GLICO, then Gemini Life Insurance Company Ltd, started operations in 1987 as a specialist Life Insurance Company Ltd. Before its establishment in 1987, the life insurance industry in the Ghana was virtually dormant. Most insurance companies rather focused on non-life insurance business thereby confining life insurance business to small departments within the companies.
Today, GLICO LIFE has grown from a single business unit or company (Life Insurance) to Group status with a number of distinct business units. It has expanded its brand and core business from being a leading provider of Life, General and Health insurance products (solely insurance businesses) to include a diverse and unique range of allied Financial Services, Real Estate and other ancillary products. GLICO LIFE is now one of the subsidiaries under GLICO GROUP LTD.
As a specialist life insurance company and with a vision to bring life insurance to the doorsteps of every Ghanaian household, GLICO LIFE, through hard work, dedication and commitment, has over the years grown and developed into a reputable and resourceful insurance company. GLICO LIFE has reinvigorated the life insurance industry in the country. As a matter of fact, it is one of the major pacesetters in the industry.
For the past two and a half decades, GLICO LIFE has been developing highly innovative products, which meet the needs and expectations of the Ghanaian insuring public. Some of these products include the GLICO End-of-Service Benefit (ESB) Plan, GLICO Education Endowment Plan (GEEP), the GLICO Anidaso Policy (the only micro-insurance product in the country developed with the assistance of Care International), GLICO Group Comprehensive Plan, GLICO Deposit Administration Scheme; to mention but a few.
GLICO LIFE has also been offering high quality service delivery to its numerous customers with the facilitation of its state-of-the-art Information Technology infrastructure. The customers reciprocate it by remaining loyal and patronizing more of the company’s products. GLICO LIFE has earned an acknowledged reputation for prompt and accurate payment of claims. In its desire to make its quality services easily accessible to customers, GLICO LIFE has opened a network of branch and agency offices throughout the country.
- Ordinary Life Assurance
- Universal Endowment Assurance
- Term Assurance
- Group Life Insurance
- Travel Insurance Policy