Insurance is a way in which people or companies transfer the risks of expenses, losses or contingencies to other people, in exchange for money, in this case the Insurance companies of Mexico.
Below we offer a very general list and description of the types of protections that can be obtained when purchasing insurance in Mexico. Seguros México offers below a brief description of the most common insurances that you will find in insurers in Mexico.
Life insurances
Life insurance is a contract between the policy owner and the insurer, in which the insurer agrees to pay a designated beneficiary a sum of money upon the death of the insured or in the event of a terminal illness or critical illness. In exchange, the policy owner agrees to pay a stipulated amount, at regular intervals. In the United States, the most common form simply specifies a specific amount to be paid upon the death of the insured.
As with most insurance policies, life insurance is a contract between the insurer and the policy owner under which a benefit is paid to designated beneficiaries if a covered insured event occurs. for the policy.
Life insurance does not provide any direct benefit to the insured, but rather gives peace of mind, considering that your death will not financially affect your loved ones.