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‘Resolution’ cash - by Barbados Today
June 13, 2019
Article by
Barbados Today
Published on
June 13, 2019
Article by
Barbados Today
Barbados Today
June 13, 2019
Ten years of uncertainty have ended in joy for hundreds of CLICO Life Insurance policyholders, who this week started receiving their monies from the company’s court-ordered successor, Resolution (RES) Life Assurance Company Ltd. Scores of mostly-middle aged and elderly people crammed into the lobby and spilled outside of the company’s Worthing Corporate Centre headquarters waiting
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8 Replies to “‘Resolution’ cash”
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So who owns the 12 former Clico Plantations now?
Please explain to me once again; why they could not have been sold and the policy holders, paid in full?
Or why; couldn’t a 100% land swap couldn’t have been done?
Are those lands now the property of; the government and people of Barbados?
Can the people of Barbados have full disclosure on this matter please?
Are the documents of this debacle available for the people of Barbados to peruse?
His facial expression is priceless: No full refunds. Which part of the sentence wunna can’t understand?
Yes u could of sell the plantations and pay d ppl n full so who owns the plantation now ?tax payers or clico still ?
The DLP Govt. left money to pay these people since May 2018.
Policy holders received money in the first week of May 2018 and they were to be paid the remainder in the last week of May 2018.
When policyholders turned up at Res. Life in the last week of May 2018, they were informed that there would be no payments as the New Govt. had stopped all payments.
So this is nothing to be joyful about.
Plus there is also the matter of British American policy holders being paid the remaining 30% of their monies by SAGICOR INS. which was promised to be paid to them by SAGICOR INS. before the end of Dec. 2018.
They have not been paid either by SAGICOR INS.
While I am happy that some Barbadians are receiving money, I am extremely angry and disappointed that I have received no kind of correspondence about my three policies.
obviously the media will make a song and dance about it….
im waiting to see what going down hum
Voters for the BLP are so disappointed, that they are too ashamed to admit it in public. The pain is internal, like cancer. So they hold on to the tune called Blame the DLP. It will be some time before these people will sing Blame the BLP. Their shame battles their pride.