MD of Hollard Assurance, Nashiru Iddrisu, is applauded by Cynthia Ofori Dwomfuor, an official of the company to unveil the Adepa Three
HOLLARD LIFE Assurance on Tuesday introduced three new life insurance products dubbed the “Adepa Three” in Accra.
According
to Nashiru Iddrisu, Managing Director, Hollard Life Assurance Ghana, the
introduction of the ‘Adepa Three’ followed
the success of the Adepa Family Plan, which was launched last year.
He
said as a product that covered every member of the nuclear and extended family
up to 24 others, the Adepa Family plan also gave free cover to five of the
policyholder’s children with a guaranteed 20% of premium as money back after
every five years, whether a claim was made or not.
Commenting
on the new products Mr Iddrisu noted: Adepa
Wo Fie is a simple family-oriented plan with a single premium where
spouses and five of their children are covered for free. Seven members of the family
could be covered. Adepa Goal Save
is designed for everyone with a specific target goal within a medium to long
term. Given the set goals and timeline, Hollard will quote the fixed monthly
contributions needed to achieve the goal set. Your goal amount is assured even
in the event of death.
“In the case of Adepa Savings Plan, it isdesigned for everyone who has a need for savings
and a much secured future, especially those who earn regular incomes. The plan
permits partial withdrawals and gives very flexible access to policy benefits
after five years.”
Hollard
Ghana Holdings Limited, a subsidiary of Hollard International, which manages
the international portfolio of the Hollard Group and currently operating in 18
countries in Africa and Asia, was established with a vision to become Ghana’s
number one insurance group.
Hollard
Insurance Ghana, formerly called Metropolitan Insurance Company (MET), operated
successfully in Ghana for 25 years, until it was rebranded as Hollard Insurance
Ghana in 2015, while Hollard Life
Assurance Ghana started trading in 2018. Both are subsidiaries of
Hollard Ghana Holdings.
A business desk report
