State Insurance Company (SIC) Ghana Motor Insurance
SIC’s motor insurance policy provides you with covers for legitimate liabilities that may arise in the use of your vehicle. SIC’s motor insurance covers includes Third Party Only Cover, Comprehensive Cover and Third Party, Fire & Theft Cover.
Third Party Covers
This is our minimum motor insurance cover and indemnifies you or any other person driving with your consent against:
a) Death or bodily injury to any third parties, and/or Damage to property belonging to third parties. Damage to your vehicle is however not covered under this cover.
b) The minimum limit for third party property damage at present is GH¢2,000, However this can be increased at your request. Bodily injury is unlimited.
Third Party Fire & Theft Cover
This is an extension of the Third Party Cover, and provides indemnity for loss of or damage to your vehicle occasioned by Fire or Theft. It however does not cover other accidental damage to your vehicle caused by collision, overturning, etc.
The comprehensive motor cover cushions you against all of the risks described above, in addition to accidental damage to your vehicle arising from:
a) Accidental collision or over-turning
b) Fire, external explosion, self-ignition or lightening
c) Theft, burglary, housebreaking
d) Malicious act
e) Flood, Storm, Hurricane, Volcanic Eruption or Earthquake
Additional Benefits for motor insurance
Emergency Treatment and medical expenses: We pay for the first aid cost as well as the first treatment necessary to ensure the life of the accident victims.
Compensation for Bodily Injury or death: We pay compensation for bodily injury or death sustained by any member of your household or any other occupants, other than the policy holder or the driver.
Personal Accident Benefit to Policyholder/Driver: The policyholder and/or the person driving is entitled to our generous personal accident benefits.
Towing and Storage: In the event of an accident we pay for the reasonable cost of protection and removal of your vehicle to the nearest repairer or place of safety.
Tyre Replacement: We pay for the replacement cost of any tyre which is damaged and is rendered unusable as a direct result of an accident provided that the damaged tyre was not worn out, rethreaded or recapped prior to the accident.
Windscreen Damage: We pay the replacement cost of your windscreen if accidentally damaged, broken or shattered.
Private Car Pooling/Sharing: You are allowed to use your vehicle for social, domestic and other similar purposes as part of a car pooling/sharing arrangement.
Driving other Vehicles: We will pay your legal third party liability whilst driving a motor vehicle similar to yours but not belonging to you or hired to you under a hire-purchase agreement.
Use outside Ghana: For your travels within the sub-region, we will issue you with an international motor Insurance Certificate known as ECOWAS BROWN CARD. This policy cover liabilities as specified in the ECOWAS Brown Card Scheme whilst visiting other countries in the West African Sub-region.