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FAQ

  • What is life insurance, and how does it work?
    Life insurance is a contract between you and an insurance company. You pay regular premiums, and in return, the company provides a death benefit to your beneficiaries if you pass away during the coverage period.
  • Why do I need life insurance?
    Life insurance helps ensure your loved ones are financially protected by covering expenses like funeral costs, debts, or lost income if you’re no longer there to provide for them.
  • What is an Annual Renewable Term (ART) Life Insurance policy?
    An ART policy provides life insurance coverage for one year at a time, with the option to renew annually without requiring a new medical exam.
  • How much coverage can I get?
    You can get up to $50,000 in coverage with our insurance plans. We offer various coverage amounts to fit your needs, starting from as low as $1,000.
  • How long can I keep renewing my ART policy?
    You can renew your ART policy up until the age of 64.
  • What is Remittance Continuation Life Insurance?
    It’s a life insurance product designed to replace the regular remittances immigrants send to support their families abroad. In the event of the policyholder’s death, it ensures that their loved ones continue to receive financial support through a lump sum or periodic payments.
  • Who is it designed for?
    This product is ideal for immigrants who regularly send money to their families and want to ensure financial stability for them even after their passing.
  • How does it work?
    After the insured’s death, the death benefit is paid to the designated beneficiary to continue financial support as specified in the policy.
  • How much coverage does it provide?
    $12,000 worth of Coverage, aligning with the expected value of regular remittances. This comes out to $1,000 every month for a year.
  • How is this different from regular life insurance?
    While traditional life insurance focuses on broader financial protection, this policy specifically addresses the continuity of remittances to support dependents abroad.
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