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At Lloyd
we care about you, in which your worries are and in how you
wish to protect your family. That is why we offer you different
types of life insurance.
TEMPORARY
LIFE INSURANCE.-
This type of insurance offers protection at the lowest possible
cost for a specified term or period. It covers your temporary
needs and is generally cheaper than the rest of the plans,
resulting very accessible. The policyholder pays premiums
for a temporary period of time and it is the obligation of
the insurance company to pay the insured amount to the beneficiaries,
in case of death, as long as the policy is in force.
ORDINARY
LIFE INSURANCE.- Also known as full life insurance.
This insurance is designed for persons who wish protection
all their life. The beneficiaries will receive the insured
amount when the policyholder dies, without taking into consideration
the term or ages, as long as the policy is in force. There
are two types available:
- Limited
payments (for 10 or 20 years).
- Payments
during life.
These
plans are designed for persons that need to be protected but
also need to save. This insurance is based on the purchase
of a temporary protection plus one that capitalizes at the
end of the purchased term plan. The payment of premiums is
made during the term of the plan.
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