Life Insurances, Fundamental Part to Plan your Future

There are many found in feelings subject to the life insurances, and you can generate a fight in if. “I think that it may occur in a near future, or no”, and in this doubt it is important to evaluate risks and count with a backing that may provide to sustain your family and that they may meet their goals.

One of the most common insurances is Life Ordinary Insurance, that provides protection for life, with a premium that doesn’t change from the moment that you get your coverage. Apart from this one, we have others available:

• Insurance for Funeral Expenses that covers coverage at the death of the insured.
• A Term Insurance that covers for a specific period an occasion uncovering in a Life Ordinary Insurance.
• Insurances that pay interests and are utilized as a method of inversion.

We have insurances that provide premium devolution that the insured pays to a maximum of an X% of the premium paid if the policy terminates before the date of expiration of the term, for any other reason that is not the death of the insured.

What is the meaning of “Insurance as a Method of Investment?

There are some insurance policies that help you save, they pay accumulated interests and cash, and they could even receive the pay for dividends. You can also make loans over your money accumulated.

Example:

• Ordinary Life Insurance: Is an individual insurance that accumulates values in cash, and you can make a loan over them.
• There are other insurances that are design to start your families financial planning in (children) from the age of 14 days of newborn, that may be obtain from the father, mother, grandparents, or legal tutor of the child.

Do I always need a medical exam to obtain an insurance?

• In some insurances is not required. There are two types of insurances that don’t require a medical exam:
• Guarantee Emission Insurance: Is an individual insurance designated for people in ages 40 to 84 years old, that do not require medical questions or medical expenses.
• Also, there are insurances of Guarantee Emission but created specifically with purpose to cover funeral expenses.

How can an individual have knowledges that of what is the amount of life insurance need?

The concept of human value indicated the economic value that a person may have in the future. For this the future incomes are calculated, the same goes to the needs that your family may encounter after your death. These needs include education, mortgage debts, in other similar things. The insurances may be acquired under an individual coverage, couples, and family according to each case and budget.

Remember that it’s important to be advised by an Authorized Representative with a license, to provide advice over your investment, premium and the policies coverage. In COSVI we can advise you through remote, presently, to contemplate all the ways of security and distance. You can also communicate at 787-751-7373, visiting or profile in Facebook, Instagram, or LinkedIn, or visiting the website www.cosvi.com.