GES-SIC Insurance Exit Form | How To Exit | Download, Fill And Submit To

GES-SIC Insurance Exit Form | How To Exit | Download, Fill And Submit To

The Ghana Education Service, in partnership with the State Insurance Company (SIC), introduced a group life insurance policy for all teachers in the country from the year 2018. However, the policy met stiff resistance from the teachers. The primary reason for the resistance was because the premium deductions were made compulsory from the teachers’ salary. The teachers raised issues of freedom of choice or association. And claim they are matured enough to make their own decision. No matter the best intentions of the employer, freedom of association, as enshrined in the constitution prevailed. Teachers were then requested to fill out the GES-SIC insurance exit form in order to receive their money that was already deducted.

Despite the initial resistance and reasons stipulated for the need to seek the consent of the teachers before any deductions, the policy managers continue to enrol new teachers into the program without their consent. The life insurance company continues to deduct the insurance premiums from the salaries of new teachers. These new recruits, therefore, are in constant request for the processes and exit forms to exit the insurance policy.

How to exit

In order to exit from the insurance policy, enrolled teachers are supposed to fill out the GES-SIC insurance exit form. The forms must then be submitted at any of the State Insurance Company (SIC) offices. Even though, at the initial stage, teachers can submit the exit form at their union offices for the union officers to submit on behalf of the teachers, it appears the union offices are no longer submitting the exit forms on behalf of the teachers. Enrol teachers, therefore, have no option than to submit the exit form at any SIC offices themselves.

See also: 4 Key Things To Do Before Signing Any Insurance Policy

Nature of the exit form (Click here and select drive to download the GES-SIC insurance exit form)

GES-SIC LIFE GROUP LIFE INSURANCE POLICY
EXIT FORM

NAME OF EMPLOYEE: …………………………………………………
STAFF ID NUMBER: …………………………………………………………
DISTRICT/REGION: ………………………………………………………
CONTACT NUMBER: …………………………………………………………

BENEFITS:

 Subsidized monthly premium of GH¢10.00

 Death Cover (Natural & Accidental Causes): GH¢18,000

 Permanent Disability: Up to GH¢18,000

 10% Cashback every 3 years when no claim has been made within the period.
Critical Illness: GH¢9,000 Upon Diagnosis (Cancer, Kidney/Renal Failure,
Heart Attack, Deafness, Loss of sight, Stroke, Paralysis, Loss of speech.)

DECLARATION

I declare that I DO NOT want to be part of the subsidized GES-SIC Life
Group Life Insurance Policy.

SIGNATURE OF EMPLOYEE: ……………………………………………………

PROVIDE MOBILE MONEY NUMBER OR BANK ACCOUNT DETAILS FOR
REFUND OF JUNE, 2018 DEDUCTION.
………………………………………………………….…………………………………………………………..

Click here and select drive to download the GES-SIC insurance exit form

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