WHAT IS THIS Insurance policy Coverage?
This Team Lifetime policy is a Federal government initiative to assist make improvements to the welfare of academics in Ghana. It is a group lifestyle plan that addresses Lifetime, Permanent disability and important disease. It is a term coverage renewable each year.
WHO IS Suitable TO ENROL ON THIS Plan?
All workforce of GES who are in energetic services are qualified to enrol onto this policy.
WHY WAS A DEDUCTION Performed IN JUNE 2018 Without having THE Information OF GES Staff?
The June 2018 deduction was carried out in error. There was a miscommunication in between the GES and CAGD. The sensitization timelines ended up skipped but the same was not communicated to the CAGD and that is what triggered the deduction at the blind facet of the employees. GES and SIC Existence have apologized for this deduction.
The deduction is heading to be used to commence the plan in July 2019. Those people who have done an exit variety have obtained a refund in total. All those who will complete the exit type will obtain a complete refund. All those who do not full the exit types are routinely section of the plan and are for that reason eligible for all advantages less than the coverage.
WHY DO I HAVE TO Decide OUT OF THE Plan WHEN I DID NOT Sign UP IN THE 1st Location
Since the government is committed to supporting the plan, the default posture is that every GES team is to be protected unless of course they elect not to be component of the coverage.
For the needs of coverage and promises administration, SIC Everyday living will go over each GES employees on the plan even when the CAGD does not deduct their premiums for some months. We will not cover people who have elected to opt out of the coverage, consequently we will will need a list of individuals staff members, all people else is entirely coated less than the plan.
WHAT ARE THE Policy Deal with Restrictions?
GH₵18,000 will be compensated out to a named beneficiary upon the demise of a member.
Up to GH₵18,000 will be paid out to a member for any long term incapacity sustained as a consequence of an incident or an disease.
GH₵9,000 will be paid out out to a member upon analysis of any of the named important illness. Significant health issues involves cancers, heart attack, kidney failure, loss of sight, stroke, paralysis, deafness.
Where by DO I MAKE A Declare?
You can choose a declare form from any SIC Everyday living business, call 0501570652 or whatsapp 0501456983 for guidance.
WHAT SUPPORTING Files DO I Will need TO MAKE A Declare?
For a dying claim you will have to give proof of dying eg. loss of life certification or burial allow.
For a long-lasting incapacity and vital ailment assert, you will have to offer a health care report from a certified health-related practitioner from any Ghana Wellbeing Provider authorized healthcare facility.
CAN I Improve MY BENEFICIARIES?
Certainly. A member can modify their beneficiaries at any time at any SIC Lifetime office environment across the region. If no improvements are produced, we will count on the data with the employer.
IS THE Coverage Compulsory?
No. we really encourage each personnel to enrol on this coverage, having said that, it is not obligatory. That’s why, anybody who does not wish to be protected beneath this team lifestyle plan can choose out by finishing an exit variety which can be observed on the net, at any SIC Lifetime office or at the regional and district workplaces of the GES. It have to be famous that we will offer with members on an particular person foundation and not unions. This is an unique decision.
WHAT Happens WHEN I Lead FOR A long time AND RETIRE OR EXIT Without the need of Creating A Claim?
Associates will acquire 10% of their top quality contributions every single 3 a long time. This level is an market typical and May well be issue to an upward assessment in the foreseeable future.
CAN A MEMBER WHO HAS OTHER Daily life Insurance coverage Guidelines WITH SIC Daily life ENROL ON THIS Team Policy?
Yes. There is no restrict to the quantity of lifetime insurance policy covers that an unique can maintain. This is an more include to what could be provided by SSNIT or any other statutory human body. This is a Team Everyday living plan which is diverse from the investment decision centered insurance policies that teachers could now have with SIC Daily life and other insurers.
HOW DO I GET TO Read THE Coverage Doc FOR THIS Coverage?
You can contact any Regional or District place of work of GES or any SIC Daily life workplace for a copy of the plan document. You can also get in touch with 0501570652 or WhatsApp 0501456983 for assistance.
DOES SIC Everyday living Enterprise HAVE THE Economical Muscle AND THE COMPETENCE TO Control THIS Plan?
SIC Lifetime is 1 of the major lifetime insurance plan organization in Ghana with a top quality profits of in excess of GH300 million for every 12 months. We have a presence in every region in Ghana with well-skilled staff who are all set to help each instructor who has any issues.
IS THERE A Waiting around Period ON THE Coverage?
There is no waiting period on the policy, that means if you shell out these days and a claim transpires these days you are included. A waiting around period of time could, nevertheless, be applied for individuals who exit and rejoin afterwards.