Colonial Life Insurance Company Ltd posted profits of $5.2 billion at the end of December 2014, according to the company’s latest financial statements. The T&T Guardian obtained the...
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Free insurance for imams
All imams in T&T are set to receive life sponsorship in an Islamic Micro Insurance Plan offered by Takaaful T&T Friendly Society. The Funeral Benefit Scheme (FBS) assures the payment of a grant of $4,500 on the passing away of the member to his nominee. Membership in the society entitles the imam to participate in any of the funds managed by the Society, attend the Annual General Meeting and receive annual reports and quarterly newsletters.
Any imam willing to take up the offer simply has to complete the membership application and nomination forms and submit these together with a copy of a photo ID. The offer is open to Sunni imams only and also includes lifetime membership in the society.
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