Statement: SIC Life committed to providing service with integrity

The Management of SIC Life Company says it remains committed to providing a credible, value for money services to its customers spread across the country.

In a statement, the company said it is distinct from the SIC Insurance Company which has recently been rocked by some allegations of stealing.

Two senior staff at the company were arrested early this week for allegedly stealing an amount of ¢3.8 million.

But SIC Life Company says  "in response to the concerns and questions of our various stakeholders we are compelled to make this statement in order to clarify the company's position in relation to SIC Insurance Company Limited."

"Since 2007, SIC Life has existed as a totally separate legal entity distinct from SIC Insurance Company Limited which undertakes general insurance business," the statement indicated.

The company is promising to work with diligence and integrity at all times.

"SIC Life's vision is to continue to be the leading, most dependable and customer-friendly life insurance company in the country.

"To stay the course of our vision, we have adopted a mission of commitment to employing a highly motivated and efficient work-force in order to continue to offer innovative, value-priced life insurance products to our esteemed policyholders," the

"SIC Life wishes to assure all our stakeholders that we are committed to working with integrity and prudence not only to safeguard the policies and investments held with us, but to deliver superior returns while doing so."