Thursday, March 28, 2024

Call to all BAICO policyholders

Date:

Share post:

THE SEARCH IS ON to find several hundred policyholders who could miss out on benefits from policies they had with British American Insurance (Barbados) Company (BAICO) which collapsed eight years ago.

Over the last week, the judicial managers of BAICO have been running an advertisement seeking about 426 policyholders, urging them or agents to get in contact with the office. The list also contained 14 listings for estates.

That is in order for them to collect letters advising them of a deadline relating to the final report recently approved by the High Court. In that report are the formal recommendations and outline of the details of the proposed treatment of remaining policies of BAICO.

Since the fall of the regional insurance company, the judicial management made arrangements to allow the policies to be transferred to Sagicor. (AC)

Please read the full story in today’s Daily Nation, or in the eNATION edition.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

BDF to conduct simulation exercise on April 2 & 3

The Barbados Defence Force (BDF) will conduct a Mass Casualty Simulation Exercise from Tuesday, April 2, to Wednesday,...

Barbadians reminded to file taxes online as filing season starts

The Barbados Revenue Authority (the BRA) is advising that tax filing season for 2023 begins on April 1 this...

Minister Abrahams’ statement on Ismail Patel’s passing

Below is the full statement by Minister of Home Affairs and Information, Wilfred Abrahams: I was saddened to...

Water bills for March to include February charges

A few weeks ago, the Barbados Water Authority (BWA) informed customers in parts of Christ Church and St....