Audio By Carbonatix
From January 1, 2026, the Ghana Card will become mandatory for the purchase and renewal of motor and other insurance products in the country.
The new requirement was announced in a notice issued by the National Insurance Commission (NIC), which JoyBusiness has sighted.
According to the Commission, all customers will be required to present a valid Ghana Card before completing any insurance transaction.
Corporate clients will also be required to provide their Tax Identification Number when undertaking motor insurance transactions.
The NIC said the move is aimed at improving claims handling and strengthening Know Your Customer and Anti-Money Laundering measures within the insurance industry.
The Commission believes the directive will also help reduce fraud and align Ghana’s insurance sector with global financial services standards.
The development suggests the insurance industry is aligning with similar measures introduced by the Bank of Ghana, which require the Ghana Card for deposits and other financial transactions.
Latest Stories
-
‘This is horrifying’ – Minneapolis residents reel from second deadly shooting
55 seconds -
Attorney-General’s transparency merits Commendation – Kwakye Ofosu
18 minutes -
NPP will find it difficult to convince Ghanaians to choose them over NDC – Kwakye Ofosu
21 minutes -
NPP set to finalise Ayawaso East candidate without primaries
27 minutes -
Ekuban inspires late Genoa comeback in thrilling Bologna victory
27 minutes -
AG’s accusations do not equal conviction- Kwakye Ofosu
42 minutes -
Fidelity Bank deepens community impact with nationwide end-of-year social interventions
43 minutes -
Ken Ofori-Atta cannot receive special treatment under the law -Felix Kwakye
44 minutes -
Black Greek Life in Ghana: Divine Nine, NPHC and rise of Heritage Tourism
50 minutes -
280 cases of corruption are under investigation – Kwakye Ofosu
53 minutes -
IMF does not build nations; Ghana must move beyond economic stability – Solomon Owusu
57 minutes -
Joseph Opoku marks injury return with goal in Zulte Waregem’s seven-goal thriller
59 minutes -
NRA and other US gun activists push back at Trump officials over Minneapolis shooting
1 hour -
Caribbean cannabis growers eye budding domestic sales and exports
1 hour -
Job scam survivors warned as over 100 youths rescued in Ho trafficking bust
1 hour
