Star Assurance Ltd, 2021 CIMG Insurance Company of the Year (General), has launched a re-packaged product, HomeOwners Xtra, that has a range of benefits under one plan including a free life insurance cover.
Set to satisfy homeowners and tenants who have been yearning for an all-embracing insurance cover, the significantly enhanced product is designed to offer separate cover for buildings and the personal belongings of homeowners and tenants alike. Once the sum insured for a building is over GHS250,000, the policyholder automatically benefits from a free life insurance cover underwritten by StarLife Assurance Ltd, a member of the Star Assurance Group Ltd.
In the case of the contents or personal belongings – Televisions, air-conditioners, fridges, microwaves, etc – the policyholder benefits from a free Life insurance Cover when the sum insured exceeds GHS50,000.
“We are beyond thrilled to announce this product, HomeOwners Xtra in collaboration with StarLife Assurance. We believe that people are passionate about their homes and also concerned about their safety and health, hence the introduction of this product to meet that need,” says Mr. Michael Adomako, head of Product Development & Innovation at Star Assurance.
Mr. Adomako said, “the re-packaged product is a testament to the commitment of Star Assurance to its customers and the general insuring public. We continue to do our best to ensure that we meet and exceed our customers’ expectations through innovation and technology by continuously bringing to the market products that respond to the real needs of our customers.”
Star Assurance Company Limited, a member of the Star Assurance Group, is a privately owned Insurance Company incorporated in August 1984 and licensed to carry out corporate and retail insurance businesses in Ghana. It has branch offices and retail outlets across the length and breadth of Ghana, ensuring that its products are brought to the doorstep of all.