Corp-EFF Insurance Co. Ltd.
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Price Range : $$ - Moderate

Description

Corp-EFF Insurance Co. Ltd. is a distinctive insurance provider in Dominica, primarily serving the Credit Union sector. Established with the cooperative principle of "people helping people" at its core, Corp-EFF is committed to offering specialized insurance products that include Loan Protection, Life Savings Protection, Mortgage Protection, and Family Bereavement Plans.

About Corp-EFF Insurance Co. Ltd.

Corp-EFF Insurance Co. Ltd. was founded in 2015 with the goal of providing secure and financially prudent insurance services to members of the Credit Union Movement in the Eastern Caribbean. The company's commitment to quality and efficient service is reflected in its robust service delivery protocols across all areas of operation. Corp-EFF's services are designed to be cost-effective and value-driven, aligning with the company's guiding principles. Corp-EFF is governed by the Commonwealth of Dominica's Insurance Act #4 of 2012 and the Grenada Insurance Act #5 of 2010. These regulatory standards ensure that Corp-EFF provides reliable insurance coverage to its clients.

Corp-EFF Insurance Co. Ltd. Expansion and Strategic Vision

Corp-EFF Insurance Co. Ltd. has broadened its services beyond Dominica, having launched operations in Grenada as part of its strategic expansion in the Eastern Caribbean market. This initiative reflects the company's vision to become the choice provider of insurance services for Credit Unions, driven by the stability and efficiency of its operations. The expansion into Grenada is viewed as a move to strengthen Corp-EFF's financial foundation and provide exceptional value to its clients in the OECS region​​​​​.

Corp-EFF Insurance Co. Ltd. Services and Offerings

The company offers a suite of insurance products designed specifically for Credit Union members, focusing on:

  • Loan Protection Insurance: Safeguards Credit Union members against the financial strain of unpaid loans due to total or permanent disability or untimely death.
  • Life Savings and Mortgage Protection: Ensures the security of members' savings and supports mortgage obligations under unforeseen circumstances.
  • Family Bereavement Plans: Provides immediate financial assistance to cover funeral expenses, alleviating the burden on families during challenging times.

Corp-EFF Insurance Co. Ltd. is committed to delivering dependable and customer-oriented insurance coverage. Its head office is in Roseau, Dominica, and it maintains agency offices in Dominica and Grenada. The company has established a partnership with a reputable reinsurer, Lloyd’s Syndicate, to cover risks associated with any catastrophe. This ensures timely claim payment and bolsters the security and trust of its clientele.

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