Pension Contributions Have Major Benefits to Economy – Economist

By JN Life Insurance

An economist has joined the call for employed Jamaicans to be automatically enrolled in a pension scheme to strengthen pension contributions and the retirement safety net.  Keenan Falconer, economist with the UN Jamaican Economy panel, stressed that pension contributions are beneficial to the economy because they can be used to advance areas, such as education,…

Why You Should Consider Life Insurance  in 2024

By JN Life Insurance

Life insurance can be a springboard to generational wealth because it provides coverage against major illnesses and can be used to protect the families, income in the event of the death of a breadwinner, explains Othneil Blagrove, senior manager, sales, JN Life Insurance Company. Types of Life Insurance The insurance manager explained that there are…

Lessen Dependence on Others When Planning for Retirement

By JN Life Insurance

Othneil Blagrove, Senior Manager, Sales and Marketing, JN Life Insurance has urged Jamaicans to lessen their dependence on others when it comes to retirement planning and start preparing for their golden years by enrolling in approved retirement schemes. Mr. Blagrove said the number of Jamaicans being eligible for a pension upon retirement is low, especially…

Starting Retirement Planning Early Has Benefits – Blagrove

By JN Life Insurance

Othneil Blagrove, Senior Manager, Sales and Marketing, JN Life Insurance is encouraging young persons to begin contributing to a retirement scheme as early as possible because of the benefits of starting young and also Jamaica’s rapidly aging population. Mr. Blagrove points out that the number of elderly persons in Jamaica’s population is expected to be…

High Numbers of Uninsured, Underinsured Could Hurt Economy

By JN Life Insurance

Hugh Reid, General Manager, JN Life Insurance, says the low number of Jamaicans without adequate insurance and pension is very concerning, as it has adverse implications for many families and the economy. The JN Life General Manager said currently more than 80 per cent of Jamaicans are without a pension plan and about the same,…

JN Life Insurance Celebrates 2022’s Top Performers

By JN Life Insurance

JN Life Insurance recognized its employees for their contribution in enabling the insurance company to have record-breaking year for 2022 during a ceremony held at the Terra Nova Hotel on April 3. What made the record-breaking year all the more remarkable was the naming of almost half of the JN Life sales team as qualifiers…

Consider Mutual Funds as Part of Retirement Planning

By JN Life Insurance

Investing in mutual funds as part of retirement planning can be beneficial to an investor in the long-term says Marissa Williams, Assistant Vice President, Sales and Client Services at JN Fund Managers. Ms Williams explained that for persons to enjoy their golden years, proper financial planning is necessary. She noted with rising inflation, investing in…

Life Insurance can be a Springboard to Generational Wealth

By JN Life Insurance

Life insurance can be a springboard to generational wealth because it provides coverage against major illnesses and can be used to protect a family’s income in the event of the death of a breadwinner, explains Othneil Blagrove, Senior Manager, Sales and Marketing JN Life Insurance Company. The insurance manager explained that there are different types…

Rise in NCDs Could Impact Productivity – JN Life

By JN Life Insurance

Hugh Reid, General Manager of JN Life Insurance, is urging Jamaicans to take their health seriously given the potential impact of non-communicable diseases (NCDs) on the economy and productivity in the next five years. Mr. Reid said a Pan American Health Organisation (PAHO) report has revealed that Jamaica could lose an estimated $47 billion in…