Business News of Saturday, 2 February 2019Source: Graphic.com.ghBayport introduces monthly motor insurance premium payment systemChief Commercial Officer at Bayport, Mr Donkor (L) with Head of BancassuranceThe Bayport Savings and Loans Ltd in collaboration with the Star Assurance has launched a motor insurance policy that will enable its customers to pay their premiums on monthly basis. Dubbed: "Bayport Motor Insurance", the policy offers customers of the company options such as Third Party, Third Party Fire, Theft and Comprehensive insurance policies to choose from. "Bayport and Star Assurance have officially completed all requirements and have received approval from Bank of Ghana and the National Insurance Commission (NIC) to trade the Bayport Motor Insurance," Ms Sarpong. She explained that unlike other insurance companies, Bayport and Star Assurance have instituted well thought out measures to ensure that claims are paid on time. "Bayport is excited about its new motor insurance because it is convenient and most importantly very affordable," she said.

Source: GhanaWeb February 02, 2019 18:56 UTC