National Insurance Debate: Komenda College of Education books spot in finals
Komenda College of Education has been declared winner of the inaugural National Insurance Debate for tertiary institutions- southern zone.
They will be contesting with St John Bosco College of Education who were the winners from the northern zone, in the grand finale scheduled to take place in Accra on November 16, 2022.
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Accra Technical University came second at the end of the debate which took place at the University of Cape Coast on Saturday, November 5, 2022.
Presenting the awards to the winners, the Central Regional Manager of the National Insurance Commission (NIC), Nicholina Naa Yeye Adumuah, reiterated the need for Ghanaians to read and understand the terms and conditions applied to the various insurance policies before they undertake that policy.
“We need to read or ask for the conditions attached to each policy before we undertake that policy,” she said.
She further urged Ghanaians to get insured to protect one from unexpected expenses.
For her part, the Cape Coast Branch Head of Priority Insurance, Herrietta Amoah, said: “Insurance is clearly of great advantage and importance. Insurance, like banking, promotes savings; it helps to remove various types of fear from the mind of the people.”
National Insurance Debate
The National Insurance Debate seeks to increase insurance knowledge levels of tertiary students, clear misconceptions these students may have about insurance and empower them to be change agents within their communities.
It also seeks to inform the insurance industry from the perspectives of tertiary students.
Eight tertiary institutions: Komenda College of Education; Accra Technical University; Koforidua Technical University; Ho Technical University; Takoradi Technical University; Dambai College of Education; Enchi College of Education and Kibi Presbyterian College of Education took part in the northern zone debate.
Dubbed, "Think Future Think Insurance” educational campaign, the debate was spearheaded by the Insurance Awareness Coordinators Group (IACG), with support from the German Development Corporation through GIZ, National Insurance Commission (NIC), Ghana Insurers Association (GIA), Chartered Insurance Institute of Ghana (CIIG), National Association of Ghana Insurance Agents (NAGIA), Insurance Brokers Association of Ghana (IBAG) and relevant stakeholders in the insurance sector.
In all, a total of 16 Insurance Awareness Clubs from selected tertiary institutions nationwide participated in the maiden edition of the National Insurance Debate from November 4 – 5, 2022 at the Kwame Nkrumah University of Science & Technology and the University of Cape Coast.
These clubs were formed as part of the “Think Future Think Insurance” educational campaign, a roadshow to 39 tertiary campuses from June – September 2022.