TAKING STOCK - Monthly insurance payments to be banned?

Do you pay your car or home insurance monthly? Well if you do, that may no longer be an option soon. You’ll have to find the full year’s payment upfront. That’s because the Financial Services Commission, FSC, has reportedly signaled that it wants to ban Insurance Premium Financing. We’ll hear more from Managing Director at BCIC Insurance, Peter Levy.

And THE ANALYSTS weigh in on the latest market developments…. The government has announced seven no-movement days over the next three weeks. Many businesses stand to lose significant revenue. The jump in food prices has pushed inflation to its highest in a single month for almost 7 years according to STATIN. And overseas, the Taliban has retaken Afghanistan. How is that affecting global markets?

VOTE ON THIS WEEK’S POLL QUESTION:
Insurance premium financing allows you to pay for your annual car or home insurance in monthly installments (with interest). However, there's a move to ban this practice. How do you usually pay your annual insurance?
https://www.youtube.com/post/Ugw5kzN34N8jOUJc1YV4AaABCQ

TAKING STOCK - The Caribbean's #1 Business and Finance Show!
Doing business and investing in Jamaica and the Caribbean
LET’S GET THIS MONEY!

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OUR SEGMENTS:
2:34- What’s Hot in Business
7:20- Discussion on FSC wanting to ban Insurance Premium Financing
27:36- Market Recap
29:39- The Analysts

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CONTACT THE ANALYSTS:

Clive Charlton, Equities Trader at JMMB
https://jm.jmmb.com/investment-jamaica-products
Tel: (876) 998-JMMB
Email: clive_charlton@jmmb.com

David Rose - Business writer, Observer
Twitter: @jcknight2
Instagram: @Jcknight40

Keisha Bailey
Financial Coach, Founder and CEO of Profit Jumpstarter
Website: www.profitjumpstarter.com
Tel: (876) 368-6506

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EPISODE CAST:

Peter Levy, Managing Director
BCIC
Instagram, Facebook, Twitter: @BCICJamaica
Email: peterl@bcicjamaica.com
Tel :(876) 399-1702

The Analysts:
Clive Charlton
Email: clive_charlton@jmmb.com

David Rose
Twitter: @jcknight2
Instagram: @Jcknight40

Keisha Bailey
Financial Coach, Founder and CEO of Profit Jumpstarter
www.profitjumpstarter.com
Instagram :@profitjumpstarter
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Видео TAKING STOCK - Monthly insurance payments to be banned? канала Kalilah Reynolds Media