In line with its promise to cushion clients for life, GLICO LIFE has paid out a death claim amounting to $177,106.13 to Ghana Home Loans (GHL). The claim was as a result of one of GHL’s mutual clients, who took a mortgage protection policy from GLICO LIFE and died within the first year of the insurance policy.
Presenting the cheque to GHL, the Managing Director of GLICO LIFE, Edward Forkuo Kyei said “the claim payment is in fulfillment of GLICO LIFE’s promise to pay claims promptly and that it never fail on its promise, no matter how huge the claim is.” He further indicated that GLICO LIFE’s relationship with GHL is one that has evolved over time and commended GHL for keeping faith with the firm over these years.
He cautioned them not to be swayed by competition but to always count on GLICO LIFE. Receiving the cheque, Ellis Atekpe, the Executive Director of Mortgage Operations, thanked the management of GLICO LIFE for always fulfiling their promise of paying claims on time. He stated that mortgage loan protection is a fundamental aspect of GHL’s business as it assures the borrower the needed peace of mind that in the event of temporary or permanent disability or death GLICO LIFE will stand solidly behind them. He further stated that “the family of the deceased can now comfortably enjoy their property since GLICO LIFE has ensured that their father’s toil has not been in vain.”
He urged the company’s customers to take GLICO LIFE policy and also pay their insurance premiums on time, so that if the unfortunate happens, the insurance company can promptly pay the claim to enable them and their family to enjoy their property. GLICO LIFE’s representatives at the ceremony included the Head of Technical, Vera Haizel-Cobbina, the Deputy Manager, Coporate Affairs: Nana Efua Rockson and two Mortgage Insurance Officers. Ghana Home Loans was also represented by the Chief Financial Officer, Susan Yawson and Heather Boateng, a Mortgage Officer.