Network Partner Profile
- Founded in 1939.
- Second largest Colombian insurance company offering life and non-life insurance.
- Leading group life insurer with a market share of 16.8% in 2009.
- Total premium income amounted to COP 1,266 million in 2009.
- 27 branches and 25 agencies with 3,100 agents meet insurance needs in 22 cities throughout Colombia.
- Operations in Ecuador and Venezuela.
- National Award for Excellence and Innovation in management 2010.
- Rating in 2010: AAA (stable) by Fitch.
- ISO certified with the following standards: ISO 14001:2004 and ISO 9001:2008.
- Member of the Swiss Life Network since 1989.
Special Advantages
- For both individual and group life insurance, a participation fund savings account is available, which offers an interest yield based on the capital markets.
- Local experience rating is granted where a minimum of 500 lives are involved.
- Premiums are normally due annually in advance, but monthly, quarterly and semi-annual payment options are available.
- A group life product is available to protect the sum insured from the effects of devaluation and inflation.
- Attractive assistance package.
- Tailor-made benefits with different insured amounts and coverage for medical solutions
Coverages and Products
Types of Benefit - Coverage available and poolable:
- Group Life
- Total & Permanent Disability (lump sum - rider)
- Accidental Death & Dismemberment (rider)
- Critical Illness (rider)
- Medical
Financial Products available:
- Deposit Administration
