Includes vehicle and homeowners policies, for personal and commercial cover. Also called non-life insurance or property and casualty insurance.

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The named beneficiary receives the proceeds and is thereby safeguarded from the financial impact and loss of income of the death of the insured.

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Health insurance can either reimburse the insured for medical and surgical expenses incurred from illness or injury, or pay the care provider directly.

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In 2004 when Hurricane Ivan, a Category 3 storm hit Grenada, the country was devastated. Insurance Companies shared losses amounting to $416 million. NEWIM had its fair share of claims and paid over $22 million to our policyholders. We stand proud to state that NEWIM was among the first companies to settle all our clients’ claims.

“Our mission is your protection”, our mission extends to our schools and communities. NEWIM contributes towards building a stronger, safer, healthier and better educated society. Throughout its years the company supported educational programmes, sports and culture and will continue to do so.