PHILIPSBURG:---- Compass Insurances agent for Sagicor Life, Nagico and Guardian recently held its second annual free Life Insurance seminar at the University of St. Martin with the theme “Building a Legacy through Life Insurance”.
“The objective of the seminar was to inform participants and create awareness regarding the various ways individuals and businesses could benefit from life insurance,” said agency manager Barbara Pompier-Halley. “The seminar was a great success with over 150 persons in attendance which proves the need for information on this topic.
The event featured two guest speakers. Notary Meredith Boekhoudt talked about the importance of estate planning including the marriage law, inheritance law and types of wills.
Tax Advisor at Baker Tilly, Maarten Tervoort discussed the effects of income tax on insurance/ annuity premiums and their proceeds. Other topics discussed during this year’s seminar ranged from the Importance of leaving a legacy, the significance of life insurance in creating a legacy for your family as well as your business
Following the presentations guests in attendance actively participated in the question and answer session where numerous questions were posed to the panel of four speakers to receive more clarity and advice on various situations. The event was filled with valuable information enabling participants to feel equipped and motivated to make appropriate adjustments in how to build
their legacy.
Barbara Pompier-Halley confirmed that “Compass Insurances will continue to organize these information sessions annually to help increase awareness in our community about the obligations and benefits of having life insurance. “We believe that a nation with the right information combined with action is better prepared for the future”.
Compass Insurance also thanks all participants and persons who contributed in helping to make the event a success.
Compass Insurance Agency is located on the Walter Nisbeth Road Tel: 721 542-2070 – www.Facebook.com/CompassInsurances.