured and invest in their retirement to relieve them of their financial burdens when they advance in age . Nana Apeatsewah, who is also…