Hugh Reid, General Manager, JN Life Insurance Company Limited wants Jamaica to consider a micro-pension scheme, as one key strategy to increase the number of persons enrolled in a retirement scheme and reduce the possibility of a pension crisis in the future. Mr Reid said with only roughly 20 per cent of the labour force…
Life insurance is a good tool to have if one wants to build generational wealth because it provides coverage against major illnesses and can be used to protect the family’s income in the event of the death of a breadwinner, explains Othneil Blagrove, senior manager, sales JN Life Insurance Company. The insurance manager explained that…
Critical Illness Insurance should be considered as an essential part of any financial and estate planning because of its potential to reduce the possibility of economic hardships on families in the event that one member is diagnosed with a major illness, says Othneil Blagrove, Senior Manager – Sales, JN Life Insurance. Mr. Blagrove explained that…
Retirement is mandatory regardless of career, and more Jamaicans in their working years need to see pension planning as urgent and not a matter for senior citizens, says Othneil Blagrove, senior manager – sales, JN Life Insurance Company. Mr Blagrove said receiving a pension can actually mean an individual is able to live comfortably, or…
JN Life Insurance Company Limited strengthened its share of the life insurance sector in 2023, while recording creditable performances across its business lines. Delivering remarks at the company’s 2023 Staff Awards ceremony dubbed the Golden Triumph Awards Gala at the Spanish Court Hotel on March 1, managing director of the JN Financial Group, Curtis Martin,…
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,…
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…
Mr Othneil Blagrove, Senior Manager, Sales and Marketing, JN Life Insurance is urging more persons to plan for retirement because more Jamaicans were living longer. He added that if this was not done, there would be a heavy burden on the Government to provide for the elderly. The life insurance executive pointed out that a…
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…
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…
JN Life Insurance Company Limited is committed to improving the lives of its customers by providing quality life
insurance services backed by
unparalleled customer support systems. The company aims to be the insurer of choice as it continues to meet and exceed stakeholders’ expectations of price,
service and expertise.