Use Critical Illness Policies To Assist With Financial Planning

By JN Life Insurance

Othneil Blagrove, Senior Manager for Sales, JN Life Insurance, is urging Jamaicans to make Critical Illness insurance a part of their financial planning because of the high cost associated with caring for persons with Critical Illnesses such as breast cancer. Mr. Blagrove explained that the need for families to invest in a Critical Illness insurance…

Earning an Income during Retirement

By JN Life Insurance

Othneil Blagrove, Senior Manager for Sales, JN Life Insurance Company. “Many persons are opting to find creative means, or a side job, to earn an income during retirement; and this is commendable because the extra income can supplement their pension from their retirement scheme, or from the National Insurance Scheme,” says Othneil Blagrove, Senior Manager…

Use Experience Of Pandemic To Implement Business Continuity Plan – Earl Samuels

By JN Life Insurance

Earl Samuels, chief development financing officer at The Jamaica National Group, believes the COVID-19 pandemic represents an opportunity for companies to implement business continuity planning and undertake risk assessments as a function in their business operations to become more resilient. He stated that business continuity planning and risk analysis should be undertaken by companies going…

Resist The Urge To Cash-In Insurance Policies – Experts

By JN Life Insurance

With the COVID-19 pandemic affecting many persons financially, two of the country’s leading insurance executives are advising policyholders to resist the urge to cash in on the investment portion of their policies. Mr. Orville Johnson, Executive Director of the Insurance Association of Jamaica said the insurance industry paid out $23.2 billion in claims in 2019,…

Overcome the Funeral Debt Trap

By JN Life Insurance

“Most persons do not like to consider the subject of death, as they believe it is too morbid. Hence, many fail to prepare financially for funeral costs and final expenses”, says Oliver Tomlinson, general manager of JN Life Insurance Company Limited. Mr. Tomlinson said that death is such an emotional subject, that its financial aspects…

Planning for a Funeral

By JN Life Insurance

Death may be a certainty; however, the stress associated with the costs of a funeral does not have to be, if plans are put in place to ease the financial burden, says Dr Damian Ffriend, Senior Manager – Sales, JN Life Insurance. Dr Ffriend notes that in preparing for death, there are many things to…

JN Life Critical Illness Products Provide Breast Cancer Coverage

By JN Life Insurance

Dr. Damian Ffriend, Senior manager, sales and services, JN Life Insurance Company JN Life Insurance has developed two critical illness products, which allows their clients with these policies to retain coverage even after the initial diagnosis of an illness.  The plans, which allow for persons claim as long as their premiums are up to date,…

NCDs Could Impact Productivity – Health and Wellness Minister

By JN Life Insurance

Jamaica could lose an estimated $47 billion in workforce productivity over the next 15 years, if more is not done to reduce the impact of Non-Communicable Diseases (NCDs) on the population. Dr. Christopher Tufton, who was speaking during the plenary session of the Bi-Annual Jamaican Diaspora Conference about Health and Wellness, highlighted that NCDs were…

JN Life Insurance Launches New Products

By JN Life Insurance

JN Life Insurance has launched two new Life Insurance products geared to individual persons and families to assist them with their funeral expenses. The Family Indemnity plan offers clients a maximum coverage of $1.5 million and has  Terminal and Critical Illness benefits. The plans, marketed as “JN Life Comfort” and “JN Life Family Comfort,” are…