Group Insurance for Directors
Plan for directors, consultants, committee, advisors and company’s employees, associations, cooperatives, and central organism.
Product summary
Group plan
All members of the board are leaders who provide time to help the community through the solid principles of the co-op philosophy. Conscious of the need to carry out a protection policy for protection for the cooperative leaders, COSVI designed a life collective for the director's insurance.
This protection is an added form of encouragement to all others who are willing to take the time to support the system.
Benefits
- Accidental death, dismemberment, and loss of vision are up to two times the amount of life insurance.
- Provides a benefit for the Use of a Seat Belt if the insured dies in a car accident, for Education for the insured's children, and Repatriation of the remains of the insured.
- Optional compensation for directors and committee members disabled as a result of a business accident.
- For directors, committee members, official management, benefits in accidental deaths, and dismemberment pay three times the amount of life insurance.
Available endorsements
- Accelerated payment for early death- Provides for the advancement of 50% of the life benefit in the event of a terminal illness whose life expectancy is 12 months or less.
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 should I do if I want to reinstate my life policy?
You just have to fill out the Reinstatement Application and send it in original format, with the payment of all 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 Representative.
What alternatives do I have to obtain a life insurance in COSVI without a need to go through a medical exam?
We have some examples available that are generation 40/80 and Cosvi Serena.
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.
What should I do to change my method of payment for my policy?
To realize changes in your methods of payments is necessary to fill out the form bank card, that it should be accompanied with a void check or a certification of the Financial Institute. This permits your policies to be debited directly from your account without any mayor effort on your part.
Will the last loan be paid?
Yes, the last loan will be paid if the last loan has more than 12 months.
Is it necessary to pre-certificate the services under School and Special Accidents Policy?
No, is a policy of reimbursement, why which no services are pre-certified.
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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