Life insurance is a complement to your assets because it guarantees immediate liquidity to your family members at the time of death. If you only had land and properties, for example, your relatives would have to sell them poorly to have liquidity.
WHY LIFE INSURANCE?
WHO SHOULD I PROTECT?
To your relatives: your husband or wife, children, parents; they are called “beneficiaries.” To your business: ensuring that even if you are not there, your business can continue.
HOW DO I PROTECT MY BUSINESS?
By purchasing insurance for your key employees in the business or purchasing insurance between business partners, through smart planning, you can ensure that your business continues to prosper after a key employee’s death.
WHAT IS THE INSURED SUM?
The sum insured is the amount of money paid to your beneficiaries in the event of death. It can be anywhere from US $ 100,000 to US $ 20,000,000.
HOW DO I DETERMINE THE VALUE OF MY ``SUMA INSURED`` LIFE INSURANCE TO ENSURE THAT MY FAMILY IS PROTECTED?
It is a simple calculation, determine your monthly expenses at home considering even unforeseen events, trips and multiply them for at least ten years. This information will give you an idea of the amount of money your family would need in the event of your death.
WHAT IS THE PREMIUM? UNTIL WHEN IS IT PAID?
The premium is the annual payment calculated according to age, sex and health condition in order to achieve a certain insured benefit.
HOW MANY YEARS DOES LIFE IINSURANCE COVER?
Depending on your needs, from 5 to 120.
CAN I RECOVER THE PREMIUMS PAID?
Depending on the type of insurance purchased, insurance with savings typically allows that you recover premium with interest from year 20 forward which is when cash values have accumulated.
CAN I COMBINE LIFE INSURANCE?
You may combine life insurance with a supplement creating a policy that is partially savings and partially term.
WHY DISABILITY INSURANCE?
Disability insurance protects you if you suffer an accident or illness, which prevents you from practicing your profession.