Company Information

Get to know afriKare Life

afriKare Life Ltd is a licensed life insurance company based in Mauritius and regulated by the Financial Services Commission (FSC) of Mauritius. As a wholly-owned subsidiary of the Kare Holding Group, the company focuses on providing innovative and accessible life, health, funeral, and credit life insurance solutions, as well as reinsurance services, primarily targeting markets across the African continent.

Industry

Financial InsurancePRIMARY
Financial Other Service

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afriKare Life

United States

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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2017

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Security Information :

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.