Pan-American Life Insurance Company of the Eastern Caribbean- Dominica
Pan-American Life acquired the Alico/Algico business in The Caribbean in 2012, a strategic decision to accelerate the company’s growth in the Region. Pan-American Life’s dedicated focus on the life and health business since 1911, and the company’s portfolio of customized products and services, complements the market demands in the Caribbean. Pan-American Life welcomes the opportunity to deliver trusted financial security to individuals, families and businesses in Dominica.
LIFE INSURANCE PRODUCTS
In times of need, the Ordinary Life Insurance is available to provide you with a Cash Loan at an Interest Rate determined by the company. In the event of death, your beneficiary will receive the sum assured plus the value of the accumulated dividends at the time of death.
Provides basic cash accumulation in saving without payment dividends for individuals age 18 to 70.
Security Cash Plus
Security Cash Plus offers protection for your family’s future for unforeseen situations. This plan provides for education, maintenance of household expenses, and the financial commitment to plan for retirement.
Juvenile Security Cash Plus
This plan provides maximum savings and protection for your child until an optional cash payout at age 21, however, if this amount is not withdrawn, the accumulation will be increased correspondingly until age 65.
PERSONAL ACCIDENT INSURANCE PRODUCTS
Circles of Protection
Protect yourself against sudden loss of income due to accident, loss, or illness.
Cancer Care Plus insurance plans help manage the financial impact of cancer to allow individuals to receive the best treatments possible.
An insurance policy to help with emergency cash, hospital stays, hospital expenses, and x-ray, cobalt, and chemotherapy treatments.
Cancer Care Plus
Additional to Cancer Care, provides term life insurance in the event of the death of an insured by any cause while the policy is in force.
Be covered 24 hours a day, 365 days a year, on and off the job against accidental loss of life, loss of limbs, and reimbursement for medical expenses related to a covered accident.
A comprehensive plan offering accident and sickness medical expense reimbursement, medical evacuation, accidental death and dismemberment of remains, and emergency family travel to ensure you and your family enjoy your time away worry free.
We are a provider of innovative Group Benefit solutions, and with our diverse product portfolio and decades of experience, we can customize group life, group medical or pension packages that will suit your needs - whether you are a small business, a medium sized company or a large corporation. We aim to provide comprehensive cover and an efficient claim servicing that will be of value when your employees need it the most.
A Group Pension program provides an opportunity for employees to accumulate savings and invest for the purpose of receiving an income upon retirement. In the program, a small percentage of the employee's salary is deducted each month and matched by the company to provide a Retirement Benefit.