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Enterprise Life an insurance company has introduce BOAFO PA policy insurance for traders at Kejetia new terminal, schooled them about the need to get themselves insured on the field of their businesses.
BOAFO PA policy is a life assurance product that is aimed at providing an innovative opportunity to build an enduring savings/ retirement accounts including life insurance benefit.
Speaking to the newsmen after the successful launch, the general manager in charge of Operations Mr.Francis Akoto Yirenkyi stated that for some couples of years Banks and other insurance companies always focus on government workers since they are normally easily to trace to get their money back which according to him this can not be continue and this is the reason why they have introdu this policy to help traders.
He said BOAFO PA insurance policy will help traders to get loan from any financial institution, adding that some traders find it difficult to get loan to open their business unlike government workers so this policy will provide great opportunities for traders to get loans at anytime and pay it back without difficulties.
He indicated that this policy is design to cover a member of the group who is saving towards a goal. Out of the total contribution, a portion is set aside to cover the risk being covered.”he added.
Mr. Francis Akoto Yirenkyi, the general manager in charge of Operations used the opportunity to highlight some of the policies been executed by Enterprise Life Assurance which includes Death cover – Main life & more, Accidental permanent Disability, Hospitalization, Asset all risk, investment, savings and pensions.
He concluded that Enterprise Life has come to provide lasting solution for every pocket which he advised every business oriented person including government officials to take the advantage and transact business with Enterprise Life.
Meanwhilethe president of Petty traders Association Nana Prempeh together with other business talcums in Kumasi Kejetia expressed their gratification for the management of Enterprise Life Assurance for coming out with such policies adding this will give hope to traders.
By Simon Opoku Afriyie otec fm/ choicenewsonline.com
