Motor Compensation Fund

Statistics

Since the inception of the Fund in 1996, one thousand, seven hundred and fifty-one (1,751) persons have benefited from the Fund. These are persons who would not have received compensation from any Insurance Company, because of a breach of a policy condition or some other circumstance, such as Hit and Run Victims.

The total amount paid during the period is eight hundred and seventy three thousand, three hundred and twelve Ghana Cedis (GHc 873,312.00)