Audio By Carbonatix
Priority Insurance Company Limited has called on government to prioritise the insurance of key state properties and assets against unforeseen circumstances.
Felix Akyea-Bekoe, General Manager of Operations at Priority Insurance Limited, added that government of Ghana must enforce regulations to ensure that all public institutions and assets are insured to prevent allocation of unbudgeted amounts of money to pay compensation to people in times of emergency by the state.
“I am using this platform to advocate for the enforcement of regulations to ensure that, all state institutions and assets are insured so that when there’s an accident, the victims will be compensated by the insurance company he said.
Mr Akyea-Bekoe was speaking at Priority Insurance Company Limited’s Tarkwa branch while embarking on a sensitisation programme for commercial drivers and public/private institutions in four constituencies in the Western Region.
He also called on institutions to ensure that their workers were insured against any peril that could lead to death or permanent disability, which is a fulfilment of the law (Insurance Act 2021, Act 1061)Â that makes it compulsory for any commercial establishment to have a Commercial Property Insurance, which comes with public liability to protect those that visit the establishment to transact business.
Mr Akyea-Bekoe said, “If a visitor gets injured at the premises of any governmental/private institution, the law mandates the institution to compensate the person for the cause of injury, pain and suffering, including the payment of medical bills”.
Latest Stories
-
Charcoal is now Ghana’s biggest inflation driver as prices soar by 50% – Government Statistician
50 minutes -
Trump says deal to end Iran war is close after calling off strikes
1 hour -
Elon Musk’s SpaceX raises $75bn ahead of record stock market debut
1 hour -
Police investigate ‘8647’ written in grass on US national mall
4 hours -
Flood crisis worsening because we fail to fund solutions – Oppong Nkrumah
4 hours -
Inflation falls, but tomato prices surge nearly 39% in a month – Government Statistician
5 hours -
GNPC staff mark 40 years by transforming Tema nursery school
5 hours -
Corporate giants, century-old brands to be honoured at Ghana Platinum Excellence Awards
5 hours -
Sales boy captured on CCTV cameras stealing, jailed 36 months  Â
5 hours -
Court strikes out application to dismiss East Legon property caseÂ
5 hours -
Court gives prosecution final chance in Mamprobi Hospital baby theft case to file disclosures
5 hours -
Motorists and pedestrians decry worsening encroachment on roads and pavements in Avenor
6 hours -
Driver remanded for breaking into lawyer’s chambers and stealing GH¢750,000
6 hours -
Adu-Boahene trial: Witness denies claims of inter-branch fund transfers
6 hours -
Forklift operator in trouble over $100,000 worth of stolen raw materialsÂ
6 hours