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Business News of Tuesday, 28 May 2013

Source: B&FT

Ghana Lions receive support from Ghana Life Insurance

The Lions Club of Ghana received financial support of three thousand Ghana cedis toward surgical operations of children born with cleft-palate deformities in a special project dubbed ‘Operation Smile’ in the three Northern Regions of Ghana.

Presenting the cheque to Executives of the Ghana Lions, the Managing Director of Ghana Life Mr. Ivan Avereyireh intimated that apart from its business aspirations and prospects, the Company also embarks on a number of corporate social responsibility activities in support of worthy causes of this nature to help address some of the many socio-economic, health and other challenges of society.

The cheque was received on behalf of the Club by the President of Legon Lions, Lion Alidu Ibrahim, who expressed their sincerest appreciation to the Management of Ghana Life Insurance for the kind gesture and made an appeal for other business entities to emulate this gesture.

In a related development, the 48 Engineer Regiment in Teshie recently honoured Ghana Life Insurance Company Ltd. -- a member of the prestigious Ghana Club 100 -- for its prompt payment of life insurance claims. The award is in the form of a plaque, presented at a thanksgiving ceremony organised by the 48 Engineer Regiment to climax the annual West Africa Security Services Association (WASSA).

The Commanding Officer of the Regiment, Lt. Col. Mustapha, speaking at the ceremony cited the countless maturity and death claims Ghana Life pays -- key among which is the one for Lance Corporal Abuchow who died in the Allied Plane crash on June 2, 2012.

Meanwhile, for the period 1st January 2012 to 31st December 2012, Ghana Life Insurance Company Ltd. paid claims amounting to GH¢3,051,297, constituting death and maturity claims --- broken down into GH¢99,955 in death claims and GH¢2,947,691 in maturity claims respectively.

The Management of the Company is, therefore, totally committed to the development of desirable products to meet policyholders’ needs, delight and prompt claims settlement.