Group Debtor Balance Fixed Annual Amount
This insurance consists of covering the insurable interest of the Contracting Party against risks related to death, disability and unemployment that the Insured may suffer, normally justified by a financial obligation or debt.
Basic coverage
- Death from any cause
Additional Coverage
- Total and Permanent Disability Coverage
- Unemployment Coverage
Coverage and Limits of Liability
| Coverage | Limit of liability |
|---|---|
| A- Death from any cause | The unpaid amount of the Debt contracted by the Insured with the Policyholder, updated annually. |
| B- Total and Permanent Disability | The unpaid amount of the Debt contracted by the Insured with the Policyholder, updated annually. |
| C- Unemployment Coverage | Monthly Benefit whose amount and the number of consecutive installments of the Debt are stated in the Application/Certificate. |
