AS Ghana marks sixty (60) years of independence, it is important to look back and take stock of the immense contribution of GLICO to the development of Ghana.
For three (3) decades and counting, GLICO GROUP has proven to be a top industry player in the insurance and financial services sector of Ghana. As an indigenous Ghanaian brand with modest beginnings, GLICO GROUP started operations in 1987 as Gemini Life Insurance Company (GLICO), a specialist insurance company offering innovative life insurance products to Ghanaians. Today, GLICO has grown from a single business unit into a group status comprising the following subsidiary companies:GLICO Life Insurance Co. Ltd.; GLICO Healthcare Ltd.; GLICO Capital Ltd.; GLICO Properties Ltd.; GLICO General Insurance Co. Ltd. and GLICO Pensions Trustee Ltd.
GLICO, contributing to the development of Mother Ghana…
v Employment: For three (3) decades, GLICO has provided employment and a means of sustenance to over one thousand (1,000) Ghanaians of various ethnic and educational backgrounds. By providing Ghanaians with stable and meaningful employment, our employees also pay their taxes that have contributed to building a strong nation.
v Adding value through claim payments: The desired result of an insurance policy is payment of claims promptly to deserving beneficiaries. GLICO’s innovative insurance products which are delivered in a customer centric environment provide peace of mind, comfort and stability in moments of need or tragedy. As we live up to our slogan “we cushion you for life”, we cushion Ghanaians by reinstating them back to their former state by offering valued benefits through our convenient claim payment system.
v Saving lives through quality healthcare: GLICO’s health insurance schemes provide quality healthcare to over fourteen thousand (14,000) policyholders. With our bespoke products, strong relationships with service providers and unparalleled customer service, lives of Ghanaians have been saved and continue to be saved. Our aim is to ensure that every Ghanaian enjoys quality healthcare no matter one’s income.
Peace of mind for vehicle users: GLICO’s motor insurance policies provide security and compensation to a wide range of Ghanaian motor owners and vehicle users. In the event of theft, own damage, third party accident, fire, flood of a motor vehicle, GLICO offers relief. Additionally, in the event of loss of life as a result of any of the aforementioned incidents, GLICO’s range of motor insurance policies has and continues to provide respite to victims.
v Value addition through micro insurance: GLICO’s micro life insurance packages namely ‘Edwankosuo’ and ‘Anidaso’ continue to provide special value added benefits to operators in the informal sector of Ghana. These benefits include loan facilities for business expansion, hospitalization cash for quick recuperation and monies paid out in the event of accidents/death to relieve the financial burdens on affected family members.
v Comfortable pensions: GLICO PENSIONS through its efficient management of 2nd and 3rd tier pensions is providing an opportunity for the Ghanaian worker to receive retirement income that guarantees comfortable retirement. Life after 60 years must be buoyant and enjoyable, so you can find in GLICO PENSIONS a partner that secures your retirement income in retirement.
v Giving back to improve society: As an indigenous Ghanaian brand, GLICO strongly believes in giving back to Ghanaians and the communities in which they operate. Their corporate citizenship values have supported in building capacity in financial and insurance literacy, refurbishment of dilapidated hospital and school blocks, supporting medical students for exchange programmes to become medical professionals, providing assurance for national teams to win laurels for Ghana as well as various contributions to individuals and institutions.
As Ghana celebrates its 60th anniversary on the auspicious day of 6th March 2017, GLICO GROUP assure all Ghanaians of their promise “to cushion you for life”; and to pursing their mission of bringing insurance and financial services to the doorstep of every Ghanaian household.
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