Your success in making investments and planning for your significant milestones
is important to us. For this reason, IML hosts regular seminars and utilise
other media to pass on critical information that will guide your financial
decisions and help you to adequately prepare for marriage, further education,
acquisition of assets, retirement and estate planning.
We harness the expertise of our managers and associates in delivering empowering
presentations and preparing articles that will increase your knowledge of
relevant topics, and address issues that are of concern to you. Additionally,
you can make use of our resources for will preparation.
IML also supports the capital expansion work in the territory of the West Indies
Union Conference of Seventh-day Adventists for the benefit of Northern Caribbean
University (NCU) and other education facilities; Andrews Memorial Hospital (AMH)
and other health facilities and Youth Ministries to include the various camp
sites. Our contributions to these institutions and projects facilitate
increasing educational opportunities, expansion of health services and further
spiritual and emotional development among the youth. Additionally, IML helps the
Adventist Development and Relief Agency (ADRA) to provide aid to those affected
by disasters and to improve the quality of life of the most vulnerable in our
society.
IML clients residing in Jamaica can make deposits at our offices or to our local bank account at over 45 locations island-wide. Clients residing overseas can make investments through Wachovia’s worldwide banking network.
Your investment period commences immediately.*
*Conditions apply.
The IML Investment Maximiser is a safe investment product, designed to offer the
best returns on your money in the short to medium term.
- Investments may be made in Jamaican, United States and Canadian dollars as well
as Sterling
- Minimum opening deposit: J$50,000, US$1,000, CDN$1,000 or £1,000
- Investments are made in low-risk, secure Government instruments such as
Repurchase Agreements, Local Registered Stocks and Treasury Bills
- Competitive interest rates
- Higher interest than savings passbook rates
- Investment periods range from 30 to 365 days with option to compound and reset
interest rate
- Investment can be used as collateral for loans from IML
- No management fee is deducted from the returns on investments
- Investors can set achievable financial goals
You can earn tax-free returns on your five-year investment in an IML Tax Saver
Account. Your long-term goals such as ownership of property, further education
and pension, will be realised with greater ease.
- Maximum tax-free investment of J$1,000,000 annually
- Investments are made in low-risk, secure Government instruments such as Repurchase Agreements, Local Registered Stocks and Treasury Bills
- Minimum investment $250,000
- Interest is paid twice annually
- Up to 75% of the interest earned can be withdrawn each year
- Remaining interest is paid at the end of five years if no withdrawals were made from the principal during the investment period.
- Low-risk investments
IML Star Plus Educator is a long-term, flexible investment plan aimed at accumulating
funds for children’s secondary level education. By starting investments for your
child at birth, you can ensure that your financial goal is achieved.
- Goal-oriented investment
- Variety of investment options to choose from
- Competitive interest rates
- Interest calculated semi-annually and compounded
- Low-risk investments
- Fixed returns
- Lump sum available at end of investment period to cover planned expenses
- Investment may be used as collateral for loans
- Opportunity for scholarships
- May be converted to an IML Graduate Educator investment
Financing tertiary level education can be made much easier with an IML Graduate
Educator long-term investment plan. This is a safe way to accumulate funds in time
to meet the financial obligations related to your child/children’s tertiary education.
- Goal-oriented investment
- Variety of investment options to choose from
- Competitive interest rates
- Interest calculated semi-annually and compounded
- Low-risk investments
- Fixed returns
- Lump sum available at end of investment period to cover planned expenses
- Investment may be used as collateral for loans
- Opportunity for scholarships
Give a gift that grows.
- Flexible
- Rewarding
- Appropriate