Benedicta Wugah Breaks the Silence: Why Most Ghanaians Still Don’t Trust Insurance

In a nation where insurance is often misunderstood, underutilized, or viewed with suspicion, one woman is on a mission to change the narrative—one conversation at a time.

On a recent episode of the Mid-Morning Show on Breeze FM, we sat down with Benedicta Wugah, a highly respected insurance professional and motivational speaker widely known as The Queen of Insurance. Her life story is not only inspirational—it is a bold reminder of why financial protection, particularly through insurance, is no longer optional in our fast-changing world.

From Adversity to Advocacy

Benedicta’s journey is deeply personal and moving. After losing her father to cancer and being left with no form of financial support or backup plan, she faced extreme hardship. As a teenager, she worked as a kayayo (head porter) and survived near-trafficking experiences—all because of financial instability.

Today, she stands tall as one of Ghana’s foremost voices in the insurance industry. Her testimony is one of grit, grace, and unshakable faith, proving that difficult beginnings can evolve into powerful platforms for change.

Debunking the Myths Around Insurance

Many Ghanaians associate insurance with death, superstition, or systems designed to exploit the vulnerable. Benedicta challenged these perceptions by presenting insurance not as a burden, but as a tool for empowerment and love.

“Insurance is a form of financial planning. It is not about expecting the worst, but preparing responsibly for life’s uncertainties,” she emphasized.

She explained that even basic funeral insurance plans are incredibly affordable, starting as low as GHS 3 per month, yet many still go without, burdening families when tragedy strikes.

Hard Truths Ghanaians Must Hear

In the interview, Benedicta highlighted an alarming reality: many Ghanaian families spend upwards of GHS 50,000 to GHS 60,000 on funerals—often relying on borrowed funds. Yet these same families may shy away from insurance contributions, which would have provided financial relief when it mattered most.

Her message was clear: we must shift from reactive to proactive living. Insurance is not about death; it is about safeguarding dignity, legacy, and peace of mind.

Insurance for Every Stage of Life

Benedicta also educated listeners on various policy types:

• Life Insurance: Offers financial support to your dependents upon death.
• Critical Illness Cover: Provides lump sum payments when diagnosed with specified illnesses.
• Education & Savings Policies: Helps parents plan for their children’s future without relying on loans.
• Group/Workplace Coverage: A tool employers can use to support staff well-being.

She urged listeners, regardless of income level or profession, to consult a trusted advisor and explore suitable policy options.

To learn more about life insurance options in Ghana or to speak with a professional advisor, stay tuned to Breeze FM’s upcoming features on financial literacy and personal development.

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