Commercial / Corporate Products

Products in this category

Star Motor Insurance

Star Motor Insurance Policy is designed to take care of your legitimate liabilities to third parties as well as damage to your vehicle due to fire, theft and other accidental risks in accordance with the Motor Vehicles (Third party) Insurance Act (1958). Bodily injury claims shall be calculated and paid according to the National Insurance Commission’s Limits on Motor Injury and Death Claims (CAP 2021).

Insure with the award-winning insurer and enjoy big savings on your car insurance premiums.


Star Third-Party Insurance

Third party insurance provides cover for liabilities to third parties property damage up to a limit of GHC 5,000. However, this can be increased at your request. Death and bodily injury sustained as a result of the insured’s negligence is also covered. Our Third party policy affords you with the peace of mind to drive and avoid paying out of pocket for damages to third party cars or properties.


Star Third-Party Fire & Theft

This policy covers your legitimate liabilities to third parties as well as cover for risks of theft and fire in relation to the customer’s vehicle.


Star Comprehensive

his policy sums up the two policies noted above with additional features. It provides liabilities to third parties, as well as theft, fire, scratches, windscreen damage, other accidental damage and malicious damage with regards to the customers’ vehicle.

We would provide our competitive quote after obtaining these details:
  • Year of manufacture
  • Cubic capacity
  • Value
  • Usage (private or commercial, etc)
  • Category (private individual or company)

Star International Travel Insurance

Travelling is always an exciting activity be it for leisure or business. The fun and excitement
comes with the responsibility to make your journey safe. Your desire to have a fun-filled travel
without worries is what we aim to achieve. Star's Travel Insurance provides cover for travelers
when they leave the shores of Ghana against a broad range of mishaps and host of unforeseen
events that may occur in the course of their trip.


The policy provides cover for Medical, Emergency Service & Repatriation up to €30,000

Additionally, we cover:

  • Hospitalisation
  • Accidental death and permanent disablement
  • Extended accommodation and travel expense
  • Complimentary / Free Insurance Extension
  • Loss of Personal Baggage
  • Compensation for delay in the arrival of luggage
  • Compensation (expense for replacement) for loss of essential documents
  • Compensation for in-flight loss of checked-in luggage
  • Hijack Benefit

We have a wide geographical scope of coverage including the Schengen countries, US, Canada, etc.

Star General Accidents


Star Personal/Group Accident

The Policy is designed to foster the welfare of individuals as well as to reduce the financial strain that an individual could undergo in the event of an accident. Personal Accident insurance is a 24hr worldwide policy to provide compensation to the insured or his legal representative for:

  • Death
  • Permanent total disablement
  • Temporary total disablement
  • Medical expenses

These injuries should be solely caused by violence, accident, or external and visible events.You may take either PA policy for yourself or a group policy for your family, organisation, etc. protecting you and them.


Star Personal Guard

Star Personal Guard is a tailor-made no-frills personal accident policy for everyone. It covers Death, Permanent Disablement and Medical Expenses.The policy has three (3) main limited options for its target market. We have the Silver, Gold and Platinum options.

The Silver Cover provides a Death and Permanent Disability limit of GHS 5,000 and a medical Expense limit of GHC 1,000.

The Gold Cover provides a Death and Permanent Disability limit of GHS 10,000 and a medical Expense limit of GHC 2,000.

The last and the widest cover is the Platinum cover. It provides a Death and Permanent Disability limit of GHS 20,000 and a medical Expense limit of GHC 5,000.

The policy can be readily assigned to any beneficiary; your capital sum is GUARDED and can be bequeathed to dependents.


Star Professional Indemnity

Under the professional indemnity policy, the Company agrees to cover the assured up to but not exceeding in the aggregate limits stated in the schedule for any sum or sums which the assured may become legally liable to pay arising from any negligent acts, errors or omissions occurring during the period of insurance specified as a direct result of the professional conduct of their business. This policy is more suitable for professionals like doctors, lawyers, accountants, architects, engineers and consultants.


Star Goods In Transit

We offer Goods-In-Transit policy which simply provides indemnity to the insured against loss or damage to the insured goods while they are being transported from one location to the other, normally within the country.


Star Burglary and Housebreaking

Our Burglary policy covers loss or damage to the subject matter such as stocks and contents as a result of forcible and violent entry into or exit from the premises. The resultant damage sustained by the premises in the course of the burglary is also covered.


Star Banker’s Indemnity

This insurance provides comprehensive insurance coverage from one single insurance policy to the institutions which have substantial financial transactions like Bank, finance house etc. We cover the Insured against all such losses sustained or discovered by the insured during the period of insurance.


Star Cash In Transit

The Cash-In-Transit policy indemnifies the insured against accidental loss or damage to the insured's cash, bank and currency notes, cheques, postal orders, etc. while in transit from one specified location to the other. Cash-Hold policy is effective when the insured’s cash is being held up on the business premises.The Cash-in-Safe cover provides indemnity against damage or loss to the insured’s cash while they are being kept safe at the insured’s location.

Engineering Products


Star Contractors All Risks (CAR)

The Contractors-All-Risk Policy is a package policy covering all risks to which a construction firm is exposed.

The policy covers the contract works, the materials and the insured's plant and machinery on the project site against any unforeseen and sudden physical loss or damage from any cause other than those specifically excluded.

The policy also covers you against sums you shall become legally liable to pay as damages consequent upon accidental bodily injury to or illness of third parties and accidental loss of or damage to property belonging to third parties occurring in direct connection with the construction items insured and happening on or in the immediate vicinity of the site. We design customized policies to cover all forms of civil engineering projects like airports, bridges, roads, schools, residential & office buildings, etc. and other special assignments.

The policy can also be extended to cover other costs such as clearance of debris, Professional fees and other related fees.


Star Erection All Risks (EAR)

Similar to Contractors All Risks (CAR), Star Assurance Erection All Risks (EAR) policy offers comprehensive and adequate protection against all risks​ involved in the erection, assembling, testing and commissioning of machinery, plant and steel structures of any kind, as well as third-party liability in​ respect of property damage or bodily injury arising in connection with execution of the contract.

Projects most appropriately insured under our EAR​ includes power & chemical plants, telecommunication towers, boilers and railways lines involving mainly steel and metal and where the erection,​ assembly, installation of the machinery/equipment are manufactured in the factory and brought to be assembled on site.


Star Contractors Plant & Machinery All Risks (CPM)

Bearing our prestige contractors in mind, our CPM policy is designed to offer comprehensive and adequate protection against accidental physical loss or damage to the contractors’ plant and machinery. It covers unforeseen and sudden physical loss or damage from any cause whatsoever except specifically excluded, occurring whilst the machinery is at work, at rest or during maintenance operations. It thus provide indemnity by way of repair, replacement, or cash payment to the insured when the insured item suffers loss or damage. Machines commonly insured under our CPM policy are cranes, bulldozers, graders, excavators, factory​machines and plants, etc. boilers (although they can be specifically insured under Boiler & Pressure Vessel policy).


Star Machinery Breakdown Insurance (MB /MI)

Machinery Breakdown Insurance (MB) is important for any firm largely operating plant or machinery.​

This is because the failure of certain machines can lead to major losses and thus threaten the existence of such a firm. In the light of this, we designed​ our Machinery Breakdown policy to address this concern. Our policy can thus be effected for all types of machinery, refineries, and apparatus, electrical equipment and plant, such as power generating units (turbines and generators), power distribution plant (transformers, high- and low-voltage switchgear), production machinery and plant etc. such that in the event of breakdown, indemnity would be provided to the insured. The scope of cover for our policy is such that, it provides an All Risks cover in respect of any sudden and unforeseen physical loss that leads to breakdown of the insured machinery.


Star Electronic Equipment Insurance (EEI)

The term Electronic Equipment comprises all electrical and electronic systems that are used in data processing and information transmission. Most common examples of such systems are office equipment, communications and radio equipment, medical equipment, Graphics industry equipment, broadcasting and TV equipment.​

The policy provides an all risk cover against any unforeseen and sudden physical loss or damage by any cause (other than the exclusions specified in the policy), thereby necessitating their repair or replacement. Cover is usually provided in respect of accidental material damage to the equipment, data media including cost of data reconstruction and increased cost of working.

Liabilities Insurance

This protects policyholders against unintentional damage suffered by third parties including passengers and Product Liability of ship owners along with their Legal Liabilities.


Star Public & Product Liability

While Public liability policies covers the insured against his / her liability to the public for death, bodily injury and property damage as a result of an accident, products liability indemnifies the insured against accidental death or bodily injury and property damage caused by the insured's products to the public  or consumers.


Star Employers Liability / Workmen's Compensation

We also provide Employer's liability or Workmen‘s compensation policy to cover our insured’s employees, who, in the immediate service of the insured shall sustain personal injury, disease or death arising out of and in the course of their employment.​

The Workmen's Compensation Act 1987 makes it compulsory for any employer of labor to set aside funds to compensate any worker who may be injured at the work place whether or not the employer is to blame.

The Policy could be extended to cover common law liabilities of the insured.


Star Professional Liability

Under the professional indemnity policy, the Company agrees to cover the assured up to but not exceeding in the aggregate limits stated in the schedule for any sum or sums which the assured may become legally liable to pay arising from any negligent acts, errors or omissions occurring during the period of insurance specified as a direct result of the professional conduct of their business. This policy is more suitable for professionals like doctors, lawyers, accountants, architects, engineers and consultants.


Star Directors and Officers Liability

This Policy shall indemnify the Directors or Officers of the company against Loss arising from any claim or claims made against them jointly or severally during the Period of Insurance by reason of any Wrongful Act committed in the capacity of Director or Officer of the Company.​​

Star Assurance shall pay on behalf of the Company Loss arising from any claim or claims made against the Directors or Officers jointly or severally during the period of Insurance by reason of any Wrongful Act in the capacity of Director or Officer of the company but only when the company shall be required or permitted to indemnify the Directors or Officers pursuant to the law, common or statutory, or the Memorandum and Articles of Association.​​

Wrongful act means any error, misstatement, misleading statement, act, omission, negligence, or breach of duty actually or allegedly committed or attempted by any of the Insured Persons, individually or otherwise, in their capacity as such, or any matter claimed against an Insured Person solely by reason of his serving in such capacity, and does not include any conduct actually or allegedly committed or attempted by Insured Persons in their capacity as a director, officer, trustee or employee of any organisation other than the Insured, even if service in such capacity is with the knowledge and consent of, at the direction or request of, or part of the duties regularly assigned to the Insured Person by the Insured.

Bonds Insurance

We also provide construction bonds to our clients in the construction industry. Such bonds include, Bid Bond, Performance Bond, Advance Payment Mobilisation Bond. Our Custom Bonds include Warehouse Bond, Removal Bonds, Retention Bonds, Security and Transit Bonds as may be required by the Ghana Revenue Authority - Customs Division.


Star Bid Bond

This Bond protects the project owner by guaranteeing that the contractor will perform in accordance with the terms of the contract.


Star Performance Bond

Provides protection against the risk of the contractor failing to fulfil their contractual obligation to the principal – project owner.


Star Advance Payment/Mobilisation Bond

Protection for the financier of a project against the default of the contractor/supplier for monies advanced to kick- start a project


Star Retention Bond

This provides a guarantee that the contractor will rectify any issues after the job / project has been completed.


Customs Bond

Provides guarantee against the non-payment of duties, taxes and other charges levied by the government on the importer for the importation of goods into Ghana.

  • Star Warehouse/Security Bond
  • Star Re-Exportation Bond
  • Star Exportation Bond
  • Star Removal Bond
  • Star Temporary Import Bond
  • Star Transit Bond

Marine Insurance Products


Star Hull Insurance

This refers to protection of vessel against damage to the structures and the machinery of the vessel caused by various perils such as collision, sinking, capsizing, stranding, fire, jettisoning etc. Normally, Hull Insurance is taken by owners of the ships / charters.


Star Cargo Insurance

Our Marine Cargo Insurance provides insurance for goods you may ship from one place to another, anywhere in the world.

We can arrange an Individual Cover for each shipment or an Open Cover which is a continuous policy providing automatic cover for all shipment described in the policy.

Our Marine Cargo Policy covers varied risks such as shipment by sea, by air, inland transits (bulk / in containers) and adopts the Institute Cargo Clauses A, B, C amongst others in providing you with robust and tailored cargo insurance in respect of all goods imported/exported in or out of the country.

Star Fire Insurance


Star Fire and Allied Perils

Our Fire and Allied Perils policy has been designed to cover losses or damages to your property resulting from Fire, Explosion and Lightning. It also covers loss or damage arising from such perils as Impact [usually by vehicles or animals], riot & strike, bursting or overflowing of water tanks, apparatus or pipes, flood, earthquake, hurricane, tornado, windstorm, cyclone, aircraft or any other aerial device.

Such properties as office equipment, stocks, raw materials, furniture and fittings, plants and other equipment may also be covered.

Our compulsory fire insurance for commercial properties extends to cover collapse of the building, material damage and legal liabilities to the third parties.

Sections 218 and 219 of the Insurance Act 2021 (Act 1061) make it compulsory for all private buildings under construction or completed and used for commercial purposes to obtain Fire insurance.

Your legal liabilities as owner of the premises in respect of loss of or damage to property, bodily injury or death suffered by third parties are also covered up to a limit of GHC20,000.

You would not only become compliant with the legal requirements but we provide the needed peace of mind.


Star StockAssure

Star StockAssure is our unique cover for retailers and other commercial enterprises that engages in the sale of merchandise. It covers various merchandise against our key perils: fire, Explosion, Riot, Strike, Impact by animals, trees, aerial, satellite dishes or vehicles; Bursting or overflowing of Water Tanks or Pipes, Earthquake, Flood, and Burglary (optional).

We entreat all commercial enterprises to have an adequate system of records in place for business continuity and claim assessment purposes.

Your Stock is well protected and contractually ASSURED.


Star Shop Insurance "Store Banbo)"

The Star Shop Insurance Policy, also known as “StoreBanbo)” provides holistic protection to the Small and Medium scale business operator against the overwhelming impact of losses resulting from:

  • Fire and its Allied perils (flood, earthquake, collapse of buildings, storm)
  • Burglary
  • Legal liabilities towards affected third parties and
  • Personal Accident: 24hr cover that provides financial relief to the business operator in the event of injuries or death through accidents.

Target market

  • SMEs with low business capital


  • The policy is targeted at SMEs with low business capital. Thus, with as low as Ghc 80.00, the business operator can purchase this insurance pack for a Sum Insured of Ghc 10,000.00 making it very affordable and attractive to all


Star Fidelity Guarantee

Due to possible infidelity or fraudulent acts of some employees, Star Assurance provides the Fidelity Guarantee policy that reimburses the Employer (insured) against all such direct pecuniary loss sustained by the Employer by all acts of fraud or dishonesty committed by any of the employed staff.​

The act must be in connection with his occupation and be discovered during the period of indemnity or within six months thereafter or within six months after the termination of such employment whichever shall happen first.


Star Assets All Risks

This is a comprehensive packaged policy providing cover against all risks/perils other than those which are specifically excluded in the policy. We will pay to the Insured the value of the property at the time of the happening of its accidental physical loss or destruction or the amount of such accidental physical damage or at its option reinstate or replace such property or any part thereof.


Star Boiler and Pressure Vessels

Star Assurance will during the period covered by this Policy and subject to the exclusions, provisions, definitions and conditions contained herein or endorsed hereon, indemnify the Insured against:

  • Damage (other than by fire) to any boiler or pressure vessel described in the Schedule and to other property of the Insured,
  • Liability of the Insured at law for damage to property not belonging to the Insured,
  • Liability of the Insured at law on account of fatal or non-fatal injuries to any persons other than the Insured’s own employees or workmen or members of the Insured’s family, caused by and solely due to explosion or collapse as hereinafter defined of any boiler or pressure vessel described in the Schedule whilst in the course of ordinary working; “Boiler” shall mean any fired closed container or a combined container piping system in which steam is generated under pressure. This shall include fittings, built-in superheaters and economizers.

“Vessel” shall mean any unfired closed container under steam or air pressure.

    Star Aviation Insurance

    Our Aviation insurance covers physical damage to the aircraft and its spares/equipment and legal liability arising out of its ownership and operation.

    This policy provides cover against:
    • Hull All Risk Covering all risks of loss or damage of the insured’s aircraft while in flight, taxiing, or on the ground on an Agreed Value basis.
    • Covering engines, spare parts and equipment destined to be fitted to or form part of the aircraft and /or to be used in connection with the servicing, property of others for which the insured is responsible, while such property is in the care, custody or control of the insured on the ground, or while at the premises of others, and while in transit by any means of conveyance including the insured’s aircraft
    • Covering Aircraft third party, passenger, passenger baggage, aviation general third party and cargo legal liability
    • Hull War and Allied Risks:
      - Covering the perils excluded on the Hull All Risks Insurance by the application of war, Hijacking and Other Peril Exclusion Clause.
      -Spare parts are covered under this section except specifically excluded (i) above.

    Insurers liability is limited to the sum insured specified under each section above.

    You can also learn more about
    our Individual / Personal products...

    Claims with Star Assurance

    Star Assurance believes in an easy, stress-free claims process through various means, be it through our portals, app or in person at any of our branches


    Approximate ratio of Claims settled

    24hr Claims

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