Insurance Archives - Citi 97.3 FM - Relevant Radio. Always https://citifmonline.com/tag/insurance/ Ghana News | Ghana Politics | Ghana Soccer | Ghana Showbiz Wed, 13 Dec 2017 19:00:48 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.8 https://citifmonline.com/wp-content/uploads/2019/05/cropped-CITI-973-FM-32x32.jpg Insurance Archives - Citi 97.3 FM - Relevant Radio. Always https://citifmonline.com/tag/insurance/ 32 32 NSS makes U-turn; insurance policy now optional https://citifmonline.com/2017/12/nss-makes-u-turn-insurance-policy-now-optional/ Wed, 13 Dec 2017 18:58:46 +0000 http://citifmonline.com/?p=383041 The Management of the National Service Scheme (NSS), has reconsidered its decision to impose an insurance package on service personnel in the country, after it was sued by some aggrieved personnel. The scheme in a statement copied to citifmonline.com, said the “insurance policy is now optional.” [contextly_sidebar id=”4riEtze2d5bGwgBBi5VY8DToDEogVtmU”]It said the decision to make the policy […]

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The Management of the National Service Scheme (NSS), has reconsidered its decision to impose an insurance package on service personnel in the country, after it was sued by some aggrieved personnel.

The scheme in a statement copied to citifmonline.com, said the “insurance policy is now optional.”

[contextly_sidebar id=”4riEtze2d5bGwgBBi5VY8DToDEogVtmU”]It said the decision to make the policy optional for interested national service personnel was taken at an Emergency Executive Council Meeting of the National Service Personnel Association (NASPA) in Accra on Wednesday.

The statement signed by the Executive Director, Mustapha Ussif, said the management of the scheme has in the light of the decision suspended the mandatory GH¢15 deduction from the monthly allowance of service personnel.

Read the statement below:

The insurance policy for national service personnel has now been made optional for interested national service personnel who wish to sign onto the policy.

The decision was taken at an Emergency Executive Council Meeting of the National Service Personnel Association (NASPA) held in Accra today, after broad consultations with major stakeholders on the policy, and how best it would serve the interest of national service personnel.

Management has therefore decided to suspend the mandatory monthly deductions of GHȼ15.00 from personnel allowances.

Management wishes to urge all national service personnel to remain calm as their concerns regarding the insurance policy are being addressed.

It is unclear what the new arrangement between the National Service Scheme and the service providers will be since the secretariat signed the agreement with the intention of serving all personnel in state institutions.

NSS Boss Mustapha Ussif

The management is also yet to make public procedures interested personnel can follow to apply and benefit from the insruance policy.

NSS personnel drag secretariat, executive director to court

Some disgruntled National Service personnel last week, sued the National Service Scheme and its Executive Director, Mustapha Ussif, over the GH¢ 15 compulsory insurance charges.

The personnel say the deduction from their allowance is unlawful and unreasonable. That case is yet to be heard.

NSS personnel petition CHRAJ over compulsory insurance 

Some National Service Personnel earlier in December petitioned the Commission on Human Rights and Administrative Justice (CHRAJ), over the mandatory insurance package introduced for them by the National Service Secretariat.

According to them, the imposition of the insurance package infringes on their basic human rights since the decisions taken by the National Service Personnel Association (NASPA), does not bind all service personnel.

Service personnel agreed to ‘compulsory’ insurance – NSS Boss

The National Service Scheme’s head, Mustapha Ussif, in the face of the resistance, repeatedly denied suggestions that the compulsory insurance package meant for all service personnel in the country is being imposed on the personnel.

He insisted that the personnel backed the insurance package, and even pushed the management of the Scheme to implement it.

He said the National Service Personnel Association of Ghana (NASPA), the group which represents service personnel across the country, decided unanimously at their Congress to back the policy.

The insurance package

The NSS partnered with MTN and Glico Life Insurance, earlier this week, to launch the life insurance cover for the over 90,000 personnel.

This compulsory insurance package spearheaded by various insurance companies is expected to pay claims to service personnel who get involved in accidents in their line of duty.

The claims vary from GHc 15,000 in cases of death or incapacitation and GHS3,000 for cases of disability. As part of the insurance package, National Service personnel are entitled to a GHc 500 loan which is payable within six months.

NSS insurance meant to reward NPP financier – Kpessah Whyte

A former Executive Director of the National Service Scheme (NSS), Dr. Michael Kpessah-Whyte, had alleged that the compulsory insurance package is a venture to pay back a financier of the governing New Patriotic Party’s (NPP) election campaign.

According to him, the insurance scheme may have been put together to reward the owner of a known insurance company, who supported the NPP’s campaign with GH¢1 million.
He is thus of the view that the policy is not in the interest of National Service persons, and that it constitutes “daylight robbery.”

NSS insurance scheme not a reward from NPP – GLICO

However, GLICO Life has denied allegations that its engagement with the NSS to provide an insurance package for National Service personnel, is a reward for the company because the owner was a financier of the governing New Patriotic Party (NPP).

The Managing Director of GLICO Life, Forkuo Kyei, in a statement to citifmonline.com said the allegations are unfounded as GLICO Life is part of five other companies offering the insurance package to the service personnel.

By: Jonas Nyabor/citifmonline.com/Ghana

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Retraction: NIC workers want director fired for mismanagement https://citifmonline.com/2017/04/retraction-nic-workers-want-director-fired-for-mismanagement/ Tue, 11 Apr 2017 15:44:23 +0000 http://citifmonline.com/?p=309893 This is to retract an earlier publication by citifmonline.com with the headline; “NIC workers want director fired for mismanagement.” We acknowledge that, the publication, in which supposed workers of the NIC made allegations of fraud and mismanagement against the Commissioner of the NIC, Lydia Lariba Bawa, are completely untrue, and cannot be proven. The supposed […]

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This is to retract an earlier publication by citifmonline.com with the headline; “NIC workers want director fired for mismanagement.”

We acknowledge that, the publication, in which supposed workers of the NIC made allegations of fraud and mismanagement against the Commissioner of the NIC, Lydia Lariba Bawa, are completely untrue, and cannot be proven.

The supposed unidentified workers’ allegations, which also affected some insurance companies such as ESICH Life and SIC, are also unfounded.

We therefore unreservedly apologize to the NIC Head and the companies named in the publication for any embarrassment the publication may have caused.

By: citifmonline.com/Ghana

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One million fishermen to be insured next – Minister https://citifmonline.com/2016/11/one-million-fishermen-to-be-insured-next-minister/ Wed, 23 Nov 2016 07:34:56 +0000 http://citifmonline.com/?p=270761 Madam Hanny Sherry Ayittey, the Minister of Fisheries and Aquaculture Development, has said one million fishermen would be insured under the second phase of the Fishermen’s Life Insurance Scheme. She said the Government would pay the premiums for the beneficiaries and urged fishermen across the country to register so that they could receive support that […]

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Madam Hanny Sherry Ayittey, the Minister of Fisheries and Aquaculture Development, has said one million fishermen would be insured under the second phase of the Fishermen’s Life Insurance Scheme.

She said the Government would pay the premiums for the beneficiaries and urged fishermen across the country to register so that they could receive support that would cushion them for life in the event of any eventuality.

Madam Ayittey gave the advice at the inauguration of a new cold store, which would help prevent post-harvest losses, especially during the bumper season and boost the fishing business in New Takoradi.

[contextly_sidebar id=”8v5RtHQZt4HuivUVCGfBE25uh0pKADjw”]The Minister said the facilities would also create jobs, saying, “twenty refrigerator repairers from the country’s polytechnics would soon be employed in those facilities”.

She said the government secured a seven million-Euro loan facility from the Spanish Government for the construction of the six cold stores.

Other beneficiary communities are Half-Assini, Kromantse, Nyanyano, Shama and Prampram.

Madam Ayittey said various management committees had been constituted to manage and maintain the facilities in order to prolong their life span.

She, therefore, tasked the managers of the facilities to work hard in order to pay back the loan so that the Government could extend it to other coastal communities.

The cold stores would produce commercial iced blocks, which could last between four and five days, therefore, fishermen embarking on fishing expeditions could purchase them to preserve their catch on the high seas.

She said that the National Democratic Congress Administration had supported the fishing industry with various social interventions, including the subsidisation of outboard motors to fishermen.

She urged them to reciprocate the gesture by renewing its mandate on the December 7 Elections.

Mr. Alfred Ekow Gyan, the Deputy Western Regional Minister, said the Government had undertaken numerous infrastructural developments across the country including, roads, health, and educational facilities, as well as connecting many communities onto the national electricity grid, provided potable water to deprived communities and revamped the Western Railway lines.

Osahen Katakyie Busumakora III, the Chief of Takoradi, who chaired the function, lauded the Government for the initiative, and urged the management of the facility to be accountable and transparent with the revenues accruing from the facility so that other coastal communities would benefit.

Source: GNA

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