Category Archives: Insurance Companies

State Insurance Company (SIC) Insurance Policies | General Bonds

State Insurance Company (SIC) Insurance Policies | General Bonds SIC’s bonds are sureties given to employers of contractors, financiers and other principals to guarantee the performance of specific contractual obligations of the contractors or project executors. SIC has two main bond classification; Construction/Project Bond Customs Bond Construction/Project Bond These are bonds provided to our clients in the construction… Read More »

State Insurance Company (SIC) Insurance Policies | Aviation Insurance

State Insurance Company (SIC) Insurance Policies | Aviation Insurance SIC’s aviation insurance products cover risks associated with the manufacture, ownership, operation, and maintenance of aircrafts and the operations of aviation facilities on the ground. Aviation Insurance The range of aviation policies are designed to cover the risks associated with the use and operations of Aircraft. Policies available includes the… Read More »

State Insurance Company (SIC) Insurance Policies | Marine Insurance

State Insurance Company (SIC) Insurance Policies | Marine Insurance SIC’s marine portfolio consists of hull and cargo. The cargo business covers insurance of goods carried on board ships or vessels and aircrafts. The hull business covers the insurance of ships, fishing vessels etc as well as the liability coverage of ports and harbour operators, stevedorers, shorehandlers, ship repairers… Read More »

State Insurance Company (SIC) Insurance Policies | Engineering and Construction

State Insurance Company (SIC) Insurance Policies | Engineering and Construction SIC Insurance underwrites the following Engineering and Construction Policies: Contractors All Risk & Erection All Risk Machinery Breakdown & Construction Plant and Machinery Electronic Equipment Boiler & Pressure Vessel Insurance Policy Contractors All Risk & Erection All Risk These policies cover material damage to works against unforeseen and… Read More »

State Insurance Company (SIC) Insurance Policies | Workmen’s Compensation

State Insurance Company (SIC) Insurance Policies | Workmen’s Compensation SIC’s Workmen’s Compensation Insurance Indemnifies an employer against his legal liability for injuries to his employees resulting from accidents occurring in the course of their employment. The Workmen’s Compensation Act 1987 makes it compulsory for any Employers of labour to set aside funds to compensate any worker who may… Read More »

State Insurance Company (SIC) Insurance Policies | General Accident

State Insurance Company (SIC) Insurance Policies | General Accident SIC’s General Accident Insurances generally covers unforeseen, accidental and sudden loss of or damage to property and injury/death to persons. SIC has Four classes of General Accident Policies: Insurance of the person Property insurance Pecuniary insurance Liability insurance Insurance of the Person These include policies such as; Personal Accident Family Personal… Read More »

State Insurance Company (SIC) Insurance Policies | Travel Insurance 

State Insurance Company (SIC) Insurance Policies | Travel Insurance SIC’s travel insurance policy offers protection for travelers when they leave the shores of Ghana.  The policy provides coverage for a host of unforeseen events that may occur in the course of the trip.  Here are some of the covers and benefits it provides: a) Emergency medical expenses b)… Read More »