The initiative is aimed at helping groups reduce the financial burden associated with bereavement and other unforeseen events while strengthening solidarity among members.
Accra, Ghana – Beulah Insurance Brokers Limited has introduced a comprehensive Welfare Insurance Scheme designed to provide financial support to organized groups, including student associations, old students' associations, churches, welfare groups, families and community organizations during some of life's most difficult moments.
The initiative is aimed at helping groups reduce the financial burden associated with bereavement and other unforeseen events while strengthening solidarity among members.
Beulah Insurance Brokers says the product enables organizations to focus on supporting one another rather than relying solely on emergency fundraising whenever a crisis occurs.
According to the company, the welfare policy offers benefits that include:
Death of a member
Death of a spouse
Death of a parent or adult dependent
Critical or terminal illness
Permanent disability
The policy is particularly suitable for organizations that already operate welfare or mutual support schemes and are looking to make their benefits more sustainable and predictable.
Instead of depending on ad-hoc member contributions, participating groups can transfer part of the financial risk through an insurance-backed solution.
Beulah Insurance Brokers, a licensed insurance brokerage regulated by Ghana's National Insurance Commission (NIC), provides advisory and intermediary services across life, health and general insurance, serving corporate organizations, groups and individuals.
Organizations interested in enrolling their members can contact Beulah Insurance Brokers through its official website or customer service channels for policy details, eligibility requirements and premium quotations.
Insurance & Risk Management