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GES SIC LIFE INSURANCE POLICY; 2 EASY WAYS TO CANCEL FOR A FULL REFUND OR APPLY,

The GES-SIC Life Group policy was officially launched in July 2019. For Teachers nation wide but was rejected by some teachers who said they were not inform and there seem to be no clarity or transparency in the policy.

This lead to series of argument between the Minister of Education then Hon. Dr. Mathew Opoku Prempeh and teachers mostly on radio and on social media. This lead to the cancellation of the policy for the teachers.

Surprisingly, Newly recruited staff of the GES have seen the deductions in their salaries without prior orientation or any sort of information about the deduction. No body seem to say anything about it because they seem not to be affected.

As seekersnewsgh.com  

went to the office to speak to some of the Officers in charge of the policy at the SIC head office. The following were the outcome.

The policy is a collaboration between GES and the SIC Life and officially commenced in July 2019.

Benefits of the programme include GH¢18,000 life cover for death and permanent disability cover.

Members will also get a cashback of 10% after 3 years of no claims.

GH¢9,000 will be paid out to a member upon diagnosis of any of the named critical illness.

Critical illness includes

Cancers,

Heart attack,

Kidney failure,

Loss of sight,

Stroke,

Paralysis,

Deafness.

Deductions

Through the policy, GH¢10 will be deducted monthly as claimant’s monthly member contribution from source.

seekersnewsgh.com speaking with SIC, all the findings about the services are true and unchanged.

Members who do not apply for the benefit for 3yrs can apply for a cashback of 10%.

WHY WAS ORIENTATION NOT DONE FOR TEACHERS

According to the SIC, management of the GES failed to prompt them on new recruits. Such should have been the case where GES prompts them of new recruits for them to visit the various schools for a face to face talk about the policy.

For now the SIC is putting things in place to visit various employees for the orientation.

 

ssekersnewsgh.com also put it to them that  Teachers complain they do not receive their benefit due them when issues arise or they are in need.

According to the SIC most Teachers who are on the policy have successfully received their benefits in full and on time.

The only issues is some teachers apply for cancellation of the policy after which the unfortunate incident happens to them, then they reapply for a benefit claim whiles they have already processed their cancellation request. In such cases the benefit cannot be paid to them.

WHAT DO YOU HAVE FOR PEOPLE WHO WISH TO EXIT THE POLICY

SIC is there for you and you can visit any  of our offices for more information. As  Said earlier, most teachers do not know about the policy, We have more instances where teachers call for cancellation and after explanation of the policy to them they leave it and benefit at the end.

The deductions count but could do a lot for you in times of need or unforeseen circumstances.

HOW DO YOU KNOW THE NEXT OF KIN OF THE EMPLOYEES?

We also asked about the next of kin, since the employees were not engaged, how did they know the next of kin.

For this information it is taken from the data submitted to GES

Hence the next of kin on your GES data is the same with the SIC. But one can walk into the office anytime for more clarification or call the office on 030 275 0151

 

How to Cancel the deduction and get a full refund 1. 

Seekersnewsgh.com spoke with some teachers who were not interested in the policy and hence went ahead to cancel for a  full refund.

To cancel just Write a letter to the National Insurance Commission(NIC) indicating the wrongful deduction on your payslip by SIC and  that you wish to cancel.

Attach pay slips of the deducted months to the letter and submit.

Immediately it is cancelled, all deductions made will be refunded.

 

How to cancel the deductions 2. 

Download the GES SIC EXIT FORM Below 

GES_GROUP_LIFE_POLICY_EXIT_FORM1

 

Details of the forms

GES-SIC LIFE GROUP LIFE INSURANCE POLICY

EXIT FORM

NAME OF EMPLOYEE: ………………………………………………………………………………………
STAFF ID NUMBER: …………………………………………………………………………………………..
DISTRICT/REGION: ……………………………………………………………………………………………
CONTACT NUMBER: …………………………………………………………………………………………

 

BENEFITS:

Subsidized monthly premium of GH¢10.00

Death Cover (Natural & Accidental Causes): GH¢18,000

Permanent Disability: Up to GH¢18,000

10% Cashback every 3 years when no claim has been made within the period.

Critical Illness: GH¢9,000 Upon Diagnosis (Cancer, Kidney/Renal Failure, Heart Attack, Deafness, Loss of sight, Stroke, Paralysis, Loss of speech.)

DECLARATION
I declare that I DO NOT want to be part of the subsidized GES-SIC Life Group Life Insurance Policy.
SIGNATURE OF EMPLOYEE: ……………………………………………………
PROVIDE MOBILE MONEY NUMBER OR BANK ACCOUNT DETAILS FOR REFUND OF JUNE, 2018 DEDUCTION.
………………………………………………………….……………………………………………………..…………….………………………………………
………………………………………………………………………………………………………………………………………………………………………

 

Fill, and submit to any of their offices with your ID.

You can also fill scan and submit to their WhatsApp number 0501456983

TO APPLY

To Apply or enroll on the policy kindly call the contact provided

The office on 030 275 0151

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