Demerara Mutual in Grenada
Life insurance and savings plans in Grenada
Demerara Mutual’s Grenada branch works from the Society’s own building on Granby Street in St George’s, where the Roberts Sales Office is also based. It sells life insurance, savings and education plans and group plans for employers, issued in Eastern Caribbean dollars (XCD), and takes premium payments and claims at the counter.
Plans
Plans sold in Grenada
- Life insurance8 plans
- Group insurance and employee benefits
- Savings and investment plans2 plans
- Retirement and pension plans
- Mortgages and home loans1 plan
- Child insurance and education savings1 plan
Options sold only in the Eastern Caribbean: FB60 (Future Builder), FBS60 (Future Builder Super), MP30 (Mortgage Protection), E18 (Endowment Plans), E25 (Endowment Plans) and E30 (Endowment Plans). The plan pages give the terms and issue ages.
Premiums
Paying a premium in Grenada
Premiums are paid in XCD.
- Bank transfer or standing order
- Salary deduction
- The Grenada branch office
For a bank transfer or standing order, ask the Grenada Branch Office on +1 473 440 2520 for the account details and use your policy number as the reference.
The office that takes payments: Grenada Branch Office, Granby Street, St George's.
Claims
Making a claim in Grenada
Claims and policy loans in Grenada are handled at the Grenada Branch Office, Granby Street, St George's. For a death claim, tell the office that holds the policy, or your agent, in writing as soon as you can, with the policy number. Group and pension claims start with your employer’s plan administrator.
Offices
Our offices in Grenada
Branch office
Grenada Branch Office
Granby Street, St George's- +1 473 440 2520
- +1 473 440 3208
- Fax +1 473 440 4178
- [email protected]
Sales office
Roberts Sales Office
Demerara Mutual Office, Granby Street, St George's
About
The Society in Grenada
- Currency
- Eastern Caribbean dollars (XCD)
- Share of the Society’s business
- 21% of total revenue in 2025 (Annual Report 2025).
Questions
Questions from Grenada
Who regulates Demerara Mutual in Grenada?
The Society’s business in Grenada is regulated by the Grenada Authority for the Regulation of Financial Institutions (GARFIN).
Where do I hand in a death claim in Grenada?
At the Grenada Branch Office, Granby Street, St George's (+1 473 440 2520).
Can I buy car, home or health insurance from Demerara Mutual in Grenada?
No. Health insurance, home and fire insurance, car and motor insurance and travel insurance are sold in Guyana only. In Grenada the Society sells life insurance, savings, education and retirement plans, mortgage protection and group plans for employers.
How long has Demerara Mutual been in St George’s?
The Society opened an agency in Grenada in the 1930s. In 1995 it bought the building at the corner of Granby and Melville Streets in St George’s, which was damaged in the hurricanes of 2004 and 2005 and then rebuilt. The Grenada branch moved into it in May 2013.
Talk to an agent
Talk to an agent in Grenada
Request a callback and an agent from the Grenada Branch Office will call you at a time you choose.
Request a callback