GLICO General, an insurance firm has launched two insurance policies, the Homeowners Insurance Club and the GLICO Motor Club.
The policies will offer customers added benefits to their Home insurance and Motor Comprehensive policies at no additional cost.
Speaking during the launch at its Swisspot Office in Accra, the Chief Business Development Officer at GLICO General, Charles Graham- Mensah, said the insurance policies will make the lives of Ghanaians comfortable.
He explained the benefits of the policies to Citi News.
“So, we have the Homeowners policy and the Motor Club. The Motor Club is open to all individual comprehensive policyholders. Your premiums should be a minimum of 2000 Ghana Cedis. Imagine you’re driving in the middle of the Tema motorway at 12am and your car decided to start coughing or you get a problem with your vehicle? What do you do in the middle of nowhere? Well. The club will offer you subsidized roadside assistance. You can easily call, and at any time somebody will come to your assistance.”
“For the homeowners’ club, anyone who will qualify for this has to have a minimum premium of 500 cedis, and you’ll be entitled to the following benefits. Free Virtual medical consultation, medical services, including ambulance delivery or prescribed medicines; medical laboratory services, exciting free limits of cover for content and accidents up to GHc10,000”.
The launch saw Ghanaian actress Nadia Buhari, and Ghanaian musician Joe Mettle being unveiled as brand ambassadors for the insurance policies.
For the newly elected President of the Insurance Brokers Association of Ghana, Ali Shaibu Glico General’s intervention is apt and urged all insurance companies to adopt innovation in discharging their duties.
“We have gotten to a point in the life of the industry when the customer or the consumer has become so sophisticated that they are questioned. Every single thing, every that they pay a premium, they are questioning what they get in return for it. We need to be ready to go the extra mile. That is where innovation comes in. And today the consumer demands more from us. So, the person has bought Motor insurance, what can you do within the remit of what the regulator is saying? So, what Glico is doing is apt using what you have to get what you don’t have, it’s simple”.
“Since the execution of these benefits is in conjunction with GLICO Healthcare, the GLICO General Marketer/Underwriter must immediately inform GLICO Healthcare and share the policy details with them accordingly. This will enable them to generate an access code that will be used by clients to redeem these added benefits. Underwriters must indicate this access code on a loyalty card which will be provided to all branches.”