Micro insurance is a mechanism designed to protect low income earners against risk (accident, illness, death in the family, natural disasters, etc.) in exchange for insurance premium payments tailored to their needs, income and level of risk. It is aimed primarily at the informal sector that tends to be under-served by mainstream insurance schemes.
At GLICO LIFE, our aim is to make life insurance available to every household in Ghana to meet the needs of the insuring public. Our Micro insurance products are: