The Akyem Oda branch of SIC Life Company on Friday, 2nd August 2019 presented a cheque for GH¢18,000.00 to the family of the late Amos Aboagye Gyampoh, the former headteacher of Oda Anglican Primary School who was electrocuted on March 13, 2019.


The Late Gyampoh was electrocuted to death when a metal pole he was using to remove a bucket belonging to some pupils of the school which fell into the school well accidentally touched an overhead high tension electricity cable.


The Oda Branch Manager of SIC Life, Mr. John Frederick Quartey, said as part of its commitment to promoting the welfare of its members, the Ghana Education Service (GES) established a group life insurance with SIC Life for both teaching and non-teaching staff.


Insurance cover

He said the policy was undertaken to ensure that all teaching and non-teaching staff with schools under the GES were covered by insurance to complement the existing funeral grant which was limited in scope.

Mr. Quartey stated further that under the GES-SIC Life Group Insurance package, a beneficiary stood to receive a payment of GH¢18,000.00 in the event of a natural death or through an accident.

“There is also the permanent disability cover of GH¢18,000.00 to persons who sustain permanent disability arising out of an accident or illness,” he said.


According to Mr. Quartey, a beneficiary who gets afflicted with a critical illness such as cancer, stroke, kidney failure, heart problem, paralysis or deafness was also entitled to GH¢9,000.00.


Voluntary contribution

He said even though the policy was not compulsory for all teachers, he would encourage as many teachers as possible to join because the benefits they stood to gain from it was immense.


Mr. Quartey said a teacher was required to pay a premium of GH¢10.00 a month with the policy.


Claims payment

He said claims would be paid within seven working days after the necessary claims documents had been received.


The Oda Branch Manager of SIC Life said there would be a new round of negotiations in a year or two to consider increasing insurance claims due beneficiaries from the current level of GH¢18,000 to GH¢36,000 or GH¢54,000 depending on how the negotiation went.


Mr. Ernest Aboagye Gyampoh, an elder brother to the late Amos Aboagye Gyampoh received the cheque on behalf of the family of the deceased and thanked SIC Life for the gesture.


Source: Daily Graphic