Sunday 15th July, 2018
By
Thelma Abbey, GNA
Accra, July 15, GNA – Mr Shaibu Ali, the Vice
President of the Ghana Insurance Brokers Association, has called on the public
to purchase insurance products from registered brokers as they would get the
requisite information to guide them.
He said brokers are working harder but there
is the need for an attitudinal change on the insurance industry and urged the
public to call brokers for information on the best deal and pricing policy.
Speaking at the Ghana Insurance Brokers
Association 30th Anniversary celebration, Mr Ali urged the public to
consult insurance brokers before applying for any insurance plan.
He said insurance is changing by the day and
the ordinary motor or fire insurance are have now been improved and
reintegrated with new emerging risks such as cyber risk amongst others.
“Brokers have helped clients solve very
difficult claims that the main insurance companies would not have accepted.
They have also helped to reduce premiums as we offer relevant advice on options
available”, Mr Ali said.
He said insurance penetration in the country
is low as few people purchase insurance products and this can be attributed to
inadequate disposable income and the negative perceptions of insurance
policies.
Mr Ali said there is the need for an
attitudinal change such that people would see the need to voluntary buy
insurance for their properties and lives.
The 30 years anniversary was marked with a
medical screening and a health walk which proceeded from the National Insurance
Commission (NIC) through to Danquah Circle; to the Osu Oxford Street,
Presbyterian Church, Osu Cemetery, to the Ridge roundabout and back to the NIC.
GNA