Skip to main content

$631m Clico pay-out due to begin Friday

The Trinidad Guardian: "Colonial Life Insurance Co Ltd (Clico)—a subsidiary of cash-strapped CL Financial—is being forced to pay out $631 million to thousands of its policyholders, who surrendered their policies after the company went belly up. From Friday, Clico’s head office in Port-of-Spain will issue cheques to policyholders who cancelled their insurance policies—some old and new—for their cash value."

Comments

Popular posts from this blog