Ricardo Loaiza, the representative of Custodia, a company with 15 years of experience in insurance intermediation, says that when measuring the premiums collected the individual life insurance branch in 2016 compared to 2015, there is a slight increase of 3%.
But what is the life insurance policy? Loaiza explains that it is a long-term investment. The client must pay a monthly, quarterly or annual insurance to maintain a protection ranging from $ 20,000 to $ 300,000 (private) and $ 5,000 to $ 100,000 (corporate). The amount will be delivered to his/her beneficiaries in the event of a possible death.