Diaspora Insurance is a global company that provides insurance products targeted at diasporas worldwide. Some of the key products are the Diaspora Funeral Cash Plan, the Group Funeral Cash Plan and the Diaspora Life Cover. This broad range of products and services creates opportunities for potential candidates living in the diaspora. However, before we discuss the various roles available at Diaspora Insurance, there is a need to take a glance at the values at the core of the company. What are the values of Diaspora Insurance? Our company values serve as a compass to our team members, showing them… Read MoreHow to get hired at Diaspora Insurance. Job opportunities you need to know
Part 4: Funeral Insurance Debate: Measures clients can take to mitigate risk of policy lapse due to non-payment of premiums
In my Part 3 blog: Traditional Funeral Insurance – A Mass Market Product That The Masses Do Not Understand, I focused on wide misconceptions by mass consumers on how insurance works with the view of helping an average policyholder manage their policy better for continuity of cover. In Part 1 blog; Funeral Insurance Debate: Why Cash-Based Funeral Plans Are The Future, I weighed in on the new future where all funeral policies should be cash-denominated for reasons of sustained value for money and treating customers fairly. I had also, previously in Part 2 blog: Traditional Funeral Insurance – A Focus… Read MorePart 4: Funeral Insurance Debate: Measures clients can take to mitigate risk of policy lapse due to non-payment of premiums
Diaspora Insurance takes part in the launch of the Ahanta Development Network Ghana-UK in Tokoradi, Ghana
April 17, 2023 Diaspora Insurance News, Ghana News
Takoradi, Ghana – Ahanta Development Network was launched on Saturday, 18th March 2023, in the conference hall of Akroma Plaza Hotel. The event was sponsored by Diaspora Insurance . Ahanta Development Network is a registered charity organisation in Ghana and UK set up by Nana Kwesi Quayson I to advance his charity works in Ghana and abroad. The organisation is to ensure quality education for brilliant but needy children in Ahanta areas, quality health care delivery for less privileged people living in Ahanta areas, and preservation of Ahanta customs and traditions. The ceremony, which was both dinner and fundraising, was… Read MoreDiaspora Insurance takes part in the launch of the Ahanta Development Network Ghana-UK in Tokoradi, Ghana
How to manage the impact of dying in the diaspora
For those who die in a foreign country, the cost of dying can be overwhelming. There are a variety of expenses associated with death, including funeral costs, repatriation costs, and more. In addition to these direct costs, you may also have to deal with legal and administrative costs. It is therefore important for individuals traveling abroad to plan ahead and take steps to protect their loved ones in the event of their death abroad. By understanding the potential costs involved, having a will in place, and ensuring family members have access to the necessary documents upon death, individuals can try… Read MoreHow to manage the impact of dying in the diaspora
Is this product only for Zimbabweans?
Diaspora Funeral Cash Plan is a bespoke product offered by Diaspora Insurance which is a very simplified product that guarantees peace of mind and comes on a guaranteed acceptance basis. Guaranteed Acceptance basis basically means we do not conduct any medicals both on application and on claiming, the following are the key features of the cover: Guaranteed acceptance with no medicals at all. Immediate US$, £, €, ZAR cash pay-out upon proof of death Worldwide cover, it truly is protection with no borders. Permanently US$, £, €, ZAR denomination policy Up to US$/£/€20,000 cover per life Body repatriation is not… Read MoreIs this product only for Zimbabweans?
The consequences of not having a funeral plan & how it can affect your family
When a loved one passes away, it can be a difficult time for the family and friends. Not having a funeral plan in place can cause additional stress and worry during this already difficult time. Without a plan, families may have to make decisions about the deceased quickly, without taking into account their wishes or financial situation. This could lead to financial strain as well as emotional distress. It is important to consider the consequences of not having a funeral plan in order to ensure that your family is taken care of after you pass away. Planning a funeral for… Read MoreThe consequences of not having a funeral plan & how it can affect your family
How do I pay my premiums?
As Diaspora Insurance we pride ourselves in providing specialist and bespoke insurance products to transnational citizens otherwise called Expatriates or Diasporans. Diaspora Insurance is a global company that provides a global service to meet our clients’ needs all over the world. It is possible to pay premiums from anywhere in the world. As part of treating our customers fairly Diaspora Insurance has different ways that our clients can use to Honour their payments depending on their location. Below is a list of the payment options that we have: Recurring Card payments The recurring card payment option is available to Mastercard… Read MoreHow do I pay my premiums?
With the times that we are in, and people are suffering from depression, why is your waiting period for suicide death, 24 months.
Suicide is defined as death caused by self-directed injurious behavior’s with the intent to die as a result of the behavior’s as defined by Institute of National Mental Healthy. A suicide clause is a provision in most insurance policies that states that the policy will be void if the policyholder commits suicide within a specified period following the policy start date. This period is usually two years. The Diaspora Funeral Cash Plan policy excludes any claim arising as a result of suicide (whether sane or insane) during the first 24 (twenty-four) calendar months from the date of commencement or reinstatement… Read MoreWith the times that we are in, and people are suffering from depression, why is your waiting period for suicide death, 24 months.
What is waiver premium?
Waiver of Premium is an additional insurance for the protection of the risk of failing to pay your monthly premium itself and usually means that the policy premium will be paid for by the insurance company for after a pre-agreed deferment period if you are unable to work either due to serious injury or critical illness. Other stipulations may apply, such as meeting specific health and age requirements. It is therefore a benefit that can be added to protection insurance policies, like life insurance, income protection and critical illness cover. As a type of add-on cover, also called a ‘rider’… Read MoreWhat is waiver premium?
Diaspora Insurance Xmas promo’ for our clients in the Ghana Corridor
January 12, 2023 Diaspora Insurance News, Ghana News
At Diaspora insurance treating our customers fairly is our culture. As result, we launched a Promo dubbed ‘Diaspora Insurance Xmas promo’ for our client in the Ghana Corridor. Christmas is a time of sharing so we decided to reward three lucky clients for choosing us. The 4weeks promo ended on December 12, 2022. The final draw was held in the studios of Omega Live Tv on 22nd December 2022. The business development Manager for the Ghana corridor was present, together with some dignitaries from the Ghanaian communities ‘ the Nananom, Pastors etc. The program began with a prayer from Archbishop… Read MoreDiaspora Insurance Xmas promo’ for our clients in the Ghana Corridor