What is Term Assurance?
This is an insurance policy designed to provide cover to the life assured’s beneficiary or estate, in case of the unfortunate demise of the life assured within a specified term.
- Life cover: A sum assured ranging from GHS50,000 to GHS 1million is paid to the policyholder’s beneficiary after the death of the assured.
- Permanent/Total disability: 50% of the sum assured is paid to the beneficiary or policyholder in the event of a permanent or temporal disability.

- Visit any of our local branches, contact us or get in touch with your insurance broker
- Fill proposal form and submit the necessary documents
- Quotation
- Make premium payment
Below is a step by step process on how to apply:

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This policy does not cover death by suicide.
Persons between 15 and 65 years of age can sign up for the cover.
The policy has a minimum term of 5 years and a maximum term of 25 years.
