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The GNAT Heritage Cash Back Plan

The GNAT Heritage Cash Back Plan is a ten-year income protection plan designed for members of groups or institutions. It allows the member’s family to continue to live out their dreams in the unfortunate event of their death or total permanent disability. This policy also returns all of a member’s premium contributions with a bonus at the end of the policy term, if no claim is made.
Who is the Policy for?

Anyone who is the breadwinner of their family.
Who has dependents?
Anyone who wants to protect the dreams and well-being of their family even in their absence.

Cover and Benefits

Heritage Life provides cover against death and total permanent disability. In the unfortunate event of your death, a death benefit will be paid to your beneficiary, while a total permanent disability benefit will be paid to you if you become disabled.

You have reimbursed your total premium contribution plus a bonus of 20% on all contributions:

If you survive the term of the policy without making a claim; or
If you exit from the member institution due to retirement or termination of employment.

How the Policy Works

The institution of which you are a member joins Heritage Life.
You sign up as a member of the scheme through your institution and select your benefits cover, inflation protection, and monthly premium.
You pay your premiums through the institution.

Premium Payment

Premium payment starts at the purchase of the policy and ends at the end of the policy term or when you exit the institution.
Other Features

To protect your benefits against inflation, the policy includes a 10% automatic premium adjustment and a 7.5% benefit adjustment, to be applied annually.
Advantages of this Plan

The insurance contract is reviewed and approved by your institution
Easy payment of premiums
Benefits are protected against Inflation
Return of premium plus a bonus if no claim is made

How to enroll

Designed for Teachers to provide a lump sum cover of Ghc23,112 for monthly premium payments of Ghc36.3. Subject to review. Contact your secretary

The policy returns all premiums paid plus 20% of these premiums under the following conditions:
1. IF you continue for 10 years, and no claim is made.
2. When you exit from GNAT due to retirement
3. If you exit from GNAT due to resignation
4. When you exit from GNAT due to termination of employment.

Before you begin, please ensure you visit the GOG portal and generate a mandate for Ghc36.3 subject to review.

The portal can be found at this address:

for educative reasons/purposes only contact the insurance company for more information


Peter N. Djangmah is a multifaceted individual with a passion for education, entrepreneurship, and blogging. With a firm belief in the power of digital education and science, I am affectionately known as the Private Minister of Information. Connect with me
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