aYo Ghana wins insurance award

Ghana's leading mobile insurance company, aYo Insurance, has been crowned the Mobile Insurance Leader for 2026 at the annual Ghana Insurance Awards. The prestigious acknowledgment was bestowed upon aYo due to its unparalleled performance and influence in Ghana’s mobile insurance market. The Ghana Insurance Awards, held recently, honored industry pioneers, innovators, and leaders demonstrating excellence in the insurance sector. aYo has consistently been at the forefront of mobile insurance in Ghana, introducing affordable and accessible microinsurance products to MTN subscribers over the past nine years.

Over this period, aYo has provided insurance coverage to over 8.6 million lives, offering hospital and life insurance through airtime or MoMo deductions on MTN. The company has paid out more than GH¢44 million in claims to over 65,000 policyholders and beneficiaries across Ghana, aiming to further expand inclusion by ensuring that every Ghanaian utilizes insurance services.

Currently, aYo insures approximately 25% of the country's population and around 40% of Ghana’s adult population. Throughout its nine-year tenure, aYo has been committed to advancing services through state-of-the-art technology, seamless claims processing, and user-friendly digital solutions. The company emphasizes the value of funeral cover products, assisting low-income Ghanaians in covering funeral expenses for their loved ones while bolstering household resilience against risks.

Additionally, aYo offers hospital cash benefits on its products, covering both medical expenses and income replacement during hospitalization. Over the past nine years, aYo has safeguarded 25% of Ghana's population through four primary offerings – Recharge with Care (RwC), aYo Annual Cover, aYo Family Cover, and aYo Drive and Pay.

Recharge with Care (RwC), accessible via *296#, offers up to GH¢155 per night for hospital coverage and up to GH¢7,800 for life coverage with a minimal premium of GH¢15 per month. The aYo Annual Cover provides 12 months of protection with up to GH¢16,125 in life benefits and GH¢322.50 in hospitalization coverage for a one-time premium of up to GH¢396 annually, with policyholders earning a 10% cash-back if no claims are filed within the year. aYo Family Cover offers life and hospitalization coverage for the policyholder and six family members aged between 1 to 70, providing up to GH¢322.50 per night for hospitalization and up to GH¢16,125 for funeral expenses.

Lastly, aYo Pay and Drive is a flexible, pay-as-you-go motor insurance option allowing drivers to customize their coverage based on individual needs, with options for weekly, monthly, quarterly, and annual payments.