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NIC embarks on public education on Covid-19 micro insurance premium subsidies

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The National Insurance Commission in the Upper East Region has embarked on an exercise dubbed “Public education on Covid-19 micro insurance premium subsidies for low-income individuals and Micro, Small, and Medium-sized Enterprises.”

The project is aimed at providing adequate insurance coverage to the public, especially victims of the coronavirus pandemic.

According to the NIC and their development partners, the Dentsche Gesellschaft fur International Zusammenarbeit (GIZ), they have achieved a significant milestone in developing the micro and inclusive insurance space.

Therefore, it has become important for them, together with the insurance companies, to provide insurance cover to the public.

At a recent meeting with the Ghana Private Road Transport Union (GPRTU) in Bolgatanga, the Upper East Regional Head of the National Insurance Commission, Ernest Osei Adofo said the new product is for low-income people and therefore his outfit will be meeting with various groups in that bracket in the coming days to in order to educate them on the new product.

“The GIZ, National Insurance Commission and some selected insurance companies have decided to come out with a new product that will give protection to the COVID-19 deaths. So it is important that the public is made aware of this arrangement and the insurance companies that are involved are equally made known to the public.”

Abdul Fatawu Atinga, the Upper East Regional Chairman of the GPRTU said his outfit has been encouraging members to patronise the service of insurance companies. He noted that the challenges his members have are the difficulties in getting their insurance claims.

The insurance companies in the Upper East Region that supported the public education on micro insurance include SIC Branch Bolgatanga, SALAMLIFE Insurance Company, Ayo Insurance Company, Bolgatanga.

Meanwhile, the Education Drive is fully funded by GIZ.

Source: A1Radioonline.Com|101.1MHZ|David Azure |Bolgatanga|

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