Ghanacompares.com
  • Home
  • Insurance
    • Car Insurance
    • Travel Insurance
    • Fire Insurance
  • Money & Mortgage
    • Credit Card
    • Current Account
    • Loan
    • Mortgages
  • Internet
  • News & info
    • Articles
    • Terms & Conditions
    • Sitemap
    • Careers
    • How does it work?
    • Privacy policy
    • News
    • About us
    • Contact
Blog, News Car insurance, Home insurance, Life insurance

THE STORY BEHIND ATOMIC JUNCTION EXPLOSION

The twin explosion which occurred at the Atomic Junction on 7th October, 2017, had many concerns raised once again, as it was the eighth to have occurred in the past three years. Most of the issues are directed at the planning regulations and policies to control the development of these filling stations, but there is more to that. GhanaCompares.com blog team is here to update you.

What about the lives lost? What about the medical bills? What about the damaged property?

According to George Owusu, the owner of MANSCO Gas Ltd, he has lost millions of dollars. The question then arises – did he have it insured? How about the people whose properties were also affected by the fire? And the people who got injured and even died? Will they or their surviving members receive any form of benefit or compensation in the form of an insurance claim? Did any of the parties involved have an insurance cover on whatever was affected by this fire?

You will realise that filling stations are not necessarily buildings, so if a person is to go for an insurance cover, it would be advisable to go for a Business Insurance cover. He possibly could have gone in for a Liability cover as well, seeing that people may have been injured on his property. How about Vehicle insurance? Fire  and Allied Perils, or Fire Only insurance policies?

What about the people who were not necessarily on the premises but were still affected? Car owners. They may have had insurance, but if it was Third Party Only, what benefit could they have received if their cars were damaged by the fire?

There were also traders at the scene who may have escaped, but not without their property. Did they already have some form of insurance cover for their small scale businesses?

The topic of insurance still may raise questions and doubts in the minds of people, but to be a victim of a disaster such as this and not having a form of support to help you bounce back to work could be a worse situation than making sacrifices to manage a risk and in the end, never having to face an accident or disaster. You will just have to be advised properly and make sure that you understand everything you are signing up for. With everything done the right way, the odds are most likely to be in your favour! Conclusion: Insure your properties, life, vehicles and all your other assets. You can easily compare the best options and premiums on GhanaCompares.com

GhanaCompares Blog Team

 

by Ghanacompares
Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share on Linkedin
  • Share by Mail
https://ghanacompares.com/wp-content/uploads/2017/10/explosion-1039943_960_720.jpg 632 960 Ghanacompares https://ghanacompares.com/wp-content/uploads/2017/01/ghanalogo-300x46.png Ghanacompares2017-10-12 06:55:382017-10-12 09:38:53THE STORY BEHIND ATOMIC JUNCTION EXPLOSION

Compare now

  • Home insurance
  • Mortgages
  • Loan
  • Broadband
  • Health insurance
  • Car insurance
  • FIre Insurance
  • Foreign Travel
  • Current account
  • Read more articles

Insurers In Ghana

  • Vanguard Assurance Company Limited
  • SIC Insurance Company
  • Donewell Insurance Company Limited
  • Enterprise Insurance
  • Millennium Insurance
  • SIC LIFE INSURANCE COMPANY
  • DONEWELL LIFE ISNURANCE COMPANY
  • ACTIVA INTERNATIONAL INSURANCE

All insurance companies in Ghana

GhanaCompares.com

Submit a request for free quotations. Compare up to 5 different companies and select the quote that suits you best.

  • Twitter
  • Facebook
  • Linkedin
  • Youtube
  • Instagram

The Products

  • Home insurance
  • Mortgages
  • Loan
  • Broadband
  • Health insurance
  • Car insurance
  • FIre Insurance
  • Foreign Travel
  • Current account

News & info

  • Contact
  • News
  • Articles
  • How does it work?
  • About us
  • Terms & Conditions
  • Careers
  • Privacy policy
  • Sitemap
© Copyright 2017 - Ghanacompares.com
  • Twitter
  • Facebook
  • Linkedin
  • Youtube
  • Instagram
How to Shop for Car Insurance in Ghana None of Ghana’s commercial trains in operation are insured
Scroll to top