Skip to main content

Enterprise Life introduces two new products

By: Fred Yaw Sarpong

Enterprise Life, one of the leading life insurance companies in the country has introduced two new products dubbed the Executive Plus Plan and the Living Plan Plus unto the insurance market.

According to the company, the two products have been designed to meet the needs of those in executive position and those within the middle class level. The products are similar in terms of what they offer.

Mr. Ben Birch-Mensah, Assistant General Manager in charge of special projects said the Enterprise Executive Plus Plan and Enterprise Living Plus Plan serve virtually the same purposes but the Executive plan is for persons such as managers, business owners, CEOs and others.

He explained that the executive plus covers death, disability, critical illness and among others. However, the policy holder can have access to a funeral cover up to GHc50,000 on the plan.

He mentioned that all these are optional covers individual can take. Apart from that the individual can also opt for investment plan which includes educational support and a retirement plan.

“A lot of things influenced our decision to design these products for the targeted clients. We took into consideration of how people will want to celebration their love ones,” he explained.

He further explained that while the Executive plan is given GHc50,000 for the optional benefits for funeral, the living plan is offering GHc20,000. “Where the Executive is also given GHc1,500 for hospitalization, the living is given half of that amount (GHc750) per a day. But there is a condition which says that you have to be hospitalized for at least three days or two nights to enjoy those benefits,” he added

Touching on the premium, Mr. Birch-Mensah said the premium will depend on the benefits the policy holder wants to have. “Sum assured you chose will determine the premium you are expected to pay and the premium is also influence by the client’s age,” he mentioned.

“We have made it flexible and for that matter there is no limit on the benefit. One can have a sum assured from GHc1 million and above,” he noted.






Comments

Post a Comment

Popular posts from this blog

CIMG holds strategic marketing conference

By: Fred Yaw Sarpong The Chartered Institute of Marketing, Ghana (CIMG)’s annual strategic marketing conference will take place at the Golden Tulip hotel in Accra between October 26 and 27, 2016. The conference is part of the institute’s mission to improve on the performance of marketers, professionals and administrators within corporate Ghana. The theme for the conference; “Democracy and National Cohesion: Marketing a new Political Paradigm.” Mr. Kwabena Akuamoah Agyekum, the Executive Director of CIMG said the conference seeks to promote the CIMG advocacy mission to impact on professional, corporate organizations and officialdom. He mentioned that four resource persons are billed to present papers over the two day event covering very exciting and insightful segments of the theme under the chairmanship of the Marketing Woman for Year 2015, Ms. Maidie Elizabeth Arkutu, Managing Director of Unilever and Dr. Doris Dartey, a Media Consultant. Mr. Agyekum said the speake...
Post a Comment
Read more

Vodafone Ghana gets new CEO

The Board of Directors of Vodafone Ghana have appointed Haris Broumidis as the new Chief Executive Officer (CEO). His appointment took effect from July 15, 2013. Haris Broumidis joined Vodafone in 2002 as the Marketing Director and Enterprise Unit Director in Vodafone Greece and moved on to Vodafone Albania as the CEO in 2007. Under his leadership, Vodafone Albania became the undisputable leader in the telecoms sector. In 2012, he joined Vodafone Group in its h eadquarters, London, as the Commercial Director for Europe. Among several other responsibilities he was tasked with the acceleration and implementation of Vodafone’s commercial priorities in European markets. He brings on board several years of experience and a winning strategy to strengthen Vodafone Ghana’s number two position in Ghana’s telecom market and also make it the undisputed leader for enterprise. Haris Broumidis is from Greece and studied Economics at the University of Athens. He pursued his MBA at the ...
Post a Comment
Read more

Barbering Salons, bridging the unemployment gap in Ghana

By: Fred Yaw Sarpong Barbering business in Ghana is money making venture, depending on the location of the shop. Various barbering shops scattered across the country charges according to the location of the shop. The nature and sustainability of every barbering shop depends on the location of the shop. The location will determine how much one can charge a customer for barbering his or her hair. Checks indicate that some barbering shops located at Spintex, East Legon and Osu Oxford street charges between GHc15.00 and GHc20.00 per hair cut. At South La Estate, it will cost a customer to pay GHc4.00 for hair cut, while one will have to pay GHc3.00 to barber his or her hair at a place like Nima, Maamobi and Mallam Gbawe. Royal Vulture Executive Barbering Salon is one of the biggest barbering salons one can locate within Accra. One is its shops is located at Madina, near Taxi rank while one is located at Accra New Town, near the Post Office. Customers at Madina pay GHc7.00 ...
7 comments
Read more