Let Us Guide You
Get protection while your loved ones depend on you, with more accessible premiums
What is it?
Term Policy is a life insurance where you can select the coverage amount you want and the number of years you want to maintain the policy; this with guaranteed renewal up to 95 years regardless of your health condition. This way, you ensure financial protection for your family for the specific period they need it most.
Who is it for?
It is a convenient alternative when you want protection for a set period, for example, when your children are young or while you are paying off your mortgage.
Can I afford it?
One of the great advantages of this insurance is that the premiums are lower compared to permanent life insurance.
What are my options?
A life insurance of 1, 5, 10, 15, 20, or 30 years, in which the amount of the insurance and the premiums remain the same during the coverage term.
Supplements that may be added to this coverage:
- Waiver of premium payments due to disability
- Coverage for additional insured
- Coverage for children
- Income protection due to disability
- Accidental death
- Accelerated benefits
- First cancer diagnosis
- First heart attack diagnosis
- Return of premium
- Privileges of changing your policy to any other with value accumulation that the company has before reaching 75 years of age without having to submit new evidence of insurability.
A life insurance of 10, 15, 20, or 30 years, in which the amount of the insurance is higher during the first years and then decreases, while the premiums remain the same during the coverage term. This product is ideal when financing a property or to protect the balance of a debt in case the debtor dies.
Supplements that may be added to this coverage:
- Waiver of premium payments due to disability
- Income protection coverage due to disability
- Accidental death
What would my insurance needs be if I die today?
Make the calculations?
-
Balance of my mortgage debt
or monthly payment x 12 months x 10 years if I rent the place where I live.
-
Debts
Total balance of installment debts (personal loans, auto loans, credit cards, department stores, etc.)
-
Funeral costs, medical expenses, and tax debts
(suggestion: not less than $20,000 in this row)
-
Costs of my child’s
college education multiplied by each child in my family unit.
-
Family income
to continue living as we are used to. After taking care of the other expenses, we need the equivalent of 60% of annual income x 10 years.
-
The total for your insurance needs is:
-
Subtract any asset you have
(insurances, cash, and others) that reduce my needs to:
-
My real need is:
The information provided here is a brief summary of the policy. The specific details, including conditions, limitations, and exclusions that apply to this insurance are stated in the policy.