Decreasing Term Life Insurance
This product is ideal when financing a property or to protect the balance of a debt in the event of the debtor’s death. The terms we offer are 5, 10, 15, 20, 25, and 30 years. The amount to be paid in case of death will be determined according to the table of benefits included in the contract.
Supplements for decreasing term life insurance
Premium payment waiver for total disability
If you become completely disabled (as defined) for a period of four to six months or greater, depending on the plan you choose, we will waive you premium payments that are due while such total disability continues. If such incapacity is the result of dismemberment, as defined in the supplement, you are eligible to the benefit when the loss occurs.
Death by accidental means
We provide coverage for death as a direct result, regardless of other causes, of accidental injury suffered while the policy is in effect, provided that the death occurs within 90 days of the accident.
