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Life insurance gives you the peace of mind of knowing that your loved ones will be protected if you pass away, helping them to be financially prepared to maintain their lifestyle. They could settle funeral expenses, debts, house payments, the education of your children, among others.
It’s designed to cover you insurance needs for a specific period of time, usually 10, 20 or 30 years. It pays the benefit to your designated beneficiary in case of death and does not accumulate cash value. You may obtain the insurance with level premiums, which will not increase during the coverage period. In many cases you may covert your insurance to a permanent policy. This coverage may be convenient for you if to have a need for coverage for a specific period.
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It provides lifetime protection, if and when you continue paying your insurance premium. Permanent Life Insurance accumulates cash value and is the ideal product for a long-term insurance need. There are several types of Permanent Life Insurance to meet your specific needs.
Products offered by Popular Insurance, LLC.
Insurance products are: not deposits - not FDIC insured not insured by other federal government agencies - not bank guaranteed - may lose value.
LifeSecure is subscribed by Caribbean American Life Assurance Company (CALAC), part of the Assurant, Inc. group of companies. Insurance products and services are offered by Popular Insurance LLC, a subsidiary of Popular, Inc. and an affiliate of Banco Popular de Puerto Rich. Assurant, Inc. and Popular Insurance LLC, Popular Inc. or Banco Popular de Puerto Rico are not affiliated.
Popular Insurance, LLC is a General Agency and Authorized Representative properly authorized by the Office of the Commissioner of Insurance to manage life insurance business, variable life insurance, variable annuities, disability, property and contingency, title, and health services in Puerto Rico.
LifeSecure insurance is a guaranteed issue policy for people between the ages of 18 and 55 and with a Banco Popular de Puerto Rico deposit account. Be sure to read carefully the eligibility criteria in the Certificate of Insurance accessing the following link: lifesecure.assurant.com/en-PR/home.
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