Group Life
This insurance is intended for all duly hired and actively working personnel.
Age Limits
To enroll and initiate the insurance, the age of the person is required to be between the following limits:
a) Between 15 and 65 years of age (100% of the insured sum).
b) Upon reaching 65 years of age (50% of the insured sum).
For Insurance Termination
Upon reaching 70 years of age.
For Termination of Additional Benefits
a) For the Additional Accident Benefit, upon reaching the age of 60.
b) For the Exoneration and Advance of Capital Benefits due to total and permanent disability upon reaching 60 years of age.
Basic Coverage
The Company shall pay the agreed individual sum insured upon the occurrence of the death of an insured from any cause, including suicide and homicide, indemnifying the contracted sum insured.
Additional Coverage
- Accidental Death and Dismemberment
- Advance Payment of the Sum Insured in case of Total and Permanent Disability
- Waiver of Premium Payment in case of Total and Permanent Disability
- Funeral Expenses
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