Life insurance may cost more
SAGICOR POLICY HOLDERS may pay more for new life insurance coverage come next year due to the 2008 Budget imposition of a one per cent increase in insurance premium tax.
The good news is the company is likely to absorb that cost in its general insurance line of business.
In a statement to BARBADOS BUSINESS […]
Car-Insurance Rates Climb After Falling for Several Years
Car-insurance rates, after falling for several years, may be heading up again.
A study by Insurance.com, an online insurance agent, found that on average, its lowest quotes increased an average of 3.4% nationally during the second quarter of 2008, compared with the previous quarter. It was the second consecutive period that prices rose.
The average quote was […]