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Life Insurance

Life Insurance solutions that fit your needs

Let us help you protect yourself and your loved ones today

Life Insurance

Life insurance will help you ensure your financial future—whether you are worried about what could happen to your loved ones if you can no longer provide for them, or you simply want to save so you can enjoy your retirement to the fullest or even pay for your children’s education, and much more. We have the solution that matches your needs and will help you protect you now and in the future.

Explore our Solutions

Term Life

Term Life Insurance is a reliable, cost‑effective life insurance policy set to protect you for a fixed period. This simple, affordable solution provides peace of mind to loved ones and is designed to fit any budget. With a variety of terms to choose from, learn more today to find protection for you.

Term Life

Term Life is insurance coverage for a period as specified by the terms of the policy.

Term Life Product Benefits:

You can receive cost‑effective coverage with the opportunity to convert to permanent coverage on or before age 70, should your needs change.
You also have the option to supplement your other life insurance with Term Life insurance when it is needed.

Types of Term

Term Life cover is offered to a specified age such as term to age 65 or age 80 which expires when you reach 65 or 80 years of age, depending on the length of coverage chosen.
Term Life cover is also offered for a specified number of years such as term for 10 or 20 years, which expires after the policy has been in force for the specified period selected.

Additional Coverages:

Waiver of premium
Accidental death
Accidental death and dismemberment
Income waiver of premium
Non‑occupational accidental indemnity
Silver Lining rider gives additional coverage for a specified number of critical illnesses

Guaranteed Protector

The Guaranteed Protector plan is a specially designed, low cost, savings policy to support successful financial planning during their life.

This life insurance policy offers competitive life insurance coverage with a guaranteed cash accumulation up to age 70. This policy provides basic cash accumulation in savings. You also have the option to add the Waiver of Premium up to age 55. Should you become totally disabled while insured, with the Waiver of Premium, payment of subsequent premiums will be suspended while such disability lasts. The benefit terminates at age 60.

Benefits:

Guaranteed protection up to age 100
A guaranteed progressively increasing cash fund
Guaranteed fixed premium throughout the life of the policy.
The accidental death benefit in any amount up to three times the face value of the basic policy may be included.

Eligibility: Persons from age 18 to age 70 are eligible for Guaranteed Protector.

*Subject to underwriting guidelines.

Benefits for Beneficiaries: In the event of accidental death, as defined in the policy, the beneficiary will receive the current face value of the basic plan proceeds plus the accidental death benefit.

Additional Coverages:

Waiver of premium
Accidental death
Accidental death and dismemberment
Income waiver of premium
Non‑occupational accidental indemnity
Silver Lining rider gives additional coverage for a specified number of critical illnesses

Endowment

An endowment policy allows you to receive a lump sum amount either at the time of the maturity of the policy or upon death. An endowment plan helps you to save while protecting your family in case of death. This product is available for Children and Adults.

Additional Coverages:

Waiver of Premium (Adults)
Child Protection Agreement (Minors)
Accidental Death
Accidental Death and Dismemberment
Income Waiver of Premium
Non‑Occupational Accidental Indemnity
Silver Lining Rider gives additional coverage for a specified number of Critical Illnesses

Education Saving Policy

Is a policy used to cover the cost of educating your children where you receive a lump sum amount at the time of the maturity. It is designed to mature when your child would be eligible to start attend a higher education facility.

Automatic added benefits:

Child Protection Agreement
Monthly Income Benefit

Benefits for Your Child:

In case the parent dies: A benefit of 1% of the sum insured which your child will collect per month. This payment continues until the policy matures. This benefit can be increased to a maximum of 3%.
Policy matures: Your child receives the sum insured at the desired age.
Bonus : Additionally your child will collect all accumulated bonuses.
Guaranteed coverage: Your child has the unique option to purchase a new policy for up to 5 times the original insurance amount up to a maximum limit, regardless of their health and thereby assuring your child is insured to secure financial future.

Benefits for you, the parent:

In case you become disabled: A benefit of 1% of the sum insured will be paid to you providing financial support if you are totally and permanently disabled due to a sickness or an accident.
Waiver of premiums : In case of death or disability, then all premiums will be waived and the policy will be kept in force; meaning that your child will remain covered by the sum assured of the original insurance amount.

Additional Coverages:

Waiver of Premium
Accidental Death
Accidental Death and Dismemberment
Income Waiver of Premium / Disability Protection Rider

Term Life

Guaranteed Protector

Endowment

Education Saving Policy

Term Life is insurance coverage for a period as specified by the terms of the policy.

Term Life Product Benefits:

You can receive cost‑effective coverage with the opportunity to convert to permanent coverage on or before age 70, should your needs change.
You also have the option to supplement your other life insurance with Term Life insurance when it is needed.

Types of Term

Term Life cover is offered to a specified age such as term to age 65 or age 80 which expires when you reach 65 or 80 years of age, depending on the length of coverage chosen.
Term Life cover is also offered for a specified number of years such as term for 10 or 20 years, which expires after the policy has been in force for the specified period selected.

Additional Coverages:

Waiver of premium
Accidental death
Accidental death and dismemberment
Income waiver of premium
Non‑occupational accidental indemnity
Silver Lining rider gives additional coverage for a specified number of critical illnesses

The benefits described are subject to the terms and conditions of the policy. For further information, please contact your Pan‑American Life Representative. To the extent permitted by law, the information, products, or names in this presentation, or in any other form of sales/marketing literature are provided without warranties of any kind, express or implied; Pan‑American Life Insurance Group and its member companies, disclaim all express or implied warranties of merchantability and fitness for a particular purpose. All products and services are sold and underwritten by the Pan‑American Life Insurance Group licensed affiliate in each jurisdiction.