Whole Life Insurance
Permanent policy which accumulates cash values.
Product summary
Individual plan
The insurance provides flexibility in methods of payment of the premium and could be acquired before the age of 70. Ordinary Life Insurance also provides flexibility in methods of payment.
This is an alternative to inversion and financial planning. It also provides elements of savings; it means that part of the premium paid is accumulated as cash value.
Benefits
- Payment of the insured amount to the named beneficiary upon the death of the insured.
- If the insured reaches the age of 99 years old, the values accumulated he paid in life.
- Fixed premium, quantity leveled insurance.
Contract dispositions
- Various endorsements are available to extend coverage.
- The 4.5% insurance coverage has an interest minimum of $20,000 and it allows loans.
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
Where can I settle the claim as a member of the Cooperative that acquire an insurance?
You should settle your claim at the Cooperative of Saving and Credit, where you obtain your policy.
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.
Which are the minimum hours that I could he hospitalized to be covered under Hospipago Policy?
You should stay in the emergency room for at least 24 hours. The minimum length of stay will start to be covered once the hospital orders it.
Does the cancer and pernicious illnesses cover ambulatory medical visits to doctor?
No, it only covers medical visits in hospitals that are not surgeons or oncologists.
Why is important to have a Life and Health Insurance?
Life insurance may help protect your family in case of an eventuality because it forms part of the necessary financial planning. Offers funds for expenses related to your death serves as a savings instrument for the failure.
What should I do if I want to reinstate my cancer policy or other type of Supplemental Insurance?
You just have to fill out the Reinstatement Application and send it in original format, with two payments of the premiums owed by regular mail to: Puerto Rico Life Insurance Cooperative, COSVI Attention Issuance Department PO Box 363428 San Juan, P.R. 00936-3428 You can also deliver it to any of our offices or through your authorized insurance agent.
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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