Insurance in Point Fortin, Trinidad and Tobago
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Insurance in Point Fortin, Trinidad and Tobago is a mechanism that ensures full or partial financial compensation for the loss or damage caused by events beyond the control of the insured party. It may cover loss, damage or theft to property as well as illness or death of the insured individual.
Point Fortin, officially the Republic Borough of Point Fortin, the smallest Borough in Trinidad and Tobago is located in southwestern Trinidad, about 32 km (20 mi) southwest of San Fernando, in the historic county of Saint Patrick. After the discovery of petroleum in the area in 1906 the town grew into a major oil-producing centre. The town grew with the oil industry between the 1940s and 1980s, culminating in its elevation to borough status in 1980. After the end of the oil boom Point Fortin was hit hard by economic recession in the 1980s and the closure of its oil refinery. Construction of a Liquefied Natural Gas plant by Atlantic LNG in late 1990s boosted the economy. Wikipedia
The capital city, Port of Spain, is the business centre of the Caribbean, housing the headquarters for a number of local businesses, a myriad of restaurants and nightlife entertainment like no other. The sister isle of Tobago is a stark contrast to Trinidad. Considerably smaller in size, Tobago is well-known for its coral reefs, pristine blue waters and white sandy beaches,the smaller island is perfect for leisure activities and an immersive experience with nature. An abundance of natural reserves in oil and natural gas has made significant contributions to the strength of the Trinidad & Tobago economy—making it one of the strongest economies in the region.
Source: tourism.gov.tt
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