Roadside Assistance
Premium Financing
Resources & Tips
Customer Care

Customer Compliance

Let’s work together to combat Money Laundering and Terrorism Financing

In accordance with Trinidad and Tobago’s Anti-Money Laundering and Combatting Terrorism Financing laws you will be asked to provide us with personal and financial information in order to provide you with the valuable coverage you need.

Help us to achieve full compliance by providing the necessary information and ensuring that your records are up to date.

When applying for insurance coverage you may be asked to provide us with the following information.

    • Two forms of valid photo identification
    • Proof of Address* (utility bill in your name)
    • Nature and place of your business / occupation
    • Updated contact information
    • Your place of birth and nationality
    • Your Source of Funds
    • To declare whether or not you are a Politically Exposed Person (PEP)

Please Note: * Proof of Address – This document should be no more than 3 months old

Please be advised that some transactions may also require declaration of source of funds.

Talk to your Customer Service Representative about the requirements for self-employed, business customers or foreign nationals and always make sure that your records are up to date.

Who is considered to be a Politically Exposed Person?

In accordance with Trinidad and Tobago’s Anti Money Laundering (AML) legislation financial institutions have an obligation to undertake Enhanced Due Diligence (EDD) on those clients who are classified as a “Politically Exposed Person (PEP).

Trinidad and Tobago’s AML legislation defines PEPs as:

  • individuals such as the Head of State or Government, senior politician, senior government, judicial or military officials, senior executives of State-owned corporations and important political party officials who are or have been entrusted with prominent functions–
  • by a foreign country; or
  • domestically for Trinidad and Tobago;
  • persons who are or have been entrusted with a prominent function by an international organisation which refers to members of senior management such as directors and members of the board or equivalent functions;
  • immediate family members of a person referred to in paragraph (a) such as the spouse, parent, siblings, children and children of the spouse of that person; and
  • any individuals publicly known or actually known to the relevant financial institution to be a close personal or professional associate of the persons referred to in items (a) and (b).