Nalico & Nafico – Two Of The Largest Life & General Insurance Companies In Guyana!

Nalico and Nafico are companies that basically has to do with insurance. The term Nalico means North American Life Insurance Company Limited while the term Nafico means North American Fire and General Insurance Company Limited. These are two of the largest life and general insurance companies with fifteen (15) branches across Guyana. Nalico and Nafico offers many types of policies for Life, Fire and General insurance coverage which can be tailored to suit your needs and budget. Read on to find out more details.

About Nalico & Nafico

Nalico and Nafico are wholly owned subsidiaries of the Edward B Beharry & Co. Ltd. Nalico was incorporated on 28th August 1989 and in 1992 acquired the local operations of American Life Insurance Company Limited (Alico). Nalico offers a wide range of Life, Health, Pension and Annuity products. Nafico commenced operations on the 3rd May 1993 and offers a wide range of Property, Liability and Motor Insurance products. In 1998, they were the first to offer motor insurance to drive in Suriname and currently offer this service free to drive there as well as Brazil.

Their business strategy is to align their focus of satisfying customer needs by continuing innovation in product designs, expand their presence within the geographical locations of Guyana, maintain operational efficiency and ultimately provide an excellent service to policyholders. They are consistently responsive to the growing demand for technologically advanced communication with policyholders. The management team with over 120 years of experience is fully equipped to deliver the best advice and administer the most prudent underwriting and fair claim settlement process.

Types Of Insurance Offered

1. Group Life and Health Insurance – The Group Insurance line offers for Employer/Employee and all other groups Medical and Life Insurance coverage at the most competitive premiums with benefits tailored to the needs of each individual group, and efficient claims settlement and advice. This includes: Group Life Coverage; Accidental Death and Dismemberment Coverage; Group Health Insurance; Major Medical Coverage; Vision Care; Dental Care; Overseas Treatment; Credit facilities at Hospitals, Doctors and Pharmacies; Efficient Claims Settlement; Advise on costs and treatment facilities; and Members of their Group Insurance Plans enjoy discounts at popular stores and pharmacy.
2. Individual Life & Health Insurance – Their Individual Life and Health Insurance line has a variety of products designed to meet the needs at every stage in life. This includes: Whole of Life; Guaranteed Protector; 10, 15 and 20 Year Limited Payment Whole of Life Plans; Life Paid-up plans at ages: 50, 55, 60 and 65 years; Juvenile Estate Builder; 10, 15 and 20 Year Endowment; Endowment at age 18; 20 Year Modified Endowment; Endowment Annuity at ages 50, 55, 60 and 65. There is also 5, 10, 15 and 20 Year Term; Term to ages 60 and 65; Cash Back 20 and 30 Year Term; Golden Harvest; Happy Retirement 60 and 65; Funeral Insurance, Individual Medical Insurance, Accident Indemnity; Accidental Death and Dismemberment, Accidental Medical Expense, Premium Payer Protection; and Talent Builder.
3. Motor Insurance – Motor insurance policies are tailored to meet the needs of clients who enjoy premiums that are very competitive and claims service that’s the best. Clients also enjoy a twenty-four hour advise service via after-hours phone in facility. This includes: Third Party Insurance coverage tailored to the client’s needs; Third Party, Fire and Theft Insurance; Comprehensive Insurance: With Free added benefits; Personal Accident for Drivers and Conductors; Windscreen/Glass Damage; Coverage for uninsured and underinsured third parties; Learner Driver’s Coverage; Driver’s Screening; Free Advice; and free Insurance to drive in: Suriname and Brazil (conditions apply).
4. Property & Liability Insurance – Clients enjoy a wide range of coverage for man-made and natural disasters at the competitive premiums, free onsite inspections and risk management advice, and efficient claims settlement. This includes: Property Insurance; Fire, Lightening and Allied Perils; Allied Perils include: Explosion, Riot, Strike, Malicious Damage, Civil Commotion; Vehicle Impact, Aircraft Damage, Earthquake, Tornado, Bush Fire, Hurricane, Storm, Wind Storm; Tsunami, Flood; Equipment All Risk; Computer AII Risk; Public Liability; Employer’s Liability; Professional Indemnity; Plate Glass Insurance; Cash in Transit; Goods in Transit; Individual Personal Accident; Group Personal Accident; Contractor’s All Risk; and Fidelity Guarantee.
5. Pension and Annuities – In the competitive market for skilled and qualified employees, employers can now feel secured of having a pension plan to offer employees as an added incentive, bringing more commitment to the company. Employees are assured of a retirement benefit that relieves them of the somewhat arduous task of providing for retirement. This includes: Defined Contribution Pension Plan; Defined Benefit Pension Plan; Hybrid Pension Plan; and Single Premium Pension Annuities.
6. Contractor’s Insurance and Bonds – They provide for the needs of Contractors all classes of insurance and bonds for all types of public/private construction, engineering and service contracts. They have insured and provided bond protection for some of the largest and unique contracts in Guyana. Clients are assured the most competitive rates and the best in service. This Includes: Contractors’ All Risk Insurance; Equipment All Risk; Employers’ Liability; Public Liability; Bid Bonds; Advance/Mobilization Bonds; and Performance Bonds.

Location & Contact Information

• Head Office Address: 30/31 Regent & Hincks Streets, Robbstown Georgetown
• Telephone: 226-5885-6, 226-9241, 227-0440-3
• Email: [email protected]/ [email protected]
• Website: http://naficonalico.com
• Motor Division Address: 189 Charlotte Street Lacytown, Georgetown
• Telephone: 231-9731/2, 227-0444, 227-8696, 227-8697

Branch Offices:

1. Berbice – Lots 2-6 Main Street New Amsterdam, Berbice, Tel: 333-2918
2. Diamond GBTI Building – Public Road, Diamond East Bank Demerara, Tel: 265-3500/2
3. Good Hope – East Coast Demerara, Tel: 220-0397
4. Rosehall Town – Corentyne, Tel: 336-6106
5. Corriverton GBTI Building – Corriverton, Tel: 335-3254
6. Bush Lot Village – West Coast Berbice, Tel:232-0316
7. Anna Regina GBTI Building – Anna Regina, Essequibo Coast, Tel: 771-4845
8. Parika GBTI Building – Parika, East Bank Essequibo, Tel: 260-4080
9. Vreed-en-Hoop GBTI Building – Vreed-en-Hoop, West Bank Demerara, Tel: 264-2864
10. Lethem – 209/210 Lethem, Rupununi, Tel: 772-2304, Fax: 772-2305, Alfred Ramsaran: 772-2035
11. 34 ‘B’ Republic Avenue – Mckenzie, Linden, Tel: 444-6757
12. WT Shopping Mall – First Avenue, Bartica, Tel: 455-1033
13. Port Kaituma GBTI Building – Fitzburg, Port Kaituma, North West District, Tel:777-4008 Fax: 777-4009
14. Mahaica Office – Lot 30 Helena No. 2, Mahaica, East Coast Demerara, Tel: 228-2659

Nalico & Nafico In Guyana

Nalico and Nafico are insurance companies providing a wide variety of insurance services such as: Life, Health, Property, Motor and Liability Insurances, Bonds, Pension and Annuities. They are ready and willing to help you with whichever one you desire. The different locations prove convenient as you can go to one right near your area. Truly, Nalico and Nafico are two of the largest companies with fifteen (15) branches across Guyana.

Article References:

• https://beharrygroup.com/beharry_group/nalico-nafico-0
• http://naficonalico.com/about-us
• https://www.facebook.com/NalicoNaficoOfficial/