miLife Insurance Ltd is a Ghanaian success story. The company has grown a premium income over the period of its inception in 2005 to over GHc24.0 million in 2017; growing from the 17th position in 2005 to 8th position in 2017. miLife is currently capitalized at GHS 56.8 million making it one of the most capitalized life insurance companies in Ghana. Its capital has gone up by almost four times of the regulatory capital requirement of GHS 15 million.
miLife focuses on providing, simple, affordable and more accessible life and savings insurance products to the mass market. The business provides educational, savings, funeral and term assurance policies. It also provides group life covers which offer protection for death, disability and critical illnesses.
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