Compulsory workmen's compensation insurance in Ghana

As of 2020, all Ghanaian employees will be covered by a workmen's compensation insurance. It is the new version of the 1987 Act that has imposed such a decision.

In Ghana, workers' compensation has been mandatory since 1987. However, the application terms of this text have never been specified by the regulator which made employers evade their legal obligations.

Henceforth, the new provisions ensure adequate compensation for victims of work-related accidents. This measure should also boost the Ghanaian insurance market which remains dominated by motor insurance. The latter accounting for more than 40% of non-life premiums. The insurance penetration rate also remained very low (less than 2%).