Korba, a leading Ghanaian multi-channel electronic platform, owned and operated by Halges Financial Technologies Ltd, has partnered with Prudential Life Insurance Ghana (“Prudential”), a leading life insurer, to provide life insurance cover, at no additional cost, for its active customers through its ‘Korba Care’ customer loyalty and rewards scheme.

The life insurance cover will provide financial support to Korba’s customers through two policy benefits – the Hospital Cash Plan (HCP) and the Death or Total Permanent Disability (TPD) Plan. The HCP is a living benefit that provides financial support to the insured life upon hospitalisation. The Death or TPD benefit takes effect in the unfortunate event that an insured life passes on or becomes disabled.

Claims will be paid according to the level of transactional activity on Korba to customers or their named beneficiaries with sum assureds up to GHS 10,000 for TPD or Death, and daily cash pay-outs of GHS 100 for up to 30 days of hospitalization. Speaking on this partnership, Chief...