Foreign Travel Insurance Policy

Travel insurance is a type of insurance that covers the costs and losses associated with traveling. It is a useful protection for those traveling domestically or abroad.

Travel insurance is a product designed to cater for the following needs of travelers;

  1. Medical expenses arising from an illness (es)/ bodily injury - Up to 30,000 euros
  2. Hospitalization costs Repatriation to Ghana after treatment
  3. Repatriation of policyholder’ corpse or ashes to Ghana
  4. Baggage loss/delay - Up to 210 Euros

Directors and officer’s liability Insurance (often called "D&O")

It is a liability insurance payable to the directors and officers of a company, or to the organization(s) itself, as indemnification (reimbursement) for losses or advancement of defense costs in the event an insured suffers such a loss as a result of a legal action brought for alleged wrongful acts in their capacity as directors and officers. Such coverage can extend to defense costs arising out of criminal and regulatory investigations/trials as well; in fact, often civil and criminal actions are brought against directors/officers simultaneously. Intentional illegal acts, however, are typically not covered under D&O policies.

It has become closely associated with broader management liability insurance, which covers liabilities of the corporation itself as well as the personal liabilities for the directors and officers of the corporation.