CHANGE IN BANKING DETAILS FOR 2025

Subsequent to Cinagi recently adding a life insurance underwriting facility with Bryte to our existing non-life insurance underwriting facility with Infiniti, a change is required for receipt of clients’ monthly insurance premiums.

This change will be effective for the January 2025 premiums, payable by the 1st of February 2025.

This change is necessitated through financial services regulations relating to our enhancing of Cinagi’s 2025 product offering, which will combine both life and non-life insurance benefits.

Attached hereto are the details within a bank verification letter from our bankers, First National Bank.

Monthly insurance premium schedules detailing the members on cover and the relevant premiums due will still be issued monthly in the same manner as in the past. The January 2025 schedule will be issued on the 15th of January 2025 - the only change required from yourselves is to make this premium payment and all future payments thereafter to this new bank account.

We kindly request that the ‘Client Acknowledgement’ below is signed and submited for our records. Should you have any queries in relation to this letter, please feel free to contact me for clarity.

Kind regards,

Michael Settas
Managing Director