What Insurance Does My Business Need?
Select your business type — we'll show you exactly what's compulsory, what's strongly recommended, and what else to consider.
Select your business type above
We'll show you exactly what cover you need
Insurance Requirements for Businesses in Ghana
Every business operating in Ghana has specific insurance obligations under Ghanaian law, regulated by the National Insurance Commission (NIC). The most common compulsory cover is Workmen's Compensation, which is required for all employers under PNDCL 187. Businesses in the financial sector typically need Fidelity Guarantee, and every vehicle on Ghanaian roads requires Motor Insurance at minimum.
Beyond compulsory covers, NIC-regulated brokers in Ghana recommend a suite of policies based on your specific business risks — the type of premises you operate, whether you handle cash, the nature of work your employees do, and your exposure to third-party claims. Use the tool above to get an instant view of what applies to your business.
What Each Cover Protects
Motor Insurance
Required for all vehicles. Covers damage to your vehicle and third-party liability.
Workmen's Compensation
Covers employee injury, disability or death arising from employment. Compulsory under PNDCL 187.
Fire & Assets All Risks (AAR)
Covers buildings, stock, equipment and contents against fire, flood, theft and accidental damage.
Public Liability
Covers legal liability for injury or property damage to third parties from your business operations.
Fidelity Guarantee
Covers loss from employee dishonesty, theft or fraud. Commonly required for financial institutions.
Money Insurance
Covers cash in transit, in tills and in safes against robbery and theft.
Bonds & Surety
Guarantees contractual performance — Bid Bonds, Performance Bonds and Advance Payment Bonds.
Group Life
Pays a lump sum to staff families on death or total permanent disability. VAT-exempt in Ghana.