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…
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,…
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 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…
JN Life Insurance Company, a member company of The Jamaica National Group, achieved an increase in profits during the Financial Year, January to December 2017, when compared to the previous year. Last year, the company earned Gross Premium Income of $524 million in comparison to $476 million for the previous Year. The under-writing profit for…
JN Life Insurance Company has underwritten fifty percent of the cost to conduct diagnostic tests for students attending 20 schools located in East Rural St. Andrew. The cheque handover took place at the Louise Bennett Coverly All Age School on September 15. The diagnostic tests, being conducted by The Mico University College Child Assessment and…
THE Jamaica Micro Finance Association (JaMFA) and the JN Life Insurance Company (JN Life) signed a Memorandum of Understanding (MOU) on Thursday, which makes JN Life the sole providers of “creditor life insurance” for the clients of members of association. In return, JN Life has committed to supporting initiatives that JaMFA plans to undertake as…
JN Life Insurance profits increased by 15 percent to $135.5 million, for the financial year ending December 31, 2015, and during its first full year of operations in 2014, the company recorded profits of $115.2 million. The new life insurer began writing business three years ago in July 2013, providing a Mortgage Life Protection Policy…
Avia Collinder, Business Reporter, Gleaner JN (Jamaica National) Life Insurance Company, a new operation that began writing business in 2013, grossed $51 million in premium revenue by year end December, and is targeting growth of 400 per cent this year. JN Life general manager, Oliver Tomlinson, said the company aims to develop market share via…
Sabrina Gordon, Business Reporter, Gleaner Jamaica National Building Society (JNBS) says its new life insurance company will open for business in the second half of the year. The financial services group was granted a licence by the Financial Services Commission (FSC) back in August. “Our next step now is to try and operationalise the…
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.