Ghana Post Company Limited and Allianz Life Insurance Ghana have jointly launched Post Assurance, an insurance package.
Post Assurance is made up of “Allianz Apomuden” and “Allianz Anidaso.”
Alliance Apomuden has 30 days of hospital admission benefits whilst Allianz Anidaso comes with funeral benefits for the insured or beneficiaries.
In all, Post Assurance policy subscribers can pay premiums at the Post Office or through their mobile money wallets.
This comes with the benefit to make partial withdrawals and surrender the policy.
In his address, the Managing Director of Ghana Post Company Limited, James Kwofie said the decision was informed by the need to satisfy various segments of the Ghanaian market.
“Ghana post has a significant opportunity to meet the needs of customers and to promote financial inclusion in rural areas.
“Ghana post is a trusted brand and friendly to all and sundry,” he assured and further added that Ghana Post with a network of over 300 post offices nationwide, Post Assurance brings insurance products to the doorstep of every Ghanaian.
His colleague, the Chief Executive Officer of Allianz Life Insurance Ghana, Gideon Ataraire, also underscored the importance of Post Assurance.
Among other things, he said it is to sell and distribute life and non-life products.
Their products come with product innovation, affordability and education at the centre of their operations, he said.
“We want to ensure that businesses do not collapse, family dreams do not die and children’s education is not truncated due to unforeseen circumstance,” he praised the new product.