We offer different types of life insurances, both for individual use and business. A life insurance is one of the most effective ways to provide protection for your close one and protect their financial future.
Universal Life Insurance
Universal life insurance is a product that includes a protection component and a savings component. This insurance can also be used to guarantee mortgages and loans.
This insurance product is highly flexible, allows you to choose your coverages, insurance amount, payment method, and payment amounts. In addition, it allows you to extend the duration of the policy if needs, without the need to go though the qualification process again.Coverages include:
- Natural death
- Personal accidents
- Disability benefits
- Serious diseases
- Waiver of mortality cost
Term Life Insurance
Term life insurance, also know as temporary term insurance, is a simple option to guarantee family income, children's education, mortgage or loan payment, final expenses, and others. These insurances are purchased for a predefined face amount and length of coverage. At the end of the coverage term, a new insurance can be purchased going through the evaluation process of insurance companies.
Key Man Insurance
Key man insurance are used to prevent that the death of one of the partners, executives, or important employees affect the continuity and productivity of a company.
In the case of partners, an agreement is generally made between the parties which states that in the event of a death, the equity is distributed among the surviving partners. The proceeds from the insurance is used to pay for the acquisition of the equity from the deceased's family.
Collective Life Insurance
Collective life insurances are developed to insure a group of people under a business policy, where the death of the employee is covered. These are excellent choices to provide added value to your employees' family and is used by companies as a talent-retention incentive.
