CICL – Covering Insurance Needs of Credit Unions in the OECS

We endeavor to demonstrate our values in every interaction, from our client services to our hiring philosophy.

Corp-EFF Insurance Company Ltd was founded in 2015 and currently operates from its head office location on 4 Fields & Cross Lanes in the Commonwealth of Dominica.

The company was born out of the Credit Union Movement and is owned by Credit Unions.

We uphold the “People helping People” philosophy of the cooperative movement and operate within the Cooperative principle of “Not for Profit, but for service”.

We provide Insurance coverage to Credit Unions since 2015. Corp-EFF Insurance Company Ltd (CICL) is a value-driven organization. We strive to keep all our activities in line with our core company values – honesty, financial prudence, transparency and collaboration.

CICL operates from its head office in the Commonwealth of Dominica on 4 Fields & Cross Lane, Roseau. An offshoot of the Dominica Credit Union Movement, we strive to provide essential products and services to our clients, at costs driven purely by market forces, and not from a profit motive.

We have specialized Insurance plans on offer for our clients to include Loan Protection (LP), Life Savings (LS), Mortgage Protection, Loan Payment Protection and Family Bereavement Plans. LP saves the burden of additional loans falling on the heads of other members upon the demise of another member’s contributions. LS plans transfer member savings to the member’s beneficiaries upon demise. Loan Repayment Protection provides coverage up to twelve months should a member have specific challenges in paying their loan premiums while Mortgage Protection is a life insurance policy designed to pay off your mortgage if you die during the term.

CICL plans provide the most comprehensive and convenient coverage solutions for Credit Unions and MFG’s. Not only do we provide these plans, we ensure perfect client satisfaction at every step in the process, right from assessment stage onwards.

Get your most reliable insurance coverage from CICL.

Insure your members against unforeseen risks to cut undue costs.

Our Mission

To enhance the safety and soundness of Credit Unions and micro-organizations through the provision of specialized insurance products and services.

Our Core Values

  • Honesty and Integrity
  • Financial Prudence
  • Transparency
  • Collaboration and Team work
  • Training and development

We endeavor to demonstrate our values in every interaction, from our client services to our hiring
philosophy.

Corp-EFF Insurance Company Ltd was founded in 2015 and currently operates from its head office
location on 4 Fields & Cross Lanes in the Commonwealth of Dominica.

The company was born out of the Credit Union Movement and is owned by Credit Unions.
We uphold the “People helping People” philosophy of the coop

Our Vision

To be the Insurance Provider of choice to Credit Unions & Other Cooperatives.