Star Microinsurance Services Limited in partnership with the Ministry of Fisheries and Aquaculture Development on 1st December, 2015 launched the Fishermen Life Insurance Scheme (FLIS).
The product protects fishermen against perils of the sea. The policy covers natural or accidental death of fishermen as well as their fishing gears. At the launch, the minister of fisheries Hon. Sherry Ayittey highlighted some of the challenges that fishermen go through at sea and encouraged all fishermen to take the opportunity to insure themselves and their families. The product would be piloted within some selected fishing communities or landing beaches for three months starting from January 2016.