We are here to help you make the easier decisions to take and educate u on the covers that will best suit your particular needs in insurance.
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Hi friends, in my last post I spoke about the various types of motor insurance policies for which I mentioned them as
Third Party, Third Party Fire and Theft and Comprehensive. Well I promised that we shall take each policy one after the other.
Let's start with Third Party. The meaning of third party cover is simply put as insuring against your third party liabilities such as damage to properties of others and not yours. This cover has seen some changes since the introduction of the premium increment. The increase in premium has improved the (TPPDL) Third Party Property Damage limit to GHS2,000 instead of GHS1,000. Also a new addition is (TPI) Third Party Injure GHS 20,000.
Do you know that in Ghana it's a crime to drive any vehicle on the streets without an insurance cover? For this the police will arrest you and prosecute you.
In Ghana with respect to motor insurance, insurance companies have three many insurance covers which are; Third Party, Third Party Fire And Theft and Comprehensive. In the subsequent days we shall take each to share more light on them by stating the scope of the covers.
[02/29/16] When you take the risk of driving without insurance cover, you are not only going to be arrested by the policy but there will be far reaching exposures you will be bring to urself. Do not say it won't happen to for it could happen to you
[02/23/16] Hello friends, I wish to state that on this page we shall learn and educate ourselves on the importance of insurance in our everyday lives. We shall be discussing on weekly basis a topic on insurance and its effectiveness to improve our lives. Nonetheless your question can be posted and we will address it or you can bring your subject matter for discussion.
Are you having difficulties as to what form of insurance to take that will provide you with adequate protection?
Then we are here to give you nothing but the best advice. U can trust us with all your insurance needs.
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