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 nationwide but was rejected by some teachers who said they were not informed and there seems to be no clarity or transparency in the policy. GES SIC LIFE INSURANCE POLICY; 2 EASY WAYS TO CANCEL FOR A FULL REFUND OR APPLY,
This led to a series of arguments between the Minister of Education then Hon. Dr. Mathew Opoku Prempeh and teachers mostly on radio and on social media. It led 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. Nobody seems 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.
About the Policy
The policy is a collaboration between GES and SIC Life and officially commenced in July 2019.
Benefits of the program 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 illnesses.
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 the claimant’s monthly member contribution from the 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 3 years can apply for a cashback of 10%.
Deductions to hit Teachers Professional Allowance for 2023Â
WHY WAS ORIENTATION NOT DONE FOR TEACHERS
According to the SIC, management of the GES failed to prompt them on recruits. Such should have been the case when GES prompts 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 benefits 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 issue is some teachers apply for cancellation of the policy after which the unfortunate incident happens to them, then they reapply for a benefit/claim while 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 an explanation of the policy to them they leave it and benefit in 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 as the SIC. But one can walk into the office anytime for more clarification or call the office on 030 275 0151
Third-party insurance premiums up from January 1 for private cars and taxis
How to Cancel the deduction and get a full refund 1.Â
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 them.
Immediately it is canceled, all deductions made will be refunded.
How to cancel the deductions 2.Â
Download the GES SIC EXIT FORM BelowÂ
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, in and submit to any of their offices with your ID.
You can also fill scan and submit it their WhatsApp number 0501456983
TO APPLY
To Apply or enroll on the policy kindly call the contact provided
The office on 030 275 0151
Besides some of us don’t never know the policy that we are doing,they don’t value their life that is why
please when I’m I benefitting from the contribution
You need to Apply oo
I don’t even understand them. We have to come together and claim our right, it’s been almost three years .
I hope they knw very well that this is a criminal act and they can be sued for that matter
The fact that SIC is for the state does not mean they should deduduct money without the owners knowledge, what kind of country is this?
Tell them. Some of us, the deduction stopped long ago when it was first initiated in 2019. But no refund has been done till date
Majority of us have been to their offices to cancel the policy and it is about 2years now, they haven’t and they keep deducting this so called unaware GES SIC Policy. Can GES tell us which policy to sign into?