The issue age for this policy is Eighteen to sixty (18 – 59) for the customer and Eighteen to Seventy-five (18- 74) for the Next-of-Kin.
What is the payment plan for MiWay Insurance?
The Premium payment for insurance will be deducted from your MTN Mobile Money wallet once per month. Premium is selected at the purchase of the policy and premiums are paid to keep policy in force.
1. Monthly premiums range from GH¢ 3.60 to GH¢15.60 with corresponding insurance cover ranging from GH¢ 1,000 to GH¢ 5,000.
2. The policy will elapse for non-payment of premiums after (3) three consecutive months of non-payments or ten (10) months accumulated arrears during the lifetime of the policy.
Customer will receive an SMS to inform them when the monthly premium is deducted.
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