The Managing Director of the State Insurance Company (SIC) is leading the call to get all government buildings and all police vehicles insured.
Speaking on Accra based Joy News, Stephen Oduro said all government buildings should at least have fire insurance and third party insurance for all police vehicles.
He said, “The other insurance that we don’t have in this country that I will personally advocate we have is government buildings…I will advocate that government buildings must be insured.”
The National Insurance Commission (NIC) is taking steps to present a bill to Parliament in the coming months to increase the number of compulsory insurance products in a strategic move to deepen market penetration.
According to the Head of Supervision at the NIC, Seth Eshun the bill to parliament will seek to introduce Group life, Workmen’s Compensation, Professional Indemnity and Landlord and Tenants insurance.