What Are the Functions of Insurance Companies?

The money you pay for your business's many insurance premiums might seem to be a waste, especially if you never claim a loss. But the primary function of an insurance company is to safeguard your business against such losses.  The type of business you own determines the type of insurance you need. The government requires you to have certain types of insurance...

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Importance of Insurance to Businesses and Individuals

Insurance has evolved as a process of safeguarding the interest of people from loss and uncertainty. It may be described as a social device to reduce or eliminate risk of loss to life and property. The insurance has been useful to the business society also. Some of the uses are discussed below: Read Also: List of Insurance Companies in Ghana                   ...

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What is 'Insurance' - Insurance Definition

Insurance is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company. The company pools clients' risks to make payments more affordable for the insured.Insurance policies are used to hedge against the risk of financial losses, both big and small, that may result from damage...

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List of Insurance Companies in Ghana

There are 53 insurance companies in Ghana, with 23 life insurer companies, 26 non-life insurers and 4 reinsurer companies. Are you looking for an insurance company? Here is the list of the insurance companies in Ghana, 2017. List of Life Insurers 1. Adamas Life Assurance Company Limited 2. A-Plus Life Assurance Company Limited 3. Capital Express Assurance (Gh) Ltd. 4....

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Akufo-Addo Government to Have Worst Record in History – Adams

At the pace, President Akufo-Addo is going with his administration, he might set record for the wrong reasons, the National Organizer of the opposition NDC, Kofi Adams has said. Adams feels several decisions taken by the President could be politically costly, especially his ‘elephant government’ that has come under serious criticisms for the past few days. Read Also:...

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Nana Addo Running a 'Family and Friends' Government - PPP

The leadership of the Progressive Peoples Party PPP has accused President Nana Akufo-Addo of running a “family and friends” government in the wake of his appointments of new ministers and other appointees. Read Also: Ghanaians Are Fast Losing Hope in Akufo-Addo – Omane Boamah Speaking at a press conference on Monday, the national chairman of the PPP, Nii Allotey Brew-Hammond...

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