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Virginia Outten speaking to the media yesterday, pictured with BPSU president John Pinder, back right. Below right is the statement showing the proof of debt owed to Ms Outten, a total of $334,000. 
Photo: Shawn Hanna/Tribune Staff

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Clico policyholders frustrated at $10,000 compensation limit

THE relief originally expressed by many CLICO (Bahamas) policyholders has now turned to frustration, as some owed in excess of $100,000 have been offered “at best” $10,000 in compensation for funds invested into policies with the failed insurer.

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