The Musicians Union of Ghana (MUSIGA) has signed an agreement with SIC Life Company Limited for a group life insurance policy for its members nationwide at a colourful ceremony held at the offices of MUSIGA.
The insurance package is to provide members of the union who subscribe to the scheme with a comprehensive set of benefits when the need arises.
These include death benefit, temporary or permanent disability payments, loss of spouse and critical illness benefits.
The insurance cover starts with an annual premium of GH¢50, which guarantees MUSIGA members a benefit of a comprehensive range of GH¢ 5,000, packages for hospitalisation in case of any unfortunate eventualities.
According to the Acting President of MUSIGA, Bessa Simons, “This insurance scheme will ensure that members who sign on to the package will have protection in their time of need.”
On his part, the Head of Group Business, SIC Life, David Ankrah said, “It’s significant that MUSIGA is doing this to provide for its members in time of need.” He assured that SIC Life being the state life insurer would ensure that members receive prompt payment when they file their claims.
“We are giving them a permanent comprehensive cover of GH¢5,000. We are giving them critical illness cover of GH¢ 2,500. We are also giving them hospitalization cover, that is when they are sick and they go to the hospital. After two days we are going to pay GH¢30 a day for a maximum of 30 days,” he said.
Present at the ceremony were the Head of Alternative Business, Samuel Tindanbil, Beatrice Abotsivia and Andrew Asante of Group Business Department, as well as Jennifer Asare and Pamela Boateng all of the Corporate Services Department of SIC Life.
Also present from MUSIGA were Samuel Kofi Agyemang, the National Treasurer; Chizzy Wailer, National Organiser and Ahuma Bosco Ocansey, Director of Special Projects and Communications.