profiles = new Array(
    "Mission and Core Values |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland About Us Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Mission and Core Values Mission To be the leading Insurance Company by consistently providing superior customer service and creating enduring value for our stakeholders through innovative life and health insurance, pension, other financial solutions and an extraordinary team of employees and partners in a productive and caring environment. Core Values We embrace continuous training to enable all of us to think and operate effectively in an ever changing environment We strive to continuously build and work in a team-based environment We embrace two-way communication and upward challenge to allow for participation at all levels as the Company continues to build a world-class organization We respect and recognize each other and we continuously strive to create a corporate culture that is both caring and productive We build alliances and quality relationships with our customers in order to better serve their needs We strive to reduce costs while maintaining high standards in order to achieve the highest levels of productivity We operate in a manner to allow for superior growth in the business and to allow for a return on investment that exceeds cost of capital Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||about_us.html",
    "Planning for your Child's Future |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Articles Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Planning for your Child’s Future For most parents, planning for a child’s future ranks as the most important and costly exercise that they will ever make after purchasing a home. The presence or absence of a solid plan to provide your child with good quality education will play a critical role in the quality of future that he or she will experience in adult years. Unfortunately, many parents put off planning for their children’s tertiary education funding because the task appears overwhelming or they think saving the required amount of money will force them to severely compromise their current lifestyle. While these are legitimate concerns, they need not get in the way of establishing and maintaining an effective plan to finance your child’s tertiary education. Parents often make the mistake of waiting until their children graduate from the secondary education level before they attempt to identify a plan to source the required funding. As a result, many parents often get caught in the trap of depleting their retirement income or even taking on additional debt to offset the impending expenses. Whether considering a local or international university for your child, the key to effective planning is to begin saving as early as possible. Starting early affords you the comfort of saving a manageable amount on a monthly basis, which you can increase as your disposable income increases over time. Saving for longer periods also generates higher return on your investment by virtue of the longer time factor involved. There are several investment vehicles available that can assist you in planning for your child’s future. The financial instruments that will provide the greatest support for your plan are safe investment type products that offer the double benefit of tax relief and monthly compounded interest earnings. One such instrument is the OMNI EDUCATOR offered by NCB Insurance Company Limited (NCBIC). In addition to the tax free interest benefits and the monthly compounded interest earnings, the value-added feature of the OMNI EDUCATOR is the 20% paid by the company upon enrollment of your child into an accredited local or overseas tertiary institution. The grant paid by NCBIC is calculated as 20% of the policy's Accumulated Value that results from the eligible premiums. The first $100,000 of Contractual Premiums per year, to a lifetime maximum of $1.8 Million are eligible for this Grant. Another major feature of the OMNI EDUCATOR allows parents to invest lumps sum amounts starting at a minimum of J$10,000. Interest on these lump sum amounts are also paid tax free up to $1M per annum. In the event that you started to plan late, the lump sum facility offered by the OMNI EDUCATOR is very effective in providing an accelerated investment plan that will still allow you to source the required finances. With OMNI EDUCATOR, parents can avoid the stresses of struggling to find resources to fund their children’s tertiary education by starting early with a manageable savings and increasing that amount as disposable income increases over time. This can be combined with utilizing the lump sum facility to accelerate the growth of the investment especially where there is limited time before your child commences tertiary studies. For further information on how to begin saving toward a financially sound future for your child, please call 1-888-MY-NEEDS, where one of NCBIC’s knowledgeable advisors will be happy to introduce you to NCBIC’s diverse suite of insurance products. Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||articles_child's_future.html",
    "Critical Illness Protection |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Articles Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Critical Illness Protection It must be extremely difficult to be told by your doctor that you have a critical or terminal illness. The exorbitant cost associated with treatment, the loss of income as a result of not being able to work for an extended period of time or possibly never again, the fact that your family will still be depending on you to provide for them, and all the other concerns that arise when you get such horrible news. These concerns must be very hard to deal with on their own, but what will make the situation even worse is not being prepared financially for such an eventuality. Many persons are of the opinion that life and health insurance are the only forms of protection they need, but what if you are diagnosed with a critical or terminal illness? Are you prepared for the excessive medical bills that will face you? How will you manage financially? Life insurance will not help in this situation, as you are still alive so you cannot claim on your life insurance policy. Traditional health insurance will offer limited assistance, as in most cases it does not provide the coverage you need to survive a critical illness or lead a normal life after treatment. Many critical illness patients are unable to access the proper treatment they require as the costs are high and recovery is often prolonged. Recent statistics have shown that: 75% of healthy individuals over the age of 40 years will become critically ill some time in the future. One (1) in two (2) men and one (1) in three (3) women will develop a least one form of cancer at some stage in their life. One (1) in six (6) men and one (1) in eight (8) women over the age of 45 years has suffered a heart attack or stroke. What do these findings tell us? There is a very strong possibility that you will develop a critical illness and you do not know when or at what age it will happen. You need to be prepared for such an eventuality so that you can easily access the required treatment to make your chances of survival much higher, and so that your family can continue to enjoy a high standard of living while you are ill or recuperating. Don’t be caught off guard. Protect yourself and your family against the impact of terminal illnesses by taking out a critical illness protection plan. Make sure you can access the necessary treatment and maintain your quality of life and independence after the onset of a critical illness. Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||articles_critical_illness.html",
    "The Pensions Legislation |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Articles Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision The Pensions Legislation After more than 50 years of Employer-sponsored Superannuation Funds being regulated under The Income Tax Act 1955, Jamaica’s Pensions legislation – The Pensions Act 2005 and the Regulations 2006, came into effect on September 29, 2006. As a result no Employer can operate a Superannuation Fund that is not registered by the Financial Services Commission (FSC). The following is an example of the Jamaican laws that comprise the Pensions legislation: The Trustees Act, 1897 : provides guidance on the standards of behaviour for Trustees The Income Tax Act, 1955 : provides information on the 3 types of Retirement Savings that qualify for Approval and the tax-deductible and tax-deferred benefits; the framework for establishing, operating and winding-up a Plan; The Pensions (Superannuation Funds and Retirement Schemes) Act, 2005 and The (Governance) (Investment) (Registration, Licensing and Reporting) Regulations, 2006 : Regulations by the FSC ( www.fscjamaica.org ) focused on monitoring Approved Superannuation Funds and Retirement Schemes, standards of duty and care for Employers, Trustees, Pension Advisors and Professionals (actuary, auditor, administrator, investment manager, etc); The (Governance) Regulations provides information on the documents that must be given to Plan Members and their beneficiaries; The Board of Trustees must include Member-appointed, Deferred Pensioner and Pensioner-appointed Trustees, where applicable. You are encouraged to purchase your own copies of these documents for your home library. Why? The (Governance) Regulations 2006 Section 7 specifies that Trustees have the duty to preserve a terminated Member’s benefits for a period up to150 years. Section 7 (1) (o) (i) and (ii) states where the monies or benefits remain unclaimed after 5 years, the – (i) in respect of an ongoing fund or scheme, after advertising annually in accordance with paragraph (n) for a period of not less than five years, retain the monies or benefits shall not revert to such fund or scheme, except after a period of 150 years; (ii) in respect of a fund or scheme which is being or is to be wound up, after advertising annually in accordance with paragraph (n) for a period of not less than five years, shall pay the monies or benefits payable into the Supreme Court not later than six months thereafter. When you are making your purchase of the laws, also include a hard cover binder, dividers and request that the documents be punched and bound into the binder. The documents can be purchased from the Jamaica Printing Services and it is located at 77½ Duke Street, Kingston or you may contact them via the telephone at 967-2250/3982 or 948-4951. Effective September 29, 2006 the legislation required all Superannuation Funds to be compliant with The Pensions Act and Regulations. Unless a Superannuation Fund’s Trust Deed and Rules were compliant in every way, the documents would be amended to comply with the legislation. The Employer and the Trustees are aware that the required amendments should be completed with advice from an Attorney (Pensions) and Plan Administrator. Additionally, there is a requirement for the Fund to be registered and the Trustees licensed. The registration requirements attract fees and this may affect the investment yield or credited interest to be applied to the Fund and each Member’s contributions. The following are some key points that should help you to understand the benefits that are being accumulated in an Approved Superannuation Fund: Know the type of Plan . Is it a Defined Benefit or Defined Contribution? Know the vesting type, period and conditions . Keep your pay slips and Annual Member Statements until your retirement date. Your contributions are tax-deductible benefits for a calendar year – January to December . If there is an error in your contributions it must be corrected by December 31 of each year. Know your pensionable salary . This could be different from your gross salary. Ensure that your beneficiary data is up-to-date . Obtain a copy of the Fund’s constitutive documents (Trust Deed & Rules) and the Member Handbook . The Income Tax Act, The Pensions Act and Regulations have many sections dedicated to the rights and benefits of Plan Members and their beneficiary(ies). Purchase a copy of these documents, read them and ask questions. Your Employer-sponsored Approved Superannuation Fund provides benefits in the event of death, disability and retirement. It’s your right to know what is provided under the laws of Jamaica. Contributed by: Magdalena Cooper-de Neuze, LUTCF, CLU, CH. F. C. New Business Manager - NCBIC Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||articles_pensions_legislation.html",
    "Why you need to have a Will |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Articles Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Why you need to have a Will Death is a very painful subject that many persons prefer not to think about. It may occur unexpectedly or after a period of illness, resulting in tremendous pain and anguish for relatives and loved ones who are left behind. The family’s distress can also be magnified if the person did not have a well thought out estate plan in place. A very important aspect of the estate plan is the preparation of a Will. A Will indicates who should take care of your family and how your possessions and money are to be distributed if something were to happen to you. If you die without leaving a Will, the state will decide how your estate is to be divided and may also have to name a guardian to oversee any minor children (under 18 years) you have. If you are single with no dependents, your parents and/or siblings will get your possessions and if you have no relatives, the State will take over your assets. It is therefore important for you to prepare a Will, as the states’ decisions regarding your minor children and the distribution of your assets may not be in line with your wishes. When preparing your Will you need to take a number of things into consideration. You need to name an executor or personal representative to make sure your wishes are carried out. If you have minor children, you need to name a guardian who will have responsibility for their care and a trustee to manage the money and property that is left to them until they are18 years of age. You need to specify to whom and in what proportion your assets are to be divided/distributed. Some of your assets may not be covered by your Will. These include such things as life insurance policies and retirement plans , which have named beneficiaries, assets that are owned with someone else in joint tenancy , such as real estate, automobiles and bank accounts; and community property which automatically passes to a spouse or domestic partner. Make sure you update your beneficiary designation if your situation changes as the named beneficiary will automatically inherit the asset in question, regardless of what your Will specifies. A Will is a very important document that needs to be prepared by all persons with assets or a family. It is your way of ensuring that your family is properly taken care of and your assets distributed appropriately in the event of your death. Your family’s future should never be left to the mercy of the State and you should be the one making the decision as to who gets your assets. It is always better to have a Lawyer advise you when preparing your Will, but software programmes and kits that can guide you are also available at most bookstores. If you have not already prepared your Will why not take the time to write it now so that you can be sure your wishes will be carried out when you are no longer around. Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||articles_will.html",
    "Professor Alvin Wint |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Board of Directors Professorof Intl. Business: Department of Management Studies at the University of the West Indies, Mona campus. Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Professor Alvin Wint , B.A., M.B.A. Alvin Wint holds an MBA in Finance and has a Doctorate in International Business from the Harvard Business School. He is currently Professor of International Business in the Department of Management Studies at the University of the West Indies, Mona campus. Professor Wint is an expert resource person for the United Nations and a former consultant to the World Bank. He serves on the boards of Jamaica Producers Group, NCB Jamaica Limited, Jamaica Promotions Corporation and the Statistical Institute of Jamaica. He is Chairman of the Audit Committees of the Boards of NCB Jamaica Limited and NCB Insurance Company Limited. Other Board Members Professor Alvin Wint Wayne Chen Yvonne Clarke Collin Mckenzie Patrick Hylton Milverton Reynolds Dave Garcia Dennis Cohen William Mahfood Dr. Christopher Tufton Ingrid Chambers Jennifer Dewdney Kelly Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||board_alvin_wint.html",
    "Dr. Christopher Tufton |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Board of Directors Lecturer: International Business Strategy, University of the West Indies. Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Dr. Christopher Tufton Dr. Tufton is a full time lecturer at the University of the West Indies, Jamaica, teaching International Business Strategy, International Marketing, Entrepreneurship and New Venture Creation. Dr. Tufton completed his Doctorate in Business Administration at Manchester Business School, University of Manchester, England in 2002. Prior to which he completed his undergraduate degree in Management Studies at the University of the West Indies and his Masters of Sciences degree in Marketing at Georgia State University Atlanta, USA. Over the last five years Dr. Tufton has written several papers on subjects primarily related to international business and market strategy, in particular, Foreign Direct Investments, and the impact of public policy on industry. He has participated in several professional conferences and seminars in a number of locations in North America and Europe. Back in Jamaica, Dr. Tufton is involved in a number of professional and community service activities, including, business consulting, the Kiwanis club, and politics. Dr. Tufton is married with two children. Other Board Members Professor Alvin Wint Wayne Chen Yvonne Clarke Collin Mckenzie Patrick Hylton Milverton Reynolds Dave Garcia Dennis Cohen William Mahfood Dr. Christopher Tufton Ingrid Chambers Jennifer Dewdney Kelly Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||board_christopher_tufton.html",
    "Colin Mckenzie |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Board of Directors Lecturer: Tropical Metabolism Research Unit (TMRU), University of the West Indies. Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Colin Mckenzie Dr. Colin Mckenzie is a Lecturer at the Tropical Metabolism Research Unit (TMRU), University of the West Indies (UWI) and holds a DPhil from the University of Oxford. A previous Rhodes Scholar for Jamaica, he is the recipient of many academic awards including the University Medal for Surgery (1990) and the University Medal for Internal Medicine and Therapeutics (1990), awarded to the top student in each subject area and the Clinical Medal (1990), awarded to the student with the best overall performance in final exams at the Faculty of Medicine. Dr. Mckenzie has written numerous publications and participated in several medical projects, the most recent being a study on Candidate genes for blood pressure: family-based association studies and meta–analyses. Dr. Mckenzie is a member of the Medical Association of Jamaica and the American Society of Human Genetics. His research interests centre on the role of genetic variation in chronic non-communicable diseases. Dr. McKenzie is married with 3 children. Other Board Members Professor Alvin Wint Wayne Chen Yvonne Clarke Collin Mckenzie Patrick Hylton Milverton Reynolds Dave Garcia Dennis Cohen William Mahfood Dr. Christopher Tufton Ingrid Chambers Jennifer Dewdney Kelly Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||board_colin_mckenzie.html",
    "Mr. Dave Garcia |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Board of Directors Attorney-at-Law/Partner: Myers Fletcher and Gordon. Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Mr. Dave Garcia Mr. Garcia is the General Manager -General Counsel & Special Projects at NCB Jamaica Limited. He is responsible for providing the Bank and its subsidiaries with general advice, leadership and direction on all legal and regulatory matters. He is charged with overseeing the operations of the Organization’s General Counsel Division and guiding the Group’s legal strategy in its drive towards becoming the most dominant financial institution in the region. His role also encompasses interaction and communication with External Counsel acting on behalf of the NCB enterprise. A former Partner at Myers, Fletcher & Gordon (MF&G), Mr. Garcia possesses a wealth of experience in civil litigation with an emphasis on banking, employment and industrial relations, corporate and commercial matters. He is also experienced in tax and telecommunications disputes. He is currently a Director; and was formerly Chairman of the Conduct Review Committee; Member of both the Audit Committee and Investment and Loan Committee for NCB Insurance Company Limited. He was called to the Bar in 1998 and is a graduate of the Osgoode Hall Law School, York University, having obtained a Master of Laws Degree for studies in Corporate Law. He was awarded a Bachelors of Laws Degree from the University of the West Indies and a Legal Education Certificate from the Norman Manley Law School. Mr. Garcia has been the recipient of several academic scholarships and awards, including the Jamaica Scholarship and the Carreras Post-graduate Scholarship. He continues to contribute to the development of legal education in Jamaica, by lecturing at the Norman Manley Law School. Mr. Garcia is married with two children Other Board Members Professor Alvin Wint Wayne Chen Yvonne Clarke Collin Mckenzie Patrick Hylton Milverton Reynolds Dave Garcia Dennis Cohen William Mahfood Dr. Christopher Tufton Ingrid Chambers Jennifer Dewdney Kelly Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||board_dave_garcia.html",
    "Dennis G. Cohen |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Board of Directors Deputy Group Managing Director: National Commercial Bank Group. Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Dennis G. Cohen , F.C.A., F.C.C.A., B.Sc. Mr. Cohen joined NCB in 2004 as Group Chief Financial Officer after a decade of experience gained at Citibank N.A. Jamaica, including serving as Country Treasurer for the local branch and its affiliates. He also served as head of Citibank's Relationship Management Group. Prior to commencing his career in Banking, Mr. Cohen was employed to PricewaterhouseCoopers as a Senior Accountant. A Chartered Accountant by profession, Mr. Cohen has served in the local banking industry for almost thirteen years. Prior to joining NCB, he served in a number of positions at Citibank N.A. Jamaica, including that of Country Treasurer for the local branch and its affiliates. He also served as head of Citibank's Relationship Management Group. Prior to commencing his Banking career, Mr. Cohen was employed to PricewaterhouseCoopers as a Senior Accountant. Other Board Members Professor Alvin Wint Wayne Chen Yvonne Clarke Collin Mckenzie Patrick Hylton Milverton Reynolds Dave Garcia Dennis Cohen William Mahfood Dr. Christopher Tufton Ingrid Chambers Jennifer Dewdney Kelly Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||board_dennis_cohen.html",
    "Board of Directors |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland About Us Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Board of Directors At NCB Insurance Company Limited, we believe results are important. Our commitment to achieving these results is key to maintaining the public’s trust and confidence in our company. Our Board of Directors is comprised of a strong, balanced blend of skills and experience, aimed at keeping the public’s trust through strong management and oversight of our company’s operations. Board Members Yvonne Clarke Wayne Chen Professor Alvin Wint Collin Mckenzie Patrick Hylton Milverton Reynolds Dave Garcia Dennis Cohen William Mahfood Dr. Christopher Tufton Ingrid Chambers Jennifer Dewdney Kelly Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||board_index.html",
    "Ingrid Chambers |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Board of Directors Managing Director: NCB Insurance Company Limited & West Indies Trust Company Limited. Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Ingrid Chambers , B.Sc., E.M.B.A. Renowned as one of Jamaica’s premier bank assurance experts, Ingrid Chambers has over 26 years of experience in the banking sector. She holds a Bachelor of Science degree in Management Studies and an Executive MBA with a minor in Technology Management from the University of the West Indies. Having held a number of executive management positions throughout the years, Ingrid’s career is marked by tremendous experience in areas of sales, systems, operations, human resources, finance and strategic management. Ingrid’s career in insurance began in 1980 at Caribbean Atlantic Life Insurance Company. She went on to work with such firms as Life of Jamaica (LOJ), Crown Eagle and Scotia Jamaica Life Insurance Company, before finding her place among the prestigious team of experts at NCB Insurance Company Limited in 2002. Ingrid has been described by colleagues as a “people person”, as her work displays that her real appetite is not simply to make money but to build people and institutions. A supporter of the notion that the key to an organization’s success is its people, Ingrid believes that employees as internal customers are the most important, as their satisfaction and motivation are the key to satisfying external customers. She is Chairman of NCB (Nominees) Jamaica Limited, a Director of Mutual Security Insurance Brokers Ltd., Vice President of the Insurance Association of Jamaica (IAJ), and an Executive Member of the Pensions Fund Association of Jamaica. Other Board Members Professor Alvin Wint Wayne Chen Yvonne Clarke Collin Mckenzie Patrick Hylton Milverton Reynolds Dave Garcia Dennis Cohen William Mahfood Dr. Christopher Tufton Ingrid Chambers Jennifer Dewdney Kelly Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||board_ingrid_chambers.html",
    "Jennifer Dewdney Kelly |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Board of Directors Group Chief Compliance Officer and Company Secretary: National Commercial Bank Group. Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Jennifer Dewdney Kelly , B.A.(Hons.) Law Jennifer Dewdney Kelly is an Attorney-at-law with over 19 years experience in the legal profession. Before joining NCB in 1989, she worked in a private law firm. Prior to her present assignment, she held the positions of Assistant Legal Officer / Assistant Company Secretary and General Council/Company Secretary. Mrs. Dewdney Kelly holds a B.A. (Hons.) Law degree and is a member of the Jamaican Bar Association. Other Board Members Professor Alvin Wint Wayne Chen Yvonne Clarke Collin Mckenzie Patrick Hylton Milverton Reynolds Dave Garcia Dennis Cohen William Mahfood Dr. Christopher Tufton Ingrid Chambers Jennifer Dewdney Kelly Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||board_jennifer_dewdney_kelly.html",
    "Milverton Reynolds |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Board of Directors Managing Director: Development Bank of Jamaica Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Milverton Reynolds Mr. Milverton Reynolds was appointed Managing Director of the Development Bank of Jamaica Limited on January 2, 2007, bringing with him a wealth of experience in banking and insurance in both private and public sector entities. The trend of excellence marked in his career began during his academic years when he received several awards including the 1968 Royal Bank Scholarship and the Canadian Commonwealth Scholarship in 1972. He holds a Bachelor of Science in Management Studies from the University of the West Indies, and a Masters in Business Administration (MBA) from McGill University in Montreal, Canada, and the University of London, England. He entered the banking field in the early 1970s, working with local indigenous institutions such as the Jamaica Citizens and the Workers Savings and Loan Banks, as well as the international audit firm, Peat Marwick & Partners. Mr. Reynolds spent five years at the National Housing Trust as Manager of the Project Appraisal and Lending Office, and then went on to serve as Assistant Vice President for Investment for Life of Jamaica. In 1997, he became the President and Chief Executive Officer of Life of Jamaica, a position he held for five years. Between 2002 and 2006, Mr. Reynolds moved to the National Housing Development Corporation, a statutory agency responsible for Operation PRIDE, a government programme providing settlement for persons earning below a certain threshold. Mr. Reynolds is committed to the development of the country and in this regard, gives others an opportunity to benefit from his expertise and knowledge by holding positions on various boards such as the National Housing Development Corporation, Allied Insurance Brokers, NCB Insurance Company, First Global Bank Ltd., and the media house KLAS Limited. He currently serves on the boards of the National Housing Development Corporation (NHDC), Allied Insurance Brokers, First Global Bank Ltd., and KLAS Limited. Married with five children, Mr. Reynolds enjoys jogging, reading and playing lawn tennis. Other Board Members Professor Alvin Wint Wayne Chen Yvonne Clarke Collin Mckenzie Patrick Hylton Milverton Reynolds Dave Garcia Dennis Cohen William Mahfood Dr. Christopher Tufton Ingrid Chambers Jennifer Dewdney Kelly Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||board_milverton_reynolds.html",
    "Patrick Hylton |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Board of Directors Group Managing Director: National Commercial Bank Group. Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Patrick Hylton , A.C.I.B., B.B.A. C.D. Patrick Hylton first received local and international acclaim when he was appointed a leading role by the Government in the rehabilitation of the Jamaican financial sector during the mid 1990s. The wealth of his experience in all facets of the financial services industry led to him being named the Managing Director of FINSAC for five (5) years, where he had responsibility for the re-structuring and divestment of intervened financial institutions and the acquired assets. His successful completion of that undertaking culminated in the national award of the Order of Distinction, Commander Class, being bestowed on him by the Prime Minister and Governor General of Jamaica in 2002. In 2002 he joined the island’s largest commercial bank, National Commercial Bank Jamaica Limited (NCB), as the Deputy Group Managing Director, where his responsibilities included the Bank’s investment and insurance subsidiaries. On December 1, 2004 Mr. Hylton was appointed the Group Managing Director of NCB and since then he has led the organization to achieve record growth in profitability. Complementing his strategic business acumen and an empathetic but firm leadership style, are his academic achievements as an Honours Graduate in Business Administration and as an Associate of the Chartered Institute of Bankers (ACIB) London. He is the President of the Jamaica Bankers Association and in addition to being a Director of NCB, Mr. Hylton is the Chairman of Harmonisation Limited and sits on several boards including the Caribbean Information and Credit Rating Services (CariCRIS). Other Board Members Professor Alvin Wint Wayne Chen Yvonne Clarke Collin Mckenzie Patrick Hylton Milverton Reynolds Dave Garcia Dennis Cohen William Mahfood Dr. Christopher Tufton Ingrid Chambers Jennifer Dewdney Kelly Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||board_patrick_hylton.html",
    "Wayne Chen |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Board of Directors Chairman: NCB Insurance Company Limited & West Indies Trust Company Limited Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Wayne Chen , LL.B. Wayne Chen is the Chief Executive Officer of Super Plus Food Stores, Jamaica’s largest retailer. Mr. Chen holds an LL.B (Hons.) degree from the University of the West Indies and he is the recipient of several national awards including the Jamaican Institute of Management Young Entrepreneur for 1997 and the Jamaica Observer Business Leader of the Year in 1998. Mr. Chen is the Chairman of NCB Insurance Company Limited and West Indies Trust Company Limited. He is also a Director of NCB (Cayman) Limited, AIC (Barbados) Limited and the Christiana Town Centre Limited. Other Board Members Professor Alvin Wint Wayne Chen Yvonne Clarke Collin Mckenzie Patrick Hylton Milverton Reynolds Dave Garcia Dennis Cohen William Mahfood Dr. Christopher Tufton Ingrid Chambers Jennifer Dewdney Kelly Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||board_wayne_chen.html",
    "William Mahfood |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Board of Directors William Mafood Managing Director Wisynco Trading Limited Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision William Mahfood William Mahfood has held the esteemed position of Managing Director for Wisynco Trading Limited for over 13 years. His entry into the field began soon after he gained a Bachelor of Science degree in Industrial Engineering and Management Information Systems from Northeastern University, located in Boston, Massachusetts, when he returned to Jamaica. William postponed his post-graduate studies in 1988 to honour his father’s request that he join the family business, then known as Mahfood Commercial Limited. He quickly worked his way up the company ladder, to become the managing director in 1994. Corporate citizenship has always been an important priority of Wisynco Ltd, and Mr. Mahfood has followed suit in playing an active role in outreach activities in Spanish town and its environs. There he provides support for several local health, cultural and educational charities. He currently serves on the board of Jamaica National Building Society (JNBS). Other Board Members Professor Alvin Wint Wayne Chen Yvonne Clarke Collin Mckenzie Patrick Hylton Milverton Reynolds Dave Garcia Dennis Cohen William Mahfood Dr. Christopher Tufton Ingrid Chambers Jennifer Dewdney Kelly Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||board_william_mahfood.html",
    "Yvonne Clarke |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Board of Directors Group Chief Financial Officer: National Commercial Bank Group. Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Yvonne Clarke , F.C.C.A., M.B.A. Yvonne Clarke is a Chartered Accountant with over 20 years experience in audit and accounting. Prior to joining NCB in 2000, she worked at PricewaterhouseCoopers where she gained experience in Assurance and Business Advisory Services. Mrs. Clarke holds an MBA from the University of Manchester. She is a fellow of the Association of Chartered Certified Accountants (ACCA), the Institute of Chartered Accountants of Jamaica (ICAJ) and a member of the Accounting Standards Committee of the Institute of Charted Accountants of Jamaica. Mrs. Clarke is also Chairperson for the Jamaica Bankers Association Anti-Fraud Subcommittee. Other Board Members Professor Alvin Wint Wayne Chen Yvonne Clarke Collin Mckenzie Patrick Hylton Milverton Reynolds Dave Garcia Dennis Cohen William Mahfood Dr. Christopher Tufton Ingrid Chambers Jennifer Dewdney Kelly Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||board_yvonne_clarke.html",
    "Claims Procedures |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Claims Procedures Articles: Life After Work - A Look At Retirement Is It Worth The Risk? - Health Insurance and your family Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Claims Procedures There are two types of claims that are currently administered by NCB Insurance. They are Death Benefit claims and Living Benefit claims. The following documents are required for each process as outlined below: Death Benefit Claim A completed Claimant Statement - Death Claim Proof of the death of the Life Insured in the form prescribed by the Company (Death Certificate, Medical Certificate and Physician’s Statement) If death is reported to be due to accident (Homicide, Drowning, Motor Vehicle Accident etc), a police report of the circumstances surrounding the death. The Policy contract document must be submitted to the Company. In the event that the Policy contract is lost or stolen, a DECLARATION RE LOST POLICY DOCUMENT must be submitted. Proof of the deceased Life Insured’s age in the form of a passport or certified copy of a birth certificate. Where death has occurred within two (2) years of the Policy/Contract Date, an attending Physician’s Report from the deceased’s personal physician (while alive), clinic or other medical facility is to be submitted. Valid beneficiary identification (passport, drivers license, voter’s ID) Living Benefit Claim A Completed Claimant Statement – Living Claim The Policy contract document must be submitted to the Company. In the event that the Policy contract is lost or stolen, a DECLARATION RE LOST POLICY DOCUMENT must be submitted. Identification & Proof of Age (Valid Passport, Birth Certificate and Marriage Certificate where applicable) ATTENDING PHYSICIANS REPORT (this form must be submitted directly to NCBIC Head Office, under CONFIDENTIAL cover ). Accident Report (Police report and/or Accident Report from the Life Insured’s employer). The documents listed below can be found at Downloadable Forms: Claimant Statement – Death Claim Claimant Statement – Living Claim Physician’s Statement Attending Physician Report Declaration Re Lost Policy Document NCBIC is committed to approving claims within 3-5 working days, upon the receipt of all required documents. In the event of an unavoidable delay, our Claim’s Administrator (s) will provide the necessary updates. Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||claims_procedures.html",
    "Contact Us |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Contact Us Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Locations and Details Annotto Bay Main Street Annotto Bay St. Mary Tel: 996-2213, 996-2219, 996-2445 Baywest Centre Harbour Street Montego Bay St. James Tel: 952-0077, 952-3640-3, 952-9527, 952-0073, 952-0402 Black River 13 High Street Black River St. Elizabeth Tel: 965-2207, 965-9027, 965-9083 Browns Town 17 Main Street Brown’s Town St. Ann Tel: 975-2242, 975-2275, 975-2933, 975-2931 Buff Bay 7 Thompson Avenue Buff Bay Portland Tel: 996-1396-7 Chapelton (Advisor available on Mondays only) Main Street Chapelton Clarendon Tel: 987-2225, 987-2395, 785-0120 Christiana Main Street Christiana Manchester Tel: 964-2235, 964-2426, 964-9120 Cross Roads 90-94 Slipe Road Kingston 5 Kingston & St. Andrew Tel: 926-7420-1, 926-7428-9, 968-1852-5 Duke St 37 Duke Street Kingston Kingston & St. Andrew Tel: 922-6710-9, 922-6732-6 Falmouth Water Square Falmouth Trelawny Tel: 954-3232, 954-3233, 954-4129, 954-4130 Hagley Park 211 Hagley Park Road Kingston 11 Kingston & St. Andrew Tel: 923-5391-5, 923-0560-2, 923-5222 Half Moon (Advisor available on Tuesdays only) Half Moon Shopping Village St. James Tel: 953-9281 Half Way Tree (HWT) 94 Half Way Tree Road Kingston 10 Kingston & St. Andrew Tel: 920-8313, 920-8315, 920-8312-19, 920-8309-10, 926-5416-9 Harbour View Harbour View Shopping Centre Kingston 17 Kingston & St. Andrew Tel: 928-6361, 928-7513, 938-5061, 938-7758-60 Junction Junction P.O. St. Elizabeth Tel: 965-8611, 965-8612 Knutsford Boulevard 1-7 Knutsford Boulevard Kingston 5 Kingston & St. Andrew Tel: 926-9015-23, 926-1040-9 Linstead 29 King Street Linstead St. Catherine Tel: 985-2257, 985-9295, 985-9272, 985-9273 Lionel Town (Advisor available on Tuesdays only) Bustamante Drive Lionel Town Clarendon Tel: 986-3242, 986-3905 Lucea Lucea Hanover Tel: 956-2204, 956-2348m, 956-2349, 956-9927 Mandeville 9 Manchester Road Mandeville Manchester Tel: 962-2083, 962-2886, 962-9537, 961-1548-9 Mandeville Plaza Mandeville Manchester Tel: 962-2618, 962-3323, 962-2161, 962-3669 Manor Centre 195C Constant Spring Rd Kingston 8 Kingston & St. Andrew Tel: 755-1804 Manor Park Manor Park Plaza 184 Constant Spring Road Kingston 8 Kingston & St. Andrew Tel: 925-9039, 924-1388, 924-1427, 924-1391 Matildas Corner 15 Northside Drive, Northside Plaza, Kingston 6 Kingston 6 Kingston & St. Andrew Tel: 702-2421-3, 977-2534-5, 970-0560 May Pen 41 Main Street May Pen Clarendon Tel: 986-2343, 986-2411, 986-2630, 986-2631 Morant Bay 39 Queen Street Morant Bay St. Thomas Tel: 982-2225, 982-2272, 982-1241, 982-1217 Negril (Advisor available on Tuesdays only) Sunshine Village Complex West End Road Negril Westmoreland Tel: 957-4117, 957-4119, 957-4021-2, 957-4239 Newport West 54 2nd Street Kingston 11 Kingston & St. Andrew Tel: 923-9004-5, 923-9011-2, 9234479 Ocho Rios 40 Main Street Ocho Rios St. Ann Tel: 974-2522, 974-2580, 974-9252-4, 974-0579, 974-0581 Old Harbour Old Harbour St. Catherine Tel: 983-2279, 983-2671, 983-2672, 983-2209 Oxford Place Mutual Life Building 2 Oxford Road Kingston 5 Kingston & St. Andrew Tel: 926-6623-4, 926-6628, 968-5515, 968-6616 Port Maria 8 Main Street Port Maria St. Mary Tel: 994-2219, 994-2551, 994-2814, 994-2817 Portmore 13 - 14 West Trade Way, St. Catherine Portmore Mall St. Catherine Tel: 988-7433-7, 988-5505 Red Hills Mall 105 Red Hills Road Kingston 19 Kingston & St. Andrew Tel: 925-3313, 925-3314, 925-3962, 925-8914, 969-6604 Santa Cruz 7 Coke Drive St. Elizabeth St. Elizabeth Tel: 966-2204, 966-2664, 966-2384, 966-9033 Savanna-La-Mar 68 Great George Street Savanna-la-mar Westmoreland Tel: 955-2672, 955-2338-9, 955-2623, 955-3605-7 Spalding (Advisor available on Tuesdays only) Spalding Manchester 964-2268 St. Anns Bay 19-21 Main Street St. Anns Bay St. Ann Tel: 972-2490-1, 972-0722, 794-9149, 794-9150, 972-1546 St. Jago Shopping Centre Burke Road Spanish Town St. Catherine Tel: 984-5604, 984-0672-6, 984-4235-6, 984-5410 St. James Street 41 St. James Street Montego Bay St. James Tel: 952-6540-9, 952-6112, 952-6122, 952-6132 University (UWI) Mona Campus Kingston 7 Kingston & St. Andrew Tel: 927-1057, 927-1898, 927-0292, 927-0463, 977-1181 Washington Blvd SuperCentre 45 Elma Crescent Kgn 20 Kingston & St. Andrew Tel: 934-1817, 9341081-21 Yallahs (Advisor available on Tuesdays only) Main Street St. Thomas Tel: 706-1154, 706-3701 Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||contact_us.html",
    "Corporate Profile |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland About Us Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Corporate Profile NCB Insurance Company Limited (NCBIC) A member of the NCB Group of Companies, NCB Insurance Company Limited (NCBIC), formerly OMNI Insurance Services Limited, was established in 1989, with its flagship product OMNI. The establishment of an insurance line of business was part of the NCB Group’s mission to provide the widest range of financial services to its customers and the public at large. NCB Insurance offers a wide range of products and services that are geared to meeting the insurance, long-term investment, and pension needs of individual and group clients. The company is not only committed to offering financial products and services that provide our customers with financial independence, peace of mind, the ideal quality of life and a secure financial future, where retirement is safe and relaxing, but also seeks to ensure that they maximise and protect their assets and are adequately prepared for life’s risks. NCB Insurance’s current suite of products includes; Individual OMNI (medium to long-term combination investment-insurance plan with tax-free advantages) OMNI Educator (long-term insurance education savings plan) ProVision (accidental death or dismemberment protection) ProCARE (critical illness protection) Group Superannuation Funds Employee Care Life Employee Care Accidental Death and Dismemberment Creditor Life Annuities A solid and stable company, NCB Insurance is built on integrity, trust, financial strength, prudence and customer responsiveness. The company recorded significant growth in 2006, with Total Income increasing from $1.6 billion to $2.3 billion, Total Assets from $11 billion to $14.7 billion and Profit after Tax from $430 million to $498 million. At December 30, 2006, NCBIC’s Net Worth stood at J$1.8 billion and the Minimum Continuing Capital Surplus Ratio (MCCSR), the test of solvency in the insurance industry, was 544.9%, far exceeding the regulatory benchmark standard of 150%. NCBIC’s significant growth has taken place within the context of significant investments in people, processes and systems. NCB Insurance Company Limited, a full fledged insurance company is committed to meeting the needs of our valuable customers. Through our responsiveness, visionary and expert leadership, prudent financial management, customer centricity and employee focus, we are “ just what you need. ” Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||corporate_profile.html",
    "Untitled Document||demo.html",
    "Downloadable Forms |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Downloadable Forms Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Downloadable Forms Right-click a file name and choose "Save Link As..." to download. Deed Form - Beneficiary - Aug 2005 (PDF) Form - Attending Physician's Report 01(PDF) Form A - Beneficiary Designation - MWPA (PDF) Form B - Beneficiary Designation - New (PDF) Form Claimant Statement (PDF) Physician's Statement (PDF) Policy Change Request Form (PDF ) Request for Partial or Full Cash Surrender 01 (PDF) Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||downloadable_forms.html",
    "Employee Benefits |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Employee Benefits Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Employee Benefits What are Employer-sponsored Benefit Plans? At NCBIC we believe our people are our greatest asset. Our employees’ abilities allow us to remain competitive and successful. Here at NCBIC we care for our workers and we also understand the need to facilitate a certain quality of life to ensure a happy employee, and therefore a productive one. Many persons live in the present with little thought of the future. However NCBIC places special focus on making sure that both a company’s employees and its machinery are insured against the risk of loss and other eventualities which may arise in the years to come. That’s why we created NCBIC Employer-sponsored Benefit Plans, offering pensions, plans for accidental death or dismemberment, and group annuities. NCBIC offers a wide array of employee benefit solutions to our pension customers such as individual retirement plans, annuity options, unitized and pooled funds, and approved retirement schemes. Our pension services include pension administration, pension fund investment management, and a tracking system to recover tax from Government. Our clients are provided with segregated portfolios which benefit fully from investment returns, as well as dedicated and knowledgeable pension and investment officers. NCBIC Annuities provide a guaranteed lifetime income in the event of disability, death, and retirement. We offer two types of annuities: immediate and deferred. Whichever one you may choose, there are annuity options from which we allow you to select the basis for calculating the amount of guaranteed lifetime income payable and to whom a benefit is payable should a death occur. Our annuity payments can be made monthly, quarterly, semi-annually, or annually. We understand the need for planning and security in the event of unforeseen circumstances. That’s why NCBIC plans are carefully composed to help our clients choose the policies that are right for them and maximize the benefits they receive, providing a more secure future. OUR PRODUCTS Employee Care Accidental Death & Dismemberment Annuities Employee Care Group Annuities Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||employee_benefits.html",
    "Andre Ho-Lung |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Executive Management Vice President Finance: NCB Insurance Company Limited. Back to Executive Mgmt main Articles: Life After Work - A Look At Retirement Is It Worth The Risk? - Health Insurance and your family Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Andre Ho-Lung Andre Ho-lung has a wealth of experience in the areas of Auditing, Finance and Investments. His responsibilities have included asset management, accounting and statutory reporting functions, effecting regulatory and international accounting standards to ensure compliance, planning and executing financial audits, performing financial assessments of business decisions and newly developed products and services, evaluating financial processes and projects, analysing tax affairs for clients and training and supervising both senior and junior accounting staff. Andre is a member of the Association of Certified Chartered Accountants and the Institute of Chartered Accountants of Jamaica. Other Executive Management Members Ingrid Chambers Ann Marie Hamilton Audrey Chin Claudette Gordon-McFarlane Andre Ho-Lung Karen Smythe-Witter Marcia Fletcher Rosemarie Henry Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||exec_andre_ho-lung.html",
    "Ann Marie Hamilton |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Executive Management Vice President Operations and Service Management: NCB Insurance Company Limited. Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Ann Marie Hamilton Ann-Marie Hamilton has over 15 years experience in the operations of financial institutions with in-depth involvement in the development of operational procedures, product design and the attendant systems support design in accordance with legislative requirements and process re-engineering to improve accuracy levels and throughput while reducing cost. Ann-Marie is a highly motivated, cost conscious professional with an inventive, broadminded outlook. This combined with her professional expertise and understanding of the relationships and inter-relatedness of different functional areas makes her a catalyst for change with the objective of always seeking to set higher standards. Other Executive Management Members Ingrid Chambers Ann Marie Hamilton Audrey Chin Claudette Gordon-McFarlane Andre Ho-Lung Karen Smythe-Witter Marcia Fletcher Rosemarie Henry Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||exec_ann_marie_hamilton.html",
    "Audrey Chin |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Executive Management Senior Vice President, Business Development and Client Management: NCB Insurance Company Limited. Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Audrey Chin Audrey Chin has held senior management positions in the asset management and unit trust industry, providing a wide range of brokerage and investment advisory services to corporate and individual clients for over 25 years. She has a wealth of experience in the area of business development and currently plays a pivotal role in the development, implementation and supervision of growth strategies geared at increasing market share and retention strategies aimed at improving the group business lines. Audrey’s professional career is extremely extensive as she has worked directly in the areas of accounts, economics, research, marketing, business development and client management. A Fellow of the Institute of Chartered Accountants of Jamaica and a member of the Jamaica Institute of Management, and the Board of Directors for CHASE Fund, Technology Innovation Centre at UTECH and Ardenne High School. She is also a trustee for the Winston Roberts Foundation at Ardenne. Other Executive Management Members Ingrid Chambers Ann Marie Hamilton Audrey Chin Claudette Gordon-McFarlane Andre Ho-Lung Karen Smythe-Witter Marcia Fletcher Rosemarie Henry Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||exec_audrey_chin.html",
    "Claudette Gordon-McFarlane |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Executive Management Vice President Corporate Services and Human Resources: NCB Insurance Company Limited. Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Claudette Gordon-McFarlane Claudette has over 15 years experience in human resources covering such areas as training, development, policy formulation, industrial relations, pension, staff benefits and welfare. She has been instrumental in the development and implementation of staff incentive programmes, performance appraisal system and staff feedback instruments. Claudette is currently a member of the Human Resource Management Association of Jamaica (HRMAJ) and the Society of Human Resource Management and is the Chairperson for the Eden Garden Social Services, an outreach programme for Webster Memorial United Church. Other Executive Management Members Ingrid Chambers Ann Marie Hamilton Audrey Chin Claudette Gordon-McFarlane Andre Ho-Lung Karen Smythe-Witter Marcia Fletcher Rosemarie Henry Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||exec_claudette_gordon_mcfarlane.html",
    "Executive Management |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland About Us Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Executive Management NCB Insurance is led by a strong team of executives with unquestionable expertise, solid management skills, and a hands-on management style that invites partnership, innovation, and team effort in all aspects of the business. Our executive team shares the vision and dedication it takes to achieve satisfying results for our customers. Executive Management Members Andre Ho-Lung Ann Marie Hamilton Audrey Chin Claudette Gordon-McFarlane Ingrid Chambers Karen Smythe-Witter Marcia Fletcher Rosemarie Henry Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||exec_index.html",
    "Miss Ingrid Chambers |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Executive Management Managing Director: NCB Insurance Company Limited. Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Miss Ingrid Chambers , B.Sc., E.M.B.A. Renowned as one of Jamaica’s premier bank assurance experts, Ingrid Chambers has over 26 years of experience in the banking sector. She holds a Bachelor of Science degree in Management Studies and an Executive MBA with a minor in Technology Management from the University of the West Indies. Having held a number of executive management positions throughout the years, Ingrid’s career is marked by tremendous experience in areas of sales, systems, operations, human resources, finance and strategic management. Ingrid’s career in insurance began in 1980 at Caribbean Atlantic Life Insurance Company. She went on to work with such firms as Life of Jamaica (LOJ), Crown Eagle and Scotia Jamaica Life Insurance Company, before finding her place among the prestigious team of experts at NCB Insurance Company Limited in 2002. Ingrid has been described by colleagues as a “people person”, as her work displays that her real appetite is not simply to make money but to build people and institutions. A supporter of the notion that the key to an organization’s success is its people, Ingrid believes that employees as internal customers are the most important, as their satisfaction and motivation are the key to satisfying external customers. She is Chairman of NCB (Nominees) Jamaica Limited, a Director of Mutual Security Insurance Brokers Ltd., Vice President of the Insurance Association of Jamaica (IAJ), and an Executive Member of the Pensions Fund Association of Jamaica. Other Executive Management Members Ingrid Chambers Ann Marie Hamilton Audrey Chin Claudette Gordon-McFarlane Andre Ho-Lung Karen Smythe-Witter Marcia Fletcher Rosemarie Henry Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||exec_ingrid_chambers.html",
    "Karen Smythe-Witter |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Executive Management Senior Vice President for Process, Product and Service Development: NCB Insurance Company Limited. Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Karen Smythe-Witter As the Senior Vice president for Process, Product and Service development at NCBIC, Karen leads the team responsible for designing, developing and rolling out products and services, designing and implementing business process improvements and developing and implementing the technologies to support the business. Karen has over fifteen years experience in project management of business process and information systems related to change initiatives, business process reengineering and information systems management. She lectures Programme and Project Management and coaches project managers. Prior to focusing on project management and business process reengineering as her core competence, Karen spent over fifteen years working in several management positions, as a vice president for information systems and as a systems analyst and software developer. Her involvement in the effective application of information technologies spans her entire career. Karen is the immediate past president of the Jamaica Doctorbird chapter of the Project Management Institute and is involved in programmes for dyslexic children. Other Executive Management Members Ingrid Chambers Ann Marie Hamilton Audrey Chin Claudette Gordon-McFarlane Andre Ho-Lung Karen Smythe-Witter Marcia Fletcher Rosemarie Henry Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||exec_karen_smythe-witter.html",
    "Marcia Fletcher |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Executive Management Vice President Marketing and Retail Distribution: NCB Insurance Company Limited. Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Marcia Fletcher Marcia is a well rounded individual with experience in almost all facets of banking, having worked in the areas of human resources, training, customer service, branch operations, marketing and distribution. She was instrumental in establishing the corporate and bancassurace business within the insurance industry and also played a pivotal role in the development of NCB insurance, negotiating with the Retail Division for resources such as dedicated insurance representatives, training development resources and equipment. Marcia led the successful development and introduction of 4 new NCBIC products over the 18 month period June ’03 to November ’04. This process was extremely complex and incorporated market research, legal and actuarial reviews and approvals, systems administration, training and marketing programmes. Marcia was nominated for the Jamaica Peer Awards - Marketing Personality of the year 2003 and is a member of the NCB Group Marketing Council and NCBIC’s prestigious Chairman’s Club Council. Other Executive Management Members Ingrid Chambers Ann Marie Hamilton Audrey Chin Claudette Gordon-McFarlane Andre Ho-Lung Karen Smythe-Witter Marcia Fletcher Rosemarie Henry Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||exec_marcia_fletcher.html",
    "Rosemarie Henry |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Executive Management Vice President, Investments: NCB Insurance Company Limited. Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Rosemarie Henry Rosemarie has over 15 years experience in finance, administration and accounting, primarily in the insurance and financial services sectors. Her expertise covers such areas of banking, cash and investment management, finance and accounting management, budgeting and expenditure control, tax and regulatory compliance, payroll processing and group financial reporting. Throughout her career, Rosemarie has been involved in the management of assets for several of Jamaica’s larger pension funds and prior to joining NCB Insurance in 2006, she had direct responsibility for treasury, financial reporting and accounting functions in the Employee Benefits Division (EBD) at Life Of Jamaica (LOJ), the unit responsible for Health, Pension and Group Life. Rosemarie is a fellow of the Institute of Chartered Accountants (ACCA) and Life Management Institute (LOMA) and has membership with the Institute of Chartered Accountants of Jamaica, the Association of Accounting Technician (ATT) and the Kiwanis Club of New Kingston. Other Executive Management Members Ingrid Chambers Ann Marie Hamilton Audrey Chin Claudette Gordon-McFarlane Andre Ho-Lung Karen Smythe-Witter Marcia Fletcher Rosemarie Henry Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||exec_rosemarie_henry.html",
    "Untitled Document|Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision||feat_prod.html",
    "NCB Insurance - The Assurance Of Being Provided For|Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland NCB transfers pension portfolio from WITCO to insurance arm NCB Insurance: An emerging player in the insurance industry His eyes slowly flickered open to welcome the subdued light of dawn creeping almost apologetically through half-opened windows. A whiff of aromatic blue mountain beans assaulted his senses. Just outside of the wooden French windows, a myriad of birds flitted excitedly from limb to limb as if brimming with some long anticipated message... read more Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||index.html",
    "Insurance |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Insurance Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Insurance It’s better to look ahead and prepare than to look back and regret. - Jackee Joyner Kersee The unforeseen and unexpected is just that: unforeseen and unexpected. With that in mind, NCB Insurance has carefully developed three insurance plans tailored specifically to meet your needs and to help you to plan for life’s eventualities. Our Products The NCB Insurance Universal Life Plan is a combination life insurance and investment plan which allows you better insurance coverage. We believe in helping you provide for the unexpected but we also believe that it is your goal to live a long and fulfilling life. PROTECTION INSURANCE To protect you in the event of accidental death and dismemberment and critical illness, NCB Insurance offers two products that will provide you with a cash benefit to help you get on with living. PROVISION is an accidental death and dismemberment plan that covers loss of life or limb. It covers hospitalization costs as a result of accidental injury and carries a small burial plan in the event of death.... read more No one ever knows if or when critical illness will strike. Georgie was only 41 when she was diagnosed with breast cancer. The good news though was that with the recent advances in medical science, Georgie was able to overcome the disease with early diagnosis and treatment . TODAY SHE IS FULLY RECOVERED. PROCARE provides for your critical illness needs, without you having the additional worry of how you are going to pay your medical bills. PROCARE: because chances are, you will survive! - read more Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||insurance.html",
    "Investments |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Investments Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Investments Long Term Investment In today’s world, having an investment plan is critical to ensuring that you and your family have funds available for future critical needs or for a better life. Whether it’s saving towards the purchase of a home, for your children’s education of for your retirement, NCBIC has a plan that will satisfy your long term investment needs. An investment in knowledge always pays the best interest . Benjamin Franklin EDUCATION: It is undoubtedly every parent’s wish that their children are successful and that that their children have a better life than they had. Omni Educator is a long term tax-free investment plan that allows parents to save for their children’s tertiary education. It is the only education savings plan in Jamaica that pays a 20% grant on top of interest accrued and is in keeping with our Chairman, Michael Lee Chin’s desire that every Jamaican child should have access to tertiary education. Features & Benefits Tax free investment plan Benefits payable for local or overseas study Additional 20% grant on top of interest accrued read more HOME DEPOSIT : Many people dream of owning a home but forget that before they can purchase their home, they will need a deposit. Omni Home is an investment vehicle that puts Jamaicans on the road to purchasing their first home, through monthly or quarterly premiums. One of our financial advisors will be happy to sit with you to tailor a plan that will meet your specific needs. If your goal is to own your home in 5, 6 or 10 years, then we invite you to come and talk with us. Features & Benefits Flexible monthly or quarterly premiums Flexibility to add lump sum payments Expert financial advice to help you realize your goals RETIREMENT: In 2003, NCBIC introduced the concept of “I needed to retire at 45.” With a proper investment strategy, many are now discovering that it is indeed possible to retire earlier that the traditional retirement age of 65, giving you more time to enjoy life—whether it be traveling the world, focusing on a lifelong passion or spending more time with your grandchildren---in your golden years. Whether you choose to retire at 45, 55 or 65, NCBIC will customize a plan that will help you achieve your goals. Features & Benefits Reach your retirement goals quicker than you’d think Flexible monthly or quarterly premiums Flexibility to add lump sum payments Expert financial advice to help you realize your goals Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||investments.html",
    "News Headlines |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland News Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts BACK TO NEWS HEADLINES Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision News Headlines NCB's net profits increase by 62 per cent for the 9 month period . But wealth management arm takes a beating Dennise Williams Friday, July 28, 2006 National Commercial Bank Jamaica (NCBJ) released its nine-month (ending June 30, 2006) results showing marked improvement in the revenue of its business segments, with the sole exception being its wealth management arm. Overall the NCB group, which includes NCB Insurance, pension fund manager WITCO and NCB Capital Markets, earned a net profit of J$3.9 billion, a 62 per cent increase from the same nine-month period in 2005. This translated into an earnings per stock unit of J$1.58 for the nine months ending June 2006 compared to J$0.98 in the September 2005 nine month period. Retail Banking NCBJ attracted savers to its doors with a barrage of advertising campaigns during the period under review. The result was a nine per cent increase in customer deposits from $84.4 billion in 2005 to $92.2 billion in the 2006 period under review. The Bank was also able to grow its loans and advances book which total $41.6 billion net of credit losses as at June 30, 2006 compared to $35.7 billion as at September 30, 2005. Insurance But the real star of the show was the Ingrid Chambers lead NCB Insurance arm which grew its policy holder base by double digits. Apparently, during a downward trend of the Jamaica Stock Exchange, persons sought the safe haven of Omni with its tax fee guaranteed interest rates. Additionally, NCB Insurance came out with the Pro Care series of traditional insurance products which clearly appealed to the market. Policyholder liabilities leaped from a meager $92 million in 2005 to a whooping $550.1 million by the nine months ended June 30, 2006. Wealth Management However, as the 'safe haven' insurance arm rode the tidal wave, the wealth management arm, which focuses on stocks, bonds and other corporate investment instruments, didn't fare so well during the nine months under review. While NCBCM made J$1.1 billion in the nine- month period in 2005, profits pulled back in 2006 to $804.8 million, a 27 per cent drop. This can be partly attributed to the Supreme Ventures initial public offer. According to the NCB results, "A provision of J$199 million was made in the third quarter for impairment of the investment in Supreme Ventures Limited (SVL). These SVL shares were acquired in February 2006 by a subsidiary of the Bank under an underwriting commitment, due to the undersubscription of the public offer in January 2006". Another possible reason for the not so impressive results by NCBCM is the fact that there were lower stock trading volumes and subsequent lower fee income as skittish investors stayed away from the JSE. Share Price Movement NCBJ started the July trading month at J$14, but hit a high of J$15 on July 21 as investors began to feel more confident about the forward prospects of the company. However, the stock price did pull back a little and closed yesterday's trading at J$14.51. Incidentally, the board of directors approved an interim dividend of J$0.14 per share to be paid on August 29th to shareholders on record as at August 15th. This represents a total payout of J$345 million. Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||ncb-net-profit-increase.html",
    "NCB Insurance - The Assurance Of Being Provided For|Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland News Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts BACK TO NEWS HEADLINES Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision News Headlines NCB posts $5.5-billion year-end profit By Julian Richardson The Observer - Sunday, November 12, 2006 National Commercial Bank (NCB) has posted strong figures for its financial year ended 30 September 2006. The NCB group which includes the bank, NCB Insurance, pension fund manager WITCO and NCB Capital Markets, earned a net profit of $5.5 billion, a 23 per cent increase over the year-end results in 2005. At a press conference, held at the company's headquarters on Trafalgar Road, to announce the year-end results, NCB group managing director, Patrick Hylton, highlighted that the results was buoyed by efficient cost management across the company's very diversified line of business. Overall operating expenses increased by a mere six per cent or $638 million over the corresponding period last year. Operating profit of $6.8 billion represented a 13 per cent or $807 million increase over the prior period's financials. The operating profit, according to the company report, was catalysed by prudent management of its core banking business which resulted in higher net interest income, increased fee and commission income. The group's net interest income increased by 10 per cent or $1.1 billion over last year. Net fee and commission income increased by 29 per cent or $722 million. Interest income from loans increased by 15 per cent or $980 million while interest income from securities increased by six per cent or $895 million despite declining interest rates which the company says "was mainly due to an increase in the group's total earning assets." The group's overall cost/income ratio improved by 2.5 percentage points to 59.9 per cent. "Cost management is an important part of our business but we still focus on customer needs," said Hylton. "We continue to innovate and continue to remain relevant to our customer needs as the economy develops." NCB continues to attract an abundance of savers, and this is reflected in an impressive 16 per cent increase in customer deposits from $85 billion in 2005 to $99 billion in the period under review. The bank also continues to grow its loans and advances book which total $42.2 billion net of credit losses as at 30 September 2006 compared to $36.1 billion as at September 30, 2005. Risk management at the bank also improved as the amount of non-performing loans ($1.6 billion) to gross loans was reduced by .6 percentage points. The aggregate amount of non-performing loans amounted to $1.6 billion and represented 3.7 per cent of gross loans compared to 4.3 per cent as at September 30, 2005. Hylton said that he was confident that NCB will be able to sustain its robust numbers next year, as there were many areas which the bank could improve upon. "Why do I think it's sustainable?." said Hylton. "While there has been improvement in a number of key areas, there is still room for improvement." NCB's managing director also briefly addressed the assumed 'threat' of informal foreign exchange trading, which has seen many Jamaicans flock to various investment schemes which promises much bigger returns on investments than what is typically offered from local financial institutions. He believes these schemes have not affected NCB. "We are not particularly concerned. Look at the results," he proclaims. "I won't suggest to you that we don't have customers who don't (engage in these activities)...the important thing is to make sure that the majority of their business is with us. Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||ncb-posts-billions-year-end-profit.html",
    "News Headlines |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland News Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts BACK TO NEWS HEADLINES Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision News Headlines NCB transfers pension portfolio from WITCO to insurance arm The Gleaner: Sunday March 11, 2007 Ashford W. Meikle, Business Reporter National Commercial Bank (NCB) has transferred responsibility for pensions fund management from subsidiary West Indies Trust Company, which has administered pensions for four decades, to NCB Insurance Company Limited. "The marketing, administration and management of pensions both for the existing accounts, which WITCO has, and for new businesses coming in, will be done by us," managing director of NCB Insurance, Ingrid Chambers, told Sunday Business . The administrative change will take effect on April 1 but WITCO, the country's leading provider of segregated funds with assets under management of $43.5 billion up to September 2006, will surrender its licence on June 30. Though the pensions fund company has been in operation for the past 40 years, under private ownership of NCB group by Michael Lee Chin, it has experienced double-digit growth in its fund value over the past four years, notwithstanding the challenging economic environment which has seen a fall in interest rates on fixed-income securities and a less-than-robust equities market. Legislative reform The decision to transfer the pensions portfolio to the insurance company, Chambers said, was made two years ago, necessitated by legislative reform of the local pensions industry. In 2004, the phase one of the new Pensions Act was passed, streamlining the administration of superannuation funds, to be regulated by the Financial Services Commission (FSC). According to NCB, the shifting regulatory environment created new opportunities, which the bank believed NCB Insurance, which has an asset base of $13.5 billion, would be in a stronger position to leverage, a point Chambers stressed. "We think the customers will be better off because they are getting that same level of expertise," she said, adding that that the pension portfolio was being enhanced and strengthened by this move. With the processing systems, and reports required by the FSC, "NCB Insurance is in a better position to manage these than WITCO," said Chambers. Seamless transition The transition, she added, is unlikely to create hiccups, both subsidiaries having already streamlined their back-office operations. "It will be a seamless transition for our customers because for the past few years, since the bank made that strategic decision, we have been working together, waiting on the official approval of our licence from the FSC." Chambers said the insurance company would seize the opportunity to cross-sell products, such as group life insurance, "but we won't be forcing customers to buy into our products. And when we get there, we will be developing individual retirement plans, which will give us very good opportunities." She is targeting a 20 per cent growth in the company's clients to add to the existing 40 which WITCO manages, but declined to pitch the growth strategy. "We can't dictate what size funds will come in," said Chambers, "we manage funds that are as small as $100 million." Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||ncb-transfers-pension-portfolio.html",
    "News Headlines NCB Insurance - The Assurance Of Being Provided For|Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland News Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts BACK TO NEWS HEADLINES Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision News Headlines NCB Insurance: An emerging player in the insurance industry By Julian Richardson The Observer, Sunday, January 28, 2007 Against the backdrop of realising an enormous increase in annualised premium income for its financial year ended September 2006, National Commercial Bank (NCB) Insurance Company Limited is declaring itself a legitimate contender to becoming a market leader in Jamaica's insurance industry. At the company's Annual Sales Awards held at Mona Visitor's Lodge on Wednesday, NCB Insurance's managing director, Ingrid Chambers, announced that for the 12-month period ended September 2006, total income for the firm grew by 39 per cent, moving from $1.5 billion to $2.1 billion. Premium income dramatically increased from $23 million in 2005 to $385 million in 2006, a performance Chambers attributes to the company's success in diversifying its revenue stream. "We have entered the group insurance market and we have expanded our product base to seven products: Omni, Omni Educator, ProVision, ProCare, Employee Care (group life), Group Creditor Life and Group Annuities," said Chambers. "We have made sure that with this diversification our income is less vulnerable to falling interest rates." The managing director also noted that in 2006 the company sold 10,581 individual life policies, an increase of 35 per cent compared to the corresponding period the year prior. The company's new individual premium sales also grew from $1.9 billion in 2005 to $2.6 billion in 2006, an increase of 37 per cent. Total assets increased by 39 per cent to stand at $13.9 billion while investments have grown 34 per cent to $12.3 billion. The firm's Minimum Continuing Capital Surplus Ratio (MCCSR), the test of solvency in the insurance industry, moved from 378 per cent to 561 per cent, which Chambers said is "way ahead of the regulatory benchmark standard of 150 per cent". Net profit after tax was $423 million, an increase of 103 per cent (before the IFRS4 adjustment). Chambers said that the numbers are indicative of the firm's emergence in the industry. "I am happy to report that the company is increasing market share and aggressively moving toward its relentless goal of being number one. Relative to the major players in the insurance industry our company had a 39 per cent rate of growth for the period January to September last year," said Chambers. "NCB Insurance is in good hands. We have the people, the policies, the strategies and most of all the vision to take us where we want to go - and this is right to the top." Looking forward, Chambers highlighted that the company is now preparing to enter the corporate pensions market and has applied for Administrator and Investment Manager Licences with the Financial Services Commission (FSC). Also, commencing with the launch of its website at the end of March 2007, NCB Insurance is looking to be fully e-services oriented by the end of the year, which will give customers "timely access" to information on their individual life policies and pension membership information. Chambers noted that the company will also be investing in new tools to enhance the effectiveness of its 100-member sales team. "As we continue to increase our product offerings we are investing heavily in implementing new technologies that empower our sales teams with tools that will allow more effective needs analysis and financial planning," said Chambers. NCB Insurance's Annual Sales Awards recognises the company's top branches and individual advisors. NCB Insurance's May Pen branch won the 'Branch of the Year' award while Anntonette Cowan-Palmer from the Old Harbour branch won the coveted 'Advisor of the Year' award. Among the presenters at the awards ceremony were Patrick Hylton, group managing director of NCB; Wayne Chen, chairman of NCB Insurance and Vivienne Bayley-Hay, NCB manager of advertising and promotions. Keynote speaker at the event was Alvin Day, executive director of the Sales Empowerment Institute. Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||ncbinsurance-an-emerging-player.html",
    "News Headlines NCB Insurance - The Assurance Of Being Provided For|Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland News Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision News Headlines NCB transfers pension portfolio from WITCO to insurance arm The Gleaner: Sunday March 11, 2007 NCB Insurance: An emerging player in the insurance industry The Observer, Sunday, January 28, 2007 NCB posts $5.5-billion year-end profit The Observer - Sunday, November 12, 2006 NCB's net profits increase by 62 per cent for the 9 month period . Friday, July 28, 2006 Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||news.html",
    "I needed to retire at 45 - Working to Live |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Our Retirement Story Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision I needed to retire at 45 - Working to Live…the choice His eyes slowly flickered open to welcome the subdued light of dawn creeping almost apologetically through half-opened windows. A whiff of aromatic blue mountain beans assaulted his senses. Just outside of the wooden French windows, a myriad of birds flitted excitedly from limb to limb as if brimming with some long anticipated message. In the distance, the soothing pitter-patter of water on real Jamaica rock echoed hypnotically. The crisp clean smell of morning saturated the hazy dew that hung like a potent promise. Nature was in perfect sync with the moment. Then full realization hit with unexpected intensity. He was 45 years old today and tingling with anticipation. T’was the first day of the rest of his life and he was ready. She abruptly awoke, jarred out of a fitful sleep with both hands cold and clammy. She tried to remember the dream, which she knew instinctively had been most unpleasant, but it eluded her. With heart racing and breathing labored she sluggishly moved to her private domain. Flared nostrils and dilated pupils stared back at her from the exquisitely glazed bathroom mirrors. The still was ominous. A quick glance out revealed heavy smog crisscrossed by thin light rays fighting for life. Unspoken anxiety draped the morning like a hang-over, discouraging the dawn. It could have been her haggard reflection or the color of those eyes so familiar, but in a flash, it was back. She remembered. Her subconscious had presented a helpless, spindly and toothless recluse. Then loneliness, lack, emptiness, lack. The family visited when they could, but like her, lived frugally, one day to the next. Each time she awoke after this ‘vision’, it was wishing she had feathered her nest egg over the last 35 years. She had lived each day as if there were no tomorrow. Now at 59, the future extending infinitum loomed large, dominating her waking moments as well as her subconscious. Paul Ferrel, in a recent article appearing on the CBS website MarketWatch captioned ‘New investor psychology is endangering retirement’ , suggests that investors exist in two parallel universes: addicted to short-term consumption, but paralyzed when it comes to long-term investing. The article describes the paralysis that grips 80% of American investors who are programmed towards consumerism and worse yet, in denial. Statistics for the local market are not much different with consumerism spiraling as we allow ourselves to be influenced by the ‘big apple’. Despite the extent of financial advice and financial planning information that bombards us daily, too many ignore the telltale signals which confirm that our ‘short-termitis’ or need for instant gratification is literally eroding the desired quality of life and independence in what should be the mellow years. The idea is not to scrimp and deny self all the niceties of life. It is to decide what you want and where you’re going early . Determine what path will allow you to ‘smell the roses’ along the way so you don’t miss life reaching after life. Saving and spending are not mutually exclusive imperatives. The buzzword is balance, balance, and more balance. When NCB Insurance Company, in its July 2003 communications campaign proposed ‘retirement at 45’, the market response was at the very least…skeptical. Antagonists and proponents of the idea, fiercely engaged in their favorite past time…argument and debate. Currently, buy-in to the new paradigm is becoming more evident as an increasing number of financial institutions use the print medium among other communication channels to advise on how to retire at the earlier age now being embraced. It is interesting to note that were a snapshot to be taken several years ago with the Freedom 55 concept proposed by London Life, Canada, the same skepticism would have been encountered in international quarters. Then the major shift was that retirement need not happen at 60 or 65, but 5 to ten years earlier. When the ‘retirement at 45’ was born, the context was one which referred primarily to having achieved a level of financial independence to pursue a passion or lifelong interest, with the added bonus of being able to derive earnings from such a pursuit. In other words, this was no propagating of a non-productive and idle existence. Our handsome gentleman had worked his plan on the premise that it would take 75% to 80% of current income to be able to enjoy a pre-retirement standard of living. It had been challenging but he had started to plan early with his grandmother’s words of wisdom, a constant reminder that “one one coco full basket” and that he should “pay himself first” from every pay-check. He had purposefully stuck to the task for 15 years, diversifying his investments to spread the risk, periodically reviewing his portfolio to achieve optimally by way of a combination of guaranteed fixed income and high growth assets. He would always be grateful to his innovative wife who had led the way in borrowing money, collateralized by her OMNI insurance plan when he was a little reluctant, and using the loan proceeds to eventually make much more money for the family. His long-term insurance plans, one for each member of his family, made it very easy to cultivate the savings habits and were the ‘gems’ in his portfolio. The flexibility of automatic and regular payments which he could increase whenever he wished was a saver’s paradise. These investments were designated ‘untouchable’…to be accessed only for the specified financial objectives. The planning/savings mentality, formed and nurtured by several previous generations had allowed him to achieve non-financial goals as well; quality time spent at specific intervals with his immediate and extended family and peace of mind generated by preparedness. When the retirement milestone had eased into view, he had been pleasantly surprised to see how much the multiplier effect of the compound interest had catapulted the accumulated nest-egg. Like an athlete with his eye on the finishing tape, he had gone into overdrive with reviewing the asset mix on his portfolio, liquidating high-risk instruments and placing them as lump sums on OMNI to access the guarantee on his principal and returns that were more predictable. And now, the well-anticipated day was here. They were now comfortable ensconced in retirement while they could still enjoy life…together. The damp blue mountain whiffs tickled the end of his nostrils and he inhaled ecstatically. It had been worth the sacrifice. Their choice had been ‘work to live’. Call an NCB Insurance Representative at any NCB Branch island-wide, for more details. NCB Insurance Company Limited Meeting your needs The Atrium 32 Trafalgar Road, Kingston 10 Tel: 1-888-MYNEEDS Email:omni@jncb.com Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||ourretirementstory.html",
    "Pensions : Service Offerings |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Pensions Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Pensions : Service Offerings NCB Insurance Company’s acquisition of a Pension business line has created one company that can meet all of their clients’ financial needs under one roof. Offering a wider array of employee benefit solutions, such as individual retirement plans, annuity options, unitized and pooled funds, and approved retirement schemes, are now available to NCB Insurance Company’s pension customers, and former WITCO clients can access all of NCB Insurance Company’s investment and insurance products. The Pension services currently offered Superannuation Fund approval and registration and Trustees registration Services Compliance requirements for annual reporting FSC Trustees registration Pension Administration Services Pension Fund Investment Management Services Third Party Actuarial and Auditing Services General Accounting Services Tracking system to recover tax from Government Preparation of the following documents that are required as one of the General Duties of Trustees in The Pensions (Superannuation Fund and Retirement Schemes) (Governance) Regulations 2006 – s7(v): Statement of Investment Policies and Principles (SIPP); Conflicts of Interest; Complaints Resolution; and Anti-Money Laundering. The Trustees are required to review, make amendments as required, approve, sign and return to NCBIC. Upon submission to NCBIC the documents will be submitted to FSC as required in the Pensions legislation. Pension fund clients are provided with: Segregated portfolios which benefit fully from investment returns Dedicated and knowledgeable Pension and Investment officers Investment Officers who attend monthly and quarterly review meetings, as agreed Full service management of real estate portfolios Timely reports tailored to meet your specific areas of interest and at desired intervals Access to NCB’s wide expertise in primary dealership, credit and investment analysis, to maximize returns on investments Internet Banking to access all pertinent information on your fund and pay contributions Attractive investment options Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||pensions.html",
    "Privacy Statement |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Privacy Statement Articles: Life After Work - A Look At Retirement Is It Worth The Risk? - Health Insurance and your family Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision An Overview Privacy NCB Insurance Company Limited is committed to ensuring and protecting the privacy and confidentiality of its clients’ personal information. NCB Insurance Company Limited has therefore adopted this policy to comply with its obligations under current Privacy Legislation. This policy briefly describes how we collect, hold, use and whenever necessary, disclose your personal information. It also summarizes your right to have access to correct the information as necessary. If you have any questions about our privacy policies or your personal information, please contact NCB Insurance Customer Care Services at 1-888-696-3337 or e-mail your privacy concerns to ncbic@jncb.com . Use of the Internet Privacy issues, including security and confidentiality of personal information disclosed on or through this web site, are viewed very seriously by NCB Insurance Company Limited. Policies governing the protection of privacy are strictly observed and enforced to ensure the highest standards of protection of privacy and personal information. When you visit this web site, move from page to page, read pages, or download its content onto your computer, the following information may be recorded: The address you are connecting from Which pages are visited What content is downloaded The address of the web sites that you visited immediately before coming to this web site. NCB Insurance Company Limited uses this information to find out how many people visit this web site and which sections of the web site are visited most frequently. NCB Insurance Company Limited may use this information to determine what type of information is most useful, improve this web site, address your specific needs, provide better customer service and for general marketing purposes. The information may also be used to provide records of communication between NCB Insurance Company Limited and you, and to comply with any legal and/or regulatory requirements. None of the information collected is associated with any individual. It is measured only in aggregate. NCB Insurance Company Limited records the statistical information on the numbers of visitors to this web site, but no information about individuals in particular is kept or used. Certain NCB Insurance Company Limited employees will be provided with information about a web site visitor in order to serve that visitor's needs and provide the visitor with information regarding specific products. NCB Insurance Company Limited employees are instructed to use strict standards of care in handling the personal, confidential information and the handling of such information is dealt with in NCB Insurance Company Limited’s Privacy Code. Non-compliance with this code will result in disciplinary sanctions that may include dismissal. Client Record and Personal Information In the course of our business relationship with you, the personal information collected about you is held in a "client record." This information likely includes, at a minimum, your name, address and telephone number(s), birth date, account holdings and if applicable, the name address of your spouse or beneficiary. Depending on the type of service you request, additional personal information may be held in your client record. This information was provided to NCB Insurance Company Limited either by you or your financial advisor at the time the account was opened or as the information became necessary throughout the service process. Collecting, Holding, Using and Disclosing Personal Information NCB Insurance Company Limited may collect, hold and use the personal information in your client record as well as collect personal information from and disclose personal information to the third parties identified below, for the following purposes: identifying you and ensuring the accuracy of information contained in your client record; establishing and administering your account, determining, maintaining, recording and storing account holdings and transaction information in your client record; executing transactions with or through NCB Insurance Company Limited including transferring funds by electronic or other means; providing you and your financial advisor/dealer with investment account statements, tax receipts, financial statements for your investments, proxy mailings, transaction confirmations and other information that you or your financial advisor/dealer may request to service your account; protecting its own business interests including collecting a debt owed to NCB Insurance Company Limited or allowing the performance of a transaction; meeting legal and regulatory requirements; verifying information previously given by you with any other organization when necessary; advising you of other similar NCB Insurance Company Limited products, services or initiatives that may be of interest to you; and, for any other purpose you and NCB Insurance Company Limited and/or your financial advisor may agree upon from time to time. Consent Your knowledge and consent to NCB Insurance Company Limited’s collection, use and disclosure of your personal information is important. We rely on your actions as indications of your consent to our existing and future personal information practices: Your voluntary Provision of personal information directly to NCB Insurance Company Limited or through your financial advisor/dealer; Your express consent or acknowledgement contained within a written, verbal or electronic application process; Your consent solicited by NCB Insurance Company Limited (or our agent) for a specified purpose; Your receipt of this Privacy Policy, until you notify NCB Insurance Company Limited of a withdrawal of your consent; or Your consent given through your authorized representative such as a legal guardian, agent or holder of a power of attorney. Subject to certain legal or contractual restrictions and reasonable notice, you may withdraw your consent at any time. If you wish to withdraw consent or discuss the implications of such withdrawal, please contact us through one of the means described in the preface. In some circumstances, legal requirements may prevent you from withholding consent. Your decision to withhold consent may also limit the products and services that NCB Insurance Company Limited is able to provide to you. Location of Your Client Record Your client record, whether electronic or paper, is kept at the offices of NCB Insurance Company Limited in Kingston, Jamaica. Paper records forming part of your client record may also be kept in offsite storage. Your client record may be transferred to other locations for disaster recovery purposes. Right to Access and Correct Your Personal Information Except in limited circumstances described in the legislation, you are entitled to access, through a written request, the personal information contained in your client record. You may verify this personal information and request that any inaccurate information be corrected. For information on this process, please contact us at NCB Insurance Company Limited Customer Care, at 1-888-696-3337. Limits on How Long Personal Information is Kept NCB Insurance Company Limited will only retain your personal information as long as it is necessary, including updating the product or service or as required by law. When we destroy the information, we will use safeguards to prevent unauthorized parties from gaining access to the information during the process. Safeguards For Your Personal Information NCB Insurance Company Limited maintains appropriate technical and organization safeguards to protect your personal information against loss, theft, unauthorized access, disclosure, copying, use or modification. If you find that the proposed resolution to your privacy concerns is not adequate, you may avail yourself by contacting: Customer Care Centre Telephone: 1-888-MY NEEDS (1-888-696-3337) OR Email: ncbic@jncb.com Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||privacy_statement.html",
    "Creditor Life |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Creditor Life FAQs: Can a lump sum be paid by Standing order? See answer . Can a Trustee be appointed at any time? See answer . See also, other frequently asked questions here . Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Overview Creditor Life is a loan insurance scheme that facilitates the insuring of all new personal loans issued by NCBJ up to a maximum amount of $5,000,000 per customer. Main Benefits to Customers Repayment of insured loan balances outstanding in the event of their death. Assets pledged as collateral for loan facilities can be returned to the estates of borrowers for the use of their relatives. NCBJ will not need to claim on the estates of deceased borrowers in order to liquidate unsecured facilities. No medical examination is required. No stamping charges. These are normally incurred on assignment of individual life insurance policies. Eligible Customers All NCBJ customers in the age range 18 – 65 years availing of personal loan facilities are automatically qualified for coverage under the Creditor Life Loan Insurance Scheme. Customers are NOT required to undergo medical examination or satisfy other eligibility requirements normally associated with obtaining life insurance coverage externally. Eligible Loan Types All personal loan types granted under all loan schemes are eligible. It is mandatory that all unsecured personal loans be insured under the new Creditor Life scheme. For secured loans, the insurance facility is to be sold to customers as a part of the loan package unless customer can alternatively provide a life insurance policy with a face value that adequately covers the loan amount. Branches may waive the requirement for the loan insurance if cash security is offered and customer objects to taking the insurance facility. Maximum Insurable Limit Under this new facility, the total loan amount that an individual customer can insure is a maximum of $5,000,000 at any point in time. Customers may insure more than one personal loan under the scheme provided the maximum amount is not exceeded. Please note that customers with personal loans already on the books as at the date of this circular will still be able to insure loans up to the maximum limit of $5,000,000 under the new scheme. Due to system constraints, where loans to be insured under the scheme are being opened for amounts in excess of the maximum insurable limit of $5M, branches are to instruct the CDSU to open two (2) loans; one for the limit of $5M plus premium financing amount and the other for the difference in excess of the $5M limit. The loan in excess of the maximum insurable limit will not be covered under the Creditor Life scheme. Customers who insure loan facilities under this new scheme, and are subsequently receiving additional personal loans that will cause the maximum insurable limit of $5M to be exceeded, the procedure outlined in 5.2 above is also to be applied. An example is provided below. E.g. Customer has facilities with outstanding principal balances totaling $4,500,000 already insured under the new scheme and is approved for a new loan of $800,000. Of the new loan amount, only $500,000 can be insured under the scheme. Consequently, the request to the CDSU should be to open two loans; one for $500,000 plus premium financing amount and the other for $300,000 not covered under the scheme. Calculation of Premiums Premiums will be calculated based on a schedule of single premium rates, which vary according to the customer’s age and the loan repayment period. New electronic loan calculators have been developed and placed in the template directory to allow branches to electronically calculate the premium due and applicable repayment schedules for our three loan types (Amortized, NBL, and Ordinary Loan). The schedule of single premium rates has been placed in the template directory in the sub-folder for Creditor Life Insurance. Premium Financing The premium costs to customers are to be financed through us by increasing the original loan amount requested by customer by the lump sum premium. As a result, the increased loan amount inclusive of the premium is the figure that should be used in the credit assessment process. Similarly, all loan and security documents, including the facility commitment letter, and requests for disbursements to the Centralized Securities & Disbursement Unit should reflect the increased loan amount. Enrolment Procedure By now all branches should have received an initial supply of Enrolment Certificates from NCBIC. Enrolment forms are printed in triplicate and are to be distributed as follows: - a) NCBIC Copy - To be sent to NCBIC via the branch’s NCBIC blue pouch in envelopes legibly marked “Creditor Life Enrolment Form” . b) Branch Copy - To be sent to the CDSU along with the other accompanying loan and security documents. c) Customer Copy - To be given to customer. Please note that the Enrolment Form is not to be photocopied. Only originals will be accepted by NCBIC and the CDSU. Branches are to replenish their stock of enrolment forms via the Stationery Depot.. Collection of Premiums The premium collection process is fully automated and will be executed by the CDSU during the loan disbursement process. During the loan disbursement, the premium will be automatically calculated by the system using the applicable rate from the schedule of premium rates, deducted from the loan proceeds and credited to the Creditor Life Facility account number 7222200000 of the respective branch. The original amount requested by customer will be disbursed according to branches’ instructions in the usual manner. Coverage of Joint Loan Facilities Where loan facilities are being granted jointly, coverage can be effected only on the life of the customer identified as the principal borrower. However, the uninsured parties to the loan may insure other loan accounts under the new Creditor Life scheme up to the maximum insurable limit. Premium Refunds Where a loan facility insured under the new Creditor Life Scheme is closed ahead of the scheduled expiry date due to early repayment or consolidation to a new facility, the customer will be eligible for a refund of a portion of the premium paid. The refund amount will be based on a schedule of premium refund rates, which vary according to the remaining loan repayment period. The schedule of refund rates has been placed in the template directory to allow branches to verify the accuracy of the amounts refunded by NCBIC. Termination of Insurance Coverage Insurance coverage will be terminated on the closure or classification of the loan account. Claims and Refund Procedures The claims and refunds procedures, which were covered extensively in training, can be located in the Creditor Life Product document available in the template directory. The required claim form and refund form can also be found in the same directory. Portfolio Reporting Menu option CRLIFE has been created to allow branches to inquire on individual accounts covered under the scheme as well as to generate a Creditor Life portfolio report. Premium Commission and Profit Sharing Arrangement As a result of a premium administration fee arrangement established with NCBIC, branches will retain 15% of premiums collected. Given the foregoing, only 85% of the premiums credited to branches’ Creditor Life Facility account number 7222200000 will be transferred to NCBIC account number 062384468 on a monthly basis. Additionally, 20% of the profits generated by the new Creditor Life Scheme will be paid by NCBIC to NCBJ under a profit sharing arrangement. This 20% share of the profits (calculated by the NCBIC Actuary) will be distributed amongst branches based on their respective portfolios in September of each year beginning September 2006. Amended Payroll Plus Loan Agreement The Payroll Plus loan agreement located in the template directory has been amended to reflect coverage of Payroll Plus loans under the new Creditor Life facility. Given the mandatory requirement for coverage of these facilities under the new scheme, the revised loan agreement is now to be used. Existing Personal Loans Under the existing Creditor Life Insurance scheme, NCBIC insures personal loans granted as National Bank Loan (LNNBL) and Amortized Loan (LNAML) facilities up to a maximum of $2M per loan. The premium costs, which are calculated and paid on the outstanding principal balances monthly, are fully underwritten by the Bank (NCBJ). NCBJ will continue to underwrite the monthly premium expenses for these loans. We previously established an interim arrangement for insuring NCB Home Equity Loan facilities, which was communicated via circular no. 16/2005/P-CR dated July 12, 2005. This arrangement is to cease with immediate effect as the new scheme will also facilitate coverage of these facilities. Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||products_creditor_life.html",
    "Employee Care-Life and AD&D |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Employee Care-Life and AD&D Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Employee Care-Life and AD&D What are Employer-sponsored Benefit Plans? Assets are a vital part of every modern business operation; increasingly employers have come to accept that Employees are the most important form of asset and therefore must be protected. So an important factor of doing business is that both the Employees and machinery need to be insured against the risks of loss. That’s where the NCBIC Employer-sponsored Benefit Plans come in. Our plans are designed to provide peace of mind to Employers whose objective is to protect their Employees against the risks of: Death Disability Retirement, and Provide Living Benefit payments for total & permanent disability, loss of sight, hearing, speech and phalanges, Terminal Illness, etc. Whether your Benefits Programme is being implemented as a result of your objectives or jointly with your Employees, NCBIC is here to assist you with a seamless transition into providing these benefits for your most valuable asset Features & Benefits of NCBIC’s Employee Care-Life and AD&D 24-Hour Coverage : Life insurance coverage for all employees both on and off the premises of the workplace. Master Contract: This is the contract between Students’ Loan Bureau and NCB Insurance Company (NCBIC) and the Employees are the individuals insured under the contract. Therefore, certificates of insurance are issued to each Employee and not a contract. Evidence of Insurability: No individual medical required for each Employee except for those who require coverage in excess of the No Evidence Limit (NEL) of $12,000,000.00 and employees applying for coverage after the Waiting Period. Conversion Option – portability of coverage: Provides a convenient option for covered eligible Employees, who terminate their employment, to convert their Employee Care- Life insurance coverage to an individual life insurance plan. Current Maximum $5,000,000. Hospital Accident Benefit : $1,000.00 per day up to a Lifetime Maximum of 50 days and $50,000.00. No ‘ Coordination of Benefits ’ information required for the payment of this benefit. Terminal Illness Benefit : payable to an enrolled Employee who is medically diagnosed as terminally ill with a life expectancy of six (6) months or less. 50% of the coverage in force at the date of diagnosis is payable up to a maximum of $2,000,000 and upon death of the Employee the balance is payable to his/her named beneficiary. Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||products_employee_care.html",
    "OMNI |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland OMNI OMNI FAQs: Can a lump sum be paid by Standing order? See answer . Can a Trustee be appointed at any time? See answer . See also, other frequently asked questions here . Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision What is OMNI? A long term investment savings plan geared toward individuals whose key savings goals include home ownership and retirement or any other major life goal . A universal life policy, Omni allows flexible premium options and attractive interest rates. Benefits Our premium payment options are easy and flexible. Lump sums can be invested at any time to enhance the achievement of your goals. Maximizing on Tax advantaged investment will ensure you receive the best value for your money. Interest is compounded monthly so returns are maximized. Conditions Policy owner must be at least 18 and no older than 70 years on last birthday. Life insured can be from 0 to 70 on last birthday. Owner and insured can be two different people. A person can be insured under more than one policy, as long as the Total Sum Insured does not exceed $500,000 For more information see our (FAQ) Frequently Asked Questions . Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||products_omni.html",
    "Omni Educator |Home Contact Us News Site Map Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Omni Educator Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision What is OMNI Educator? A unique long term educations savings plan; Omni Educator is a vehicle through which parents and family members can plan and save towards their children's tertiary education. The defining feature of OMNI Educator is the payment of an Education Grant - an amount equal to 20% of the policy's Accumulated Value that results from the eligible premiums. How it Works ? When the policy is issued, the owner designates a single Education Grant Beneficiary. This beneficiary could be different from the beneficiary(ies) who will receive the death benefit proceeds. Over the years, the owner contributes premiums regularly (frequency and amount as defined in the policy) and the Accumulated Value of the policy increases. When the Education Grant Beneficiary is ready for tertiary education, the Education Grant is calculated, and is paid directly to the qualifying tertiary education establishment for education fees and expenses. The Accumulated Value is also available to defray the cost of education. The Education Grant Mr. Michael Lee-Chin's dream is that one day every Jamaican child will have the opportunity to complete tertiary education. OMNI Educator delivers on his promise to re-invest in Jamaica and specifically in Jamaican children's education. The NCB Jamaica Education Initiative (JEI) launched in May 2003, established a Foundation that is funded initially by Key Card sales, and by a donation from Mr. Lee-Chin himself. This Foundation supports a comprehensive education programme including early literacy efforts, computer donations, CXC sponsorship, and loans for teachers. The Education Grant for the OMNI Educator is also funded through the JEI Foundation. The first $100,000 of Contractual Premiums per year, to a lifetime maximum of $1.8 Million are eligible for this Grant. These contributions, less the expenses and cost of insurance, form the Accumulated Value on which the Grant is calculated. Benefits Attractive interest rates Interest rate on lump sum premium is guaranteed for one year Monthly compound interest Tax-free returns * Life insurance coverage Structured & convenient investment plan * Conditions apply Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||products_omni_educator.html",
    "OMNI - Your Questions Answered |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland OMNI Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Back to Omni main page Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Your Questions Answered Can a lump sum be paid by Standing order? Not at this time. Lump sums are paid by cheque or cash. Can a Trustee be appointed at any time? Not in all cases. If the beneficiary is preferred (policy issued prior to August 1995 and the beneficiary is a child), a Trustee cannot be appointed now. Otherwise a Trustee can be appointed at any time. Can an Omni policy be assigned? Yes. A customer can have his/her policy assigned or hypothecated. Can I add another owner to the policy? No. Each policy should have one policy owner. Note: There are Omni Original to Omni 6 policies with “Joint owners”. For these policies, you must determine if the clause is “and/or” or “and”. This will indicate who should sign. Can I change the beneficiary on my a policy? Yes, but if the beneficiary is a preferred or irrevocable beneficiary, specific conditions apply. These beneficiaries must sign in agreement to all beneficiary changes. Can the policy owner decide to make someone else the policy owner? Yes, but the new policy owner must have an insurable interest in the life insured. In making this change, the current policy owner gives up all rights to the policy. Does the Contingent owner have rights to the policy? No. The contingent owner has no rights during the lifetime of the policy owner. How do I treat a policy with the premium due date behind? Try to collect the outstanding premiums. Note: There are some policies that the due date is far behind (Omni Original to Omni 6). Explain to the client that the charges continue to be deducted from the accumulated fund. Some service requests require that the premiums are paid up to date, e.g. changes to the premium amount and frequency. How do I treat a policy with the premium due date far in advance? Advise the client that the premiums are paid far in advance. Note: This is seen with several Omni Original to Omni 6 policies. This may be as a result of the customer: Consistently paying an amount in excess of the contractual premium. Suggest that he/she make a policy change to increase the contractual premium to the amount being paid. Paying adhoc amounts in excess of the contractual premium. Suggest that for amounts of $10,000.00 (the minimum lump sum premium) and over, that he/she place these as lump sum premiums. How should I treat a policy which is coded as a single premium policy? These policies are not “true” single premium policies and therefore the policy due date is often far behind. Remind the customer that the charges are being deducted from the accumulated fund. I am the beneficiary on a policy. Can you tell me the accumulated value? No. The policy owner is the only person who has the right to request information about the policy. If the policy is assigned, the Assignee also has that right. Is my policy covered under the Jamaica Deposit Insurance Corporation? No it is not but the company is governed by the Insurance Act 2001 and regulated by the Financial Services Commission. The policy owner has died and the Contingent owner wants to know what is required. Verify that the Contingent owner is named on the policy (NCBIC verification required for Omni Original to Omni 6). Request proper identification (Passport, Driver’s License, Voters ID) of the Contingent owner and Proof of Death of the policy owner. Complete a change form to change the ownership, the Contingent Owner will sign as both the Contingent Owner and the Owner. What are these expenses shown on my statement? The expenses include the cost of insurance deducted to keep your policy coverage in force, the policy fee which is an administrative charge, and any premium taxes. What is the advantage of setting up a Standing Order? Premiums will be paid consistently and on time. What is the tax advantage of Omni? Premiums paid on the Omni policy are tax-free up to specific limits. These are: a. Contractual premiums up to $60,000.00 per annum b. Additional lump sum premiums up to $1M per annum provided that no withdrawals are made from the lump sum premium within five (5) years. What should I do if the client's TRN is not on CRM? Collect the TRN and send to NCBIC for update on the policy file. What should I do if the policy owner's date of birth is not in CRM? If the customer has evidence of age (passport or birth certificate), complete a policy change form and attach a copy of the evidence and send to NCBIC for update to the policy file. If the customer does not have the evidence, ask him/her to bring it to the Bank on the next visit. When is a Trustee appointed? A Trustee is appointed when the beneficiary is a minor. In the event that the insured dies while the beneficiary is a minor, the death benefit is paid to the trustee who is expected to act in the best interest of the minor child. Why appoint a Contingent owner? A contingent owner is appointed when the policy owner is not the life insured. This individual will assume ownership of the policy if the policy owner dies before the insured. Why are preferred and irrevocable beneficiaries required to sign to authorize the policy holder to make withdrawals or specific policy changes? There is a trust created when a beneficiary falls in the preferred class or when the beneficiary is named irrevocable. This means that the proceeds of the policy were intended for the beneficiary. Note : On the Omni Original to Omni 6 policies, there are many policies in which the policy owners are not aware of this condition. This was never the intention. Transactions have already been allowed on some of these policies and the customer may say this. Please refer these cases to NCBIC. Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||products_omni_faqs.html",
    "ProCare |Home Contact Us News Site Map Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland ProCare FAQs: What are the key benefits of ProCare? See answer . Who is eligible for the Critical Illness Plan? See answer . See also, other frequently asked questions here . Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision A Critical Illness Plan Take care of #1 PROCARE is a critical illness insurance plan designed to provide protection when you need it most. Surviving critical illness these days is not uncommon but it can and will turn your life upside down. It usually strikes without warning and can affect you physically, emotionally and financially. It also affects those closest to you, spouse, family, a business partner. PorCare provides you with financial benefits while you are alive to help maintain your quality of life and independence after the onset of critical illness. BENEFITS Critical Illness Benefit PROCARE provides a lump sum settlement of up to $2 million upon the first diagnosis for any of the following illnesses: Heart Attack Cancer Stroke Major Burns Paralysis Loss of Speech Deafness Blindness Coma This benefit can help ease the financial burden by paying off debt or where necessary, to alter your home to facilitate medical upgrades e.g. a wheelchair ramp. The lump sum is based on the coverage purchased on the Policy Date – the Basic Sum insured. The minimum coverage that an individual may receive is $200,000. PREMIUMS All premiums are paybale in Jamaican dollars and can be paid monthly, quarterly, semi-annually or annually. The premiums are based on coverage selected, age and gender of the life insured and is subject to a minimum contractural premium of $6,000 per annum. WHO IS ELIGIBLE? Policy owners must be at least 18 years on their last birthday while the life insured must be between 18-16 years. The Owner and the life insured can be two different people but there must be an insurable interest in the relationship for example: Self Wife or Husband Employment/ Employee For more information see our (FAQ) Frequently Asked Questions Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||products_procare.html",
    "Your Questions Answered |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland ProCare Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Back to ProCare main page Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Your Questions Answered What are the key benefits of ProCare? ProCare offers the following benefits: Critical Illness Benefit ProCare provides a lump sum settlement of up to $1.5 million upon the first diagnosis of any of the following 5 major illnesses: heart attack cancer stroke major burns paralysis Ambulance Benefit A one-time benefit of a maximum of $5,000 will be paid if an ambulance is used to transport the Life Insured at the time of the first diagnosis of Heart Attack, Cancer, Stroke, Major Burns or Paralysis Death Benefit A death benefit of 100% of the all Basic premiums (excluding policy fee) will be paid to the beneficiary if the Life Insured dies as a result of an accident or illness not covered under the policy. No Claim Benefit A no claim benefit of 100% of all Basic Premiums paid, will be paid to the Life Insured upon the expiry of the policy provided the contractual premiums are paid up to the expiry date. No benefit will be paid if the first diagnosis of a critical illness is within 180 days from policy commencement date or date of reinstatement. Who is eligible for the Critical Illness Plan? The owner must be at least 18 on the last birthday before the Policy Issue Date. The Insured can be between 18 and 60 at issue. The owner and insured can be two different people. Can a person be insured under more than one policy? Yes – a person can be insured under more than one ProCare policy subject to the maximum coverage of $1,500,000. Does this product have a requirement for a defined relationship between the owner and insured? Yes – the relationship between the Owner and Insured must satisfy insurable interest. The relationships allowed are Owner insures self Owner insures wife or husband Employer/ employee allowed – Key Man insurance Note: If a customer wants to purchase a policy for a parent/ aunt/ uncle/ child over 18 years the customer will be required to set up the parent/ aunt/ uncle/ child over 18 years as both the Owner and Insured and the customer as the payor. How does the amount of coverage selected for ProCare affect the coverage maximum for OMNI products and Protection Plans? For the purpose of maximum insurance coverage, the OMNI products and Protection Plans are considered as two separate types of products. The maximum insurance coverage under OMNI products is $500,000. A customer may also have the maximum coverage under the ProCare of $1,500,000 and ProVision of $1,000,000. Are there any medical questions / medical exam for the insured? No medical or response to health questions required. Only a declaration of health is made on the Application form relating to AIDS / HIV and previous critical illnesses. Is there a cash value? No – this policy does not accumulate a cash value. What is the minimum premium? Premium is based on the coverage selected, age of the Insured on the policy date and gender and is subject to a minimum Contractual Premium of $6,000 per annum. What is the maximum Sum Insured for ProCare? $1,500,000. Are the premiums and benefits indexed for inflation? No, premiums and sum insured remain the same for the life of the policy. Are premium rates guaranteed? Premiums are level for the duration of the plan. However, NCBIC can increase the premium rates for all policyholders during the life of the policy. No individual policyholder will be singled out for a premium increase. At policy issue, is backdating allowed so the customer can take advantage of a lower premium rate? No backdating is permitted. Can a policy be reinstated? Yes, NCBIC’s may agree at its discretion to reinstate a policy on payment of all outstanding premiums and interest as required by NCBIC and subject to a new declaration of health. Application for reinstatement must be within 180 days of premium due date. Reinstatement will result in a further elimination period of 180 days from the date Declaration of Good Health and a further 2-year contestability period for the new Declaration of Health. Are there any restrictions on the policy? NCBIC will not pay benefits for critical illnesses arising from conditions for which medical treatment or advice was given prior to the Policy Issue Date or during the first 180 days of the Policy (the “Elimination Period”). These are called “pre-existing conditions” and are excluded from coverage. The Company will not cover critical illnesses that are diagnosed after the Elimination period, but which displayed symptoms before the Elimination period for which no medical consultation was sought. Illnesses or conditions arising from self-inflicted harm, whether sane or insane, or caused by action while committing or attempting to commit a felony will be excluded. Who has to make the diagnosis of a critical illness? Your own doctor or hospital doctor can make the diagnosis, but NCBIC reserves the right to ask for additional information, and this may include a second opinion. What if I live outside of Jamaica? NCBIC reserves the right to require additional information. This may be a second opinion by our own doctor. If you live outside of Jamaica, your own doctor can make the initial diagnosis and we will confirm if we need additional information. What happens if I die from a condition other than those defined in the policy? The Company will pay to the beneficiary 100% of the basic premiums paid up to the date of death (i.e. premiums excluding policy fee). What if I have a heart attack and die straight away? NCBIC will pay the full Sum Insured as a Critical Illness Benefit Claim to the Beneficiary Designated by the Owner. How quickly will NCBIC pay the Sum Insured? NCBIC will pay the benefit as soon as we are able to obtain all the medical information and other claims information that we might need. What is the No Claim Benefit and when is it paid? At the end of the policy term (the Expiry Date) NCBIC will pay a No Claims Benefit of 100% of the Basic premiums (i.e. premiums excluding policy fee). Who gets paid what? Critical Illness Benefit – paid to the Life Insured (or the Beneficiary if the Life Insured dies from of one of the five listed Critical Illnesses). Ambulance Benefit – paid to the Life Insured (or the Beneficiary if the Life Insured dies from of one of the five listed Critical Illnesses). Death Benefit – paid to the nominated Beneficiary (if cause of death is other than from one of the five listed critical illnesses. No Claims Benefit – paid to the policy Owner. Who can be named as Death Benefit Beneficiaries? The Owner may nominate one or more person(s) as Beneficiary for the Death Benefit. (Recommend a maximum of 4 beneficiaries) Beneficiaries may be changed, subject to conditions A minor can be named, but requires a Trustee It is recommended that beneficiaries be designated as revocable. Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||products_procare_faqs.html",
    "ProVision |Home Contact Us News Site Map Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland ProVision Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision An Accidential Death & Dismemberment Plan A Protection Plan for you and your family PORVISION is a personal insurance plan that allows you to show you care by protecting you and your loved ones in the event of accidental death, diagnosis of a terminal illness or dismemberment. Coverage is instant and does not require a medical examination. BENEFITS ProVision will cover your final expenses and those of a loved one Payable up to $4,000,000 ProVision will pay you a percentage of the basic sum insured in the event of terminal illness If hospitalized due to an accident, ProVision will pay the hospital fee up to $5,000 per day If you have an accident and lose a limb, dismemberment benefits will be paid. Coverage is instant. Once your application form is correctly completed and payment received, you are covered. For more information see our (FAQ) Frequently Asked Questions. Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||products_provision.html",
    "Your Questions Answered |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland PROVISION Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Back to ProVision Main Page Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Your Questions Answered Who is eligible for ProVision? ProVision is available to anyone between the ages of 18 and 70 years. Who can you name as a beneficiary? You can name anyone as beneficiary for the death benefit. However, for all other benefits, the beneficiary is automatically the Life Insured, with the exception of the cash surrenderd which is payable directly to the Owner. How quickly will the death benefit be paid? Within 2 to 3 working days after receipt of all required claim documents and supporting information. How do I get started? Call or visit any NCB insurance Advisor at any NCB Branch islandwide or call toll free 1-888-MY-NEEDS (696-3337) PREMIUMS Premium amount is based onthe coverage selected, age of the Life Insured on the Policy Issue date and gender. Premiums are paid either monthly, quarterly, semi-annually, or annually for 25 years or to the age of 85, whichever occurs first. Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||products_provision_faqs.html",
    "NCB Insurance - Request a Quote|Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Request a Quote Articles: Life After Work - A Look At Retirement Is It Worth The Risk? - Health Insurance and your family Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Request a Quote Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Aliquam vehicula pede vel dolor. Aliquam accumsan sollicitudin turpis. Ut laoreet, neque eget dictum adipiscing, nibh arcu bibendum metus, ut faucibus quam augue et elit. Quisque feugiat turpis sit amet lorem. Quisque pulvinar, leo at vehicula porttitor, nibh orci sodales nisl, a convallis eros pede vel nulla. Donec sagittis turpis ac felis. Nullam et pede vitae felis rutrum posuere. Donec risus massa, aliquet a, lobortis eget, faucibus at, lorem. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos hymenaeos. Ut rhoncus mauris eget nunc. Phasellus faucibus pede id arcu. Praesent condimentum, arcu sit amet molestie dignissim, pede lorem mattis eros, in fermentum tellus orci sit amet augue. Sed aliquet feugiat nisl. Sed sed lacus. Nullam nulla eros, luctus non, auctor eget, commodo non, libero. Suspendisse in leo. Quisque vel justo et nisi porta dignissim. Maecenas ligula. Etiam molestie. Nullam dignissim bibendum lorem. Proin neque ipsum, interdum eget, viverra eu, consectetuer at, lorem. Aliquam erat volutpat. Vivamus imperdiet felis sed nibh. Pellentesque et massa sed nunc pellentesque pretium. Praesent convallis varius orci. In hac habitasse platea dictumst. Pellentesque ornare, elit sit amet volutpat consectetuer, nisi sapien imperdiet turpis, sit amet mattis massa metus nec arcu. In eu sem. Sed et quam ac nisl facilisis nonummy. Curabitur id orci. Maecenas pretium viverra nulla. Vivamus pretium volutpat neque. Sed at nibh. Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||request_a_quote.html",
    "Site Map |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Site Map Articles: Life After Work - A Look At Retirement Is It Worth The Risk? - Health Insurance and your family Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision An Overview Main Menu Home About us Corporate Profile Board of Directors Management Team Insurance Employee Benefits Investments Pensions Articles NCBIC Products Creditor Life Employee Care Omni Omni Educator ProCare ProVision Top Menu Home Contact Us Site Map News NCB Website Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||site_map.html",
    "Terms of Use |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Terms of Use Articles: Life After Work - A Look At Retirement Is It Worth The Risk? - Health Insurance and your family An Overview Please read the following Terms & Conditions carefully since they govern your use of the NCB Insurance Company Limited website (www.ncbinsurance.com). From this point on, we will refer to the NCB Insurance Company Limited website as "Website" in these Terms & Conditions. NCB Insurance Company Limited maintains this site to provide you with information about NCB Insurance Company Limited services and products, allow our customers to perform banking transactions and to facilitate communications with NCB Insurance Company Limited. From time to time we may revise these terms and conditions. By accessing this site you indicate your acknowledgement and acceptance of these terms and conditions. If you do not agree to the Terms & Conditions below, please do not access this site or any of the pages herein. Each user of this Website agrees to the following Terms & Conditions: ACCESS TO AND FROM WEBSITE All information submitted to NCB Insurance Company Limited via this Website shall be and remains the property of NCB Insurance Company Limited. NCB Insurance Company Limited shall be free to use, for any legal purpose, any ideas, concepts, know-how or techniques contained in information a user to this Website provides. We will use our best efforts to include accurate and up to date information on this Website, but we make no warranties or representations as to the accuracy of the information. STATEMENT OF INFORMATION WE COLLECT @ JNCB .COM This section describes the circumstances under which we may receive personal information on-line. NCB Insurance Company Limited is committed to the highest level of security and privacy regarding the collection and use of our online banking customers' personal information, as well as that of all visitors to our web site. Personal information may be collected through the submission of account applications, online banking transactions, or through the use of online financial tools such as interactive calculators. Visitors may also voluntarily provide us with personal information via e-mail, drawing registrations, web surveys, online registration, guestbook or contact forms. This information is handled internally by our staff to process the visitors request. NCB Insurance Company Limited does use standard Web tracking software to collect nonidentifying information about our visitors, such as: Date and time our site was accessed City, state and country Web browser used IP address (A numeric address given to servers connected to the internet) The bank uses this information to create summary statistics and to determine the level of interest in our web site. Some areas of our web site may use a "cookie" temporarily stored in the visitor's computer memory (RAM) to allow the web server to log the pages you use within the site and to know if you have visited the site before. USE OF WEBSITE CONTENTS All information, documents and materials posted on this Website are only for the internal use of Website users and may not be resold, republished, or copied, without the prior written consent of NCB Insurance Company Limited. In addition, all information, documents and materials posted to this Website are subject to change without prior notification. All services and products described in this Website are subject to the terms of the applicable account agreements. Not all of the services and products described on this Website are available in all geographic areas. You may not be eligible for all the products or services offered through this Website. A Website user's eligibility for particular services and products are subject to final NCB Insurance Company Limited approval. It is also important that you note that investment products are not obligations of, or guaranteed by NCB Insurance Company Limited; and investment services are not bank deposits insured by the Jamaica Deposit Insurance Corporation or any other entity, and are subject to investment risks. COPYRIGHTS Copyright in the images, text, screens and web pages appearing at this Website is owned by NCB Insurance Company Limited or others as indicated. You may copy information from our Website for your personal or educational use only, provided that each copy includes any copyright, trademark or service mark notice as they appear on the pages copied. The information and materials may not otherwise be copied, displayed, distributed, downloaded, licensed, modified, published, reposted, reproduced, reused, sold, transmitted, or otherwise used for public or commercial purposes, except as provided in these terms and conditions without the express written permission of NCB Insurance Company Limited. LINKS TO OTHER WEBSITES NCB Insurance Company Limited may establish links between this Website and other websites operated by non-affiliated third parties. NCB Insurance Company Limited has no control over any other such websites or the contents therein and the existence of any such link shall not constitute an endorsement by NCB Insurance Company Limited. All user access to any of these hyperlinks are at the user's own risk and the content, accuracy, opinions expressed, and other links provided are not investigated, verified, monitored or endorsed by NCB Insurance Company Limited. Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||terms_of_use.html",
    "Terms of Use - The Assurance Of Being Provided For|Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland About Us Articles: Life After Work - A Look At Retirement Is It Worth The Risk? - Health Insurance and your family Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Terms of Use Vision 20/15 To become the leading Insurance, Pensions and Long Term Investments Provider for the People of Jamaica by the year 2015. Mission To be the leading Insurance Company by consistently providing superior customer service and creating enduring value for our stakeholders through innovative life and health insurance, pension, other financial solutions and an extraordinary team of employees and partners in a productive and caring environment. Core Values We embrace continuous training to enable all of us to think and operate effectively in an ever changing environment We strive to continuously build and work in a team-based environment We embrace two-way communication and upward challenge to allow for participation at all levels as the Company continues to build a world-class organization We respect and recognize each other and we continuously strive to create a corporate culture that is both caring and productive We build alliances and quality relationships with our customers in order to better serve their needs We strive to reduce costs while maintaining high standards in order to achieve the highest levels of productivity We operate in a manner to allow for superior growth in the business and to allow for a return on investment that exceeds cost of capital Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||vision_mission_core_values.html",
    "Your Questions Answered |Home Contact Us News Site Map Select a Parish Clarendon Hanover Kingston & St. Andrew Manchester St. Ann St. Catherine St. Elizabeth St. James St. Mary St. Thomas Trelawny Westmoreland Your Questions Answered Articles: Critical Illness Protection - Why do I need it? The Pensions Legislation - Plan Members Rights and Responsibilities Planning for your Child’s Future - Your options Why you need to have a Will - Your Decision Counts Select a Product Creditor Life Employee Care Omni Omni Educator Procare Provision Your Questions Answered ProCare ProVision Omni Home About Us Insurance Employee Benefits Investments Pensions Articles © Copyright 2007-2008 NCB Insurance Co. Ltd. All rights reserved. Member of the NCB Group of Companies Designed By: Aura Technologies||yourquestionsanswered.html"
);