Company Information

Get to know The National Insurance Board of Trinidad and Tobago

Established by an Act of Parliament in 1971, The National Insurance Board of Trinidad and Tobago (NIBTT) manages and administers the National Insurance System (NIS). Its core mission is to provide a measure of social security for the insured population of Trinidad and Tobago by paying financial benefits in situations of retirement, sickness, maternity, invalidity, and more. The NIBTT collects contributions from employers and employees, manages the investment of the National Insurance Fund, and disburses benefits to eligible claimants, playing a crucial role in the nation's social safety net.

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The National Insurance Board of Trinidad and Tobago

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Founded in

1972 (54 Years)

Founded

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.