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,…

Jamaicans Urged to Plan for Retirement as More Persons Live Longer

By JN Life Insurance

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…

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…

Build Financial Resilience Through Life Insurance

By JN Life Insurance

Hugh Reid, General Manager, JN Life Insurance, says more Jamaicans should purchase life insurance for their families to build financial resilience. He points out that such a move would provide a chance for a better quality of life. The JN Life Insurance General Manager made this call during a series of activities to mark the…

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…

JN Life Celebrates High Performances in 2022

By JN Life Insurance

JN Life Insurance Company Limited performed creditably in 2022, recording high performances in key areas. Financially, all three focus areas of the company- individual life, group life and its pension business, the JN Individual Retirement Scheme- recorded year over year increases, which led to a 14 per cent increase in the company’s gross premium income…

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…