Why Public Liability Insurance is essential and compulsory!

Why Public Liability Insurance is essential and compulsory!

The public which is the people of a country in every area or community is at risk from the activities of others within the same area. These could be negligent or fault from other activities that could cause harm, injury to others, or even death. Liability insurance is a system of risk financing to protect […]

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Claims Payment is Everything; Get it right Insurers!

Claims Payment is Everything; Get it right Insurers!

Everything negative – pressure, challenges – is all an opportunity for me to rise, Kobe Bryant. It attracted my attention, a statement by the transport minister on behalf of the government concerning the recent Tema tollbooth motor accident. The Government has assured footing all medical bills of all the victims injured on Monday, 5th July […]

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No Claim Discounts (NCD)

No Claim Discounts (NCD)

INTRODUCTION Insurance is a pool of similar or same risks. The basic concept of insurance is that the losses of few are met by the contributions of many who are exposed to same or similar potential risk. It is then fair to charge the people who are bringing these risks to the pool same premium. […]

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