Individual Life Insurance
Provides financial support to cover funeral costs, debt or general expenses, and other necessities your family may have at the time of your death.
Product summary
Individual or group plan
One of the reasons to protect our loved ones or motivate us to plan for our economic future when I wouldn't. When we think about planning our finances, one of the ways we offer to help us along the way is life insurance.
The same one provides financial support to cover funeral costs, debt or general expenses, and other necessities your family may have at the time of your death.
Benefits
- Provide life protection for the insured.
- Leveled amount of the insurance.
Contract dispositions
- Protects your family in the case of any event that may occur.
- To be part of forming the necessary financial planning to accomplish your family’s goals and dreams of your loved ones. Offers free funds from taxes for any expenses related to your death. To serve as a savings instrument for the future.
Payment methods
These are the payment methods available to purchase your plan.
Frequently asked questions
We leave you some of the most frequently asked questions about our plans
What is the cost of a Life Insurance?
The premium is the amount established that you must pay as owner of the policies, and it will depend on what type of insurance and the endorsement you need. For more information, you can get in touch with an Authorized Representative.
To whom are the benefits paid of the Cancer and Pernicious illnesses?
The benefits of the policy are paid to the primary insured. In his absence will be paid to the owner of the policy, to your beneficiaries, if they were designated, or to your heirs. Funeral benefits will be paid to the person who provides satisfactory evidence that he paid for the funeral, so long as he dies of illness.
How can I establish an automated pay on my account?
To set up an automatic payment, you should complete a card bank form, which should be accompanied by a voided check or proof from a financial institution.
When the Cooperative of Savings and Credit does not send a declaration od the heirs or a testament, to who’s name is the check made?
The check comes out under the Cooperatives names.
What should I do to add a beneficiary to my COSVI policy?
To designate a beneficiary, all you have to do is fill out the Request to Add Beneficiaries document and send it in original format by regular mail to: Cooperativa de Seguros de Vida de Puerto Rico, COSVI Attention Issuance Department PO Box 363428 San Juan, P.R. 00936-3428 You can also bring it to any of our offices or send it by email to serviciosalcliente.documentos@cosvi.com.
Do shared requirements to be eligible under Funeral coverage exists?
Yes, the shared requirements do exist to be eligible. The share requirements to become a member vary for each co-op. Because the requirement for shares depends on the establishment of each cooperative.
Steps to acquire your insurance
In just three steps, you can get the policy you are looking for.
Initial Consultation
In your initial orientation appointment, the objective is to establish good relations hear youcarefully and make adequate questions to know which you are needs a free consultation.
Evaluation
Depending on your needs, we evaluate the different products beneficial for you.
Presentation
Besides your resume, we will continue to evaluate all information provided to recover your situation and confirm your needs. We propose an action plan that identifies and explains different products and alternatives that meet your needs. If you agree with our recommendations, we help you get the product.
Orientación Inicial
En la cita inicial el objetivo es establecer una buena relación, escucharle detenidamente y hacerle las preguntas adecuadas para saber cuáles son sus necesidades.
Evaluación
Dependiendo sus necesidades, se evaluarán los diferentes productos de mayor beneficio para usted.
Presentación
Además, de resumir la situación, confirmar sus necesidades se procede a evaluar toda la información provista, se presenta un plan de acción en el que se identifican y explican los diferentes productos y alternativas que satisfagan sus necesidades. Si usted está de acuerdo con las recomendaciones, se le ayuda adquirir el producto.
What our clients are saying
Look what are insured have to say about our policies and our services.
I was treated very kindly and promptly.
Very well located and a wide variety of insurance products.
Good service, I won't let them.
Tremendous company. It is by appointment, at the moment, they are very helpful and fast, you do not waste time. Make an appointment by phone and that's it!!! Good service.
Excellent customer service.
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