Tag: insurance

LIFE PLANS NOT AFFECTED: BIA dismisses “absolutely” false claims over COVID-19 vaccine insurance coverage

BusinessAugust 17, 2021August 17, 2021 at 3:49 am Natario McKenzie

NASSAU, BAHAMAS — The Bahamas Insurance Association (BIA) yesterday dismissed as “absolutely false” statements circulating on social media that suggested life insurance will not cover a person if they are vaccinated or die from complications related to the vaccine. The BIA said in a statement: “The BIA has noted an erroneous statement circulating on social […]

Deposit Insurance Corporation- B-dollar accounts increase by nearly 14,000 in 2018

BusinessOctober 10, 2019October 10, 2019 at 5:23 pm Natario McKenzie

90 per cent of B-dollar accounts hold less than $10,000 NASSAU, BAHAMAS- There were just under 14,000 additional Bahamian dollar accounts in 2018 compared to the previous year, according to an annual report by the Deposit Insurance Corporation (DIC). The annual report was tabled in Parliament yesterday, and also noted 90 per cent of Bahamian […]