One of the great concerns of most people who work today is how they will live in their old age. In large part, this concern is due to the changes we are experiencing in the economy, not only in Puerto Rico but in the entire world. It is not unusual to see companies providing fewer and fewer benefits to employees, while more people are turning to being their own employers and working their benefits independently.
These changes in the way the population behaves have given way to companies creating different mechanisms. In this way, people can maximize their money and not be a financial burden during the most important moments of their work life.
Benefits of Universal Retirement Insurance:
- Flexible Contributions: Contributions of between 5%, 7% or 10% of monthly income are recommended to plan your future.
- Accumulated interest: The policy payment will be credited according to the close of the S&P500 and Nasdaq 100 markets during the year
- without placing the money in investments, stocks or any instrument that works in the stock market.
- No losses: Money is never placed in investments, therefore it never participates in corrections due to losses in the market.
- Taxes: As long as the money is in the instrument it is free of taxes on profits.
- Lifetime check: At the time of retirement the client can decide what to do with the accumulated values. He can choose to withdraw the money or receive a distribution monthly for the rest of his life.
- Life Insurance: Universal policies, in addition to generating accumulations of values without losses, have the benefit of being able to use Life Insurance for Critical, Chronic or Terminal diagnosis so as not to be a financial burden due to an illness for your loved ones.
Life insurance is ready in this new decade to accommodate your current needs and prepare you for your future, without losses.
