LIFE INSURANCE

If the person who brings financial support to the family dies, the whole family structure is shaken. During these hard times, a good Life insurance plan can make all the difference. With this resource, your mortgage, your children’s education and other financial responsibilities can remain intact.

Life insurance can also help pay off your home.

Note:

If you are a non US Citizen or Permanent Resident purchasing properties in the US you may be subject to high estate taxes.A Life Insurance plan can solve that issue as well.

I WANT TO PROTECT MYSELF!

Our consultants will be able to provide more information on this subject and the best ways to protect yourself.

OUR PLANS

TERM INSURANCE

It is the simplest of all. You choose a coverage period that is usually 20 to 30 years. During this period, if death occurs for any reason, the beneficiaries will receive the contracted amount.

There is also an extra benefit that you may be able to get:If there is no death of the insured during the contracted period, the company will refund all the money paid for the insurance plan during the entire period.

PERMANENT INSURANCE

If you think it is important to have coverage for a lifetime or up to higheryou can purchase a Permanent plan. These plans also have the ability to accumulate savings.

Our consultants will be able to assist you in determining whether this is the most appropriate plan for your needs.

KEY MAN INSURANCE

Another type of insurance used for companies is the key person insurance. Imagine you have a sales manager who brings a lot of revenue to the company. The loss of this employee (due to death) will bring a period of financial adjustments and losses. Until you manage to hire someone else and that person becomes productive, the loss can be immense.

Key person insurance can specify that the company receives a sum of money so the day to day operation remains intact.

INSURANCE FOR BUSINESS SUCCESSION

The use of life insurance as a form of corporate planning, especially for business succession, is very common in the United States. It is also common to see a company as a beneficiary of an insurance plan. All this is done so that companies and partners can have a smooth transition in case one of its partners dies of any cause.

HOW DOES IT WORK?

Imagine a company with four partners. If one dies, in addition to the emotional stress, the company will have a great financial loss and productivity. Besides, the successors of the deceased partner will seek their portion of the company’s shares.Some companies have to give up important sums in order to pay off their debt with successors.

If the company has an insurance policy, the money received in the event of the death of a partner can be used to pay off the debt with the successors.
When we design a life insurance plan for this need, the money will be enough to cover all obligations with successors and also for a part to serve as capital injection to the company.

I NEED LIFE INSURANCE!

Our consultants will be able to provide more information on this subject and the best ways to protect yourself.