Safeguarding Your Today for a Secure Tomorrow
Life Insurance
Supports the safety of the ones you love the most
At Piloto Insurance, we understand that life is full of uncertainty, but also of love and responsibility. Our commitment is to provide you with the tools you need to ensure that your loved ones are protected, no matter what the future holds.
With years of experience and a team of dedicated experts, we are here to guide you through the process of selecting and purchasing a life insurance policy that suits you and your family’s needs.
Financial Protection
In the event of the policyholder's death, beneficiaries will receive a death payment that will help them cover funeral expenses, outstanding debts and maintain their quality of life.
Family Support
Life insurance ensures that your family is financially protected. Death proceeds can be used to replace lost livelihood if you were the primary breadwinner.
Estate Planning
You can use a life insurance policy to plan your estate. This includes the possibility of leaving a financial legacy for your loved ones or donating to charities you care about.
Access to Cash on Life
Some types of life policies allow for cash withdrawals during your lifetime, giving you the financial flexibility to meet unexpected expenses or meet your financial goals.
Tax Benefits
Death benefits are generally not subject to federal income tax, which means your beneficiaries will receive the full amount of the policy.
Peace of Mind
Life insurance gives you peace of mind knowing that your family will be protected during difficult times and that you have taken steps to secure their future.
Basic Requirements
- You must be at least 18 years old to apply for a life policy, and most insurers set a maximum age, usually around 85.
- Applicants must undergo a health assessment, which may include medical exams and questionnaires about your medical history and lifestyle. This will help determine your risk and policy premium.
- Insurers usually differentiate between smokers and non-smokers, with lower premiums for non-smokers.
- You should choose the amount of coverage desired, based on your financial needs, such as funeral expenses, outstanding debts, family income and legacy goals.
- You should designate the people who will receive the death benefits in the event of the unexpected. They can be spouses, children or other loved ones.
- Life policies require regular premium payments to maintain active coverage. Premiums vary by company, age, health and amount of coverage.
- Most policies have a clause that limits or excludes payment in the event of suicide within a specified period of time from policy issuance.
