10 Frequently Asked Questions About Life Insurance

1. What is life insurance?

It's the responsible way to demonstrate concrete love for his people. A life insurance in the amount of capital is defined by you in order to protect your family against the financial loss would mean his death. You can also protect you and them in case you have an accident or serious illness. Consortium offers a wide range of both traditional life insurance and flexible.

2. Is life insurance a good way of saving?

Life insurance with savings can deliver a very good return on their funds comparable to that of other banking instruments. The capital gains are tax exempt.

3. What are the requirements to hire a life insurance?

Be between 18 years and 65 years.

Have an "insurable interest" that is a legitimate economic interest and guard against a risk that can occur.

Consorcio detail all circumstances that may influence the assessment of risks.

4. What do I buy life insurance?

One of the most important tips we can give to consumers is to talk to an insurance company with good financial stability. At the time of purchase and throughout the duration of the policy, should pay close attention to the financial solvency of the company. home insurance questions .

Important: Recommends that only buy life insurance companies ranked by AM Best Company with a rating of "A" (Excellent) or better.

5. What additional benefits to get a life insurance contract?

In addition to protecting you and your loved ones, life insurance is:

* Reset: The entire capital is expressed in UF

* Has tax advantages: The capital employed (which receive their beneficiaries in case of death) is not subject to tax deductions for inheritance tax.

* Unattachable: The sum insured is not liable for debts that the insured had to die.

* Flexible: The contractor's insurance may suit different face protection needs throughout their lives, without having to purchase new policy. May adapt the capital insured at any time, hiring new coverage for himself and his family, define how your fund investment, withdraw some or all of your accumulated fund and / or adapt your plan free bonuses without losing any contracted benefits.

6. What are the additional coverage?

Are sure that you can add to your life insurance designed to protect you and / or their loved ones to illness, accident and travel, medical and dental expenses, etc..

7. What is the difference between contractor and insured?

The contractor is the person who hires and pays the insurance premiums it. If you buy insurance for himself, will be both contractor and insured. If you do on behalf of a third party, the third is the insured. insurance dictionary .

Important: The insurance is only effective if the insured suffers the loss.

8. What can I use my insurance?

The most important thing is how quickly will make the denouncement of the event (accident, death, etc.) according to the terms of the contract or insurance policy. You can do so in writing or in person at any office Consortium. Depending on the type of loss, we will tell you the background necessary to enforce security.

Important: This report can affect any person having knowledge of the incident that affects the insured.

9. What is a traditional insurance?

Traditional insurance offer protection for a fixed term is defined at the beginning of the contract. In a traditional insurance in the amount of shares is the same and can not withdraw money before the time agreed in the contract.

10. What is a flexible insurance?

Flexible insurance are designed so you can continue to adapt its policy in time will vary according to their protection needs. best home insurance .

It also offers modern and convenient savings system that allows flexible insurance payment system without losing any benefits contratados.Con insurance you can arrange flexible hedging and savings on the same policy.