Kotoko unveil partnership with Star Assurance

Kumasi Asante Kotoko have officially unveiled its partnership deal with Starlife Assurance.

The ceremony took place in Accra on Wednesday after an announcement of the partnership was made last year on November 4, 2020 after both parties came to an agreement after fruitful negotiations.

This mutually beneficial deal makes Starlife Assurance the official life insurance partner of Asante Kotoko and Star Assurance the team’s official general insurance provider as announced by the club.

The Life Assurance company joins the record Ghana Premier League champions for the next five years in a deal worth Gh¢5 million [Gh¢1 million a year].

Details of the contract are as follows:

• 1. Gh¢1 million a year sponsorship fee for 5 years (Gh¢5 million).
• 2. Gh¢ 200, 000 for Adako Jachie Training Complex Development.
• 3. Gh¢ 33.2 million gains for purchase and sales of Fabu Assure package for 5 years.

StarLife Assurance Company Limited is a leading Life Assurance Company offering a wide range of need-based life assurance products designed to meet the financial security needs of the insuring public.

Incorporated as a limited liability company in compliance with the new Insurance Law 2006, Act 724 in October 2005, thus making it the first Life Assurance company to be separated as a composite Company.