Ghana has witnessed a surge in flood-related disasters in recent years, with urban areas like Accra, Kumasi, and Takoradi being the most affected. Rapid urbanization, inadequate drainage systems, and climate change have all contributed to the increasing frequency of floods. As a result, many homeowners face devastating financial losses, with little to no support to… Read More »
Owning a home is a significant investment, and for many Ghanaians, it represents years of hard work and savings. However, with increasing risks such as fire outbreaks, flooding, theft, and structural damages, protecting this valuable asset is essential. Property insurance provides homeowners in Ghana with financial security and peace of mind by covering losses and… Read More »
Auto insurance is a necessity for vehicle owners in Ghana, ensuring financial protection against accidents, theft, and damages. However, choosing the right type of insurance can be challenging, especially when deciding between Third-Party Insurance and Comprehensive Insurance. If you own a car or plan to get one, understanding the differences, benefits, and legal implications of… Read More »
Car insurance is a critical aspect of vehicle ownership in Ghana, providing financial protection in case of accidents, theft, or damage. However, many drivers remain unclear about the different types of coverage, legal requirements, and the best options available. This guide breaks down everything you need to know about car insurance in Ghana, helping you… Read More »
Healthcare access remains a critical issue in Ghana, where a significant portion of the population faces financial barriers to medical services. While the National Health Insurance Scheme (NHIS) has made strides in improving coverage, gaps still exist, especially for low-income earners and those in informal sectors. This is where microinsurance steps in—offering affordable, targeted health… Read More »
Myth #1: Life Insurance is Only for the Elderly ✅ Fact: Life Insurance is More Affordable When You’re Young Many Ghanaians believe that life insurance is only necessary when they get older. However, purchasing life insurance at a young age comes with major advantages. The younger and healthier you are, the lower your premiums. Why… Read More »
Healthcare in Ghana is a growing concern, with rising medical costs making health insurance more essential than ever. The two main types of health insurance available are the National Health Insurance Scheme (NHIS) and private health insurance. Each has its advantages and limitations, making it important for individuals and businesses to make an informed decision.… Read More »
Health is wealth, yet many Ghanaians still face financial hardships when seeking medical care. Unexpected illnesses or accidents can drain personal savings, leaving individuals and families in crisis. Health insurance provides a safety net, ensuring that medical expenses do not become a burden. Despite Ghana’s National Health Insurance Scheme (NHIS), many citizens remain uninsured or… Read More »
In Ghana, businesses are increasingly recognizing the importance of securing their assets. With the rise in unforeseen events, particularly fires, businesses face the risk of massive losses if they don’t take proper precautions. Fire and property insurance is a crucial safety net, not only protecting physical assets but also ensuring that businesses can recover from… Read More »
The insurance industry has undergone significant transformation globally, with technology playing a pivotal role in reshaping its landscape. Ghana, a rapidly developing economy in West Africa, is no exception to this trend. Insurtech— the intersection of insurance and technology— is rapidly gaining traction, providing innovative solutions that have the potential to revolutionize business insurance in… Read More »