PagBank launches Life Insurance campaign with cashback and more

2023-08-17 07:41:00

O Banking launched its new campaign Life insuranceformerly called Personal Insurance. In addition to the name change, customers who purchase a plan will be able to access cashback. Likewise, the digital bank promises affordable prices and no readjustment for increasing age.

This path that the institution has adopted may help to increase the number of people in Brazil who take out life insurance. According to data from Private Insurance (Susep), only 17% of the population adhered to this type of plan. Fabio Herszkowicz is Executive Director of Financial Services at the company and spoke regarding the news:

Most people don’t like to comment on life insurance. However, coverage protects financial dependents in the event of unforeseen circumstances such as illness or accidents. Life insurance helps the family to protect itself and rebalance itself financially when facing unexpected moments. In addition, life insurance is usually excellent value for money, considering the affordable price and all the benefits it offers.

The modality proposed by PagBank promises to give the user exemption from readjustments made by age or profession. Likewise, it offers advantages such as the personal guidance program and support for financial, legal and psychological issues to the institution’s clients.

It is worth mentioning that the bank’s Life Insurance covers death from any cause, as well as total or partial permanent disability due to an accident. In addition, it provides coverage for medical, dental and hospital expenses due to an accident. Finally, the company says that contractors will have access to a prize of BRL 20,000 through capitalization draws every month.

The cashback, in turn, is valid for all people who contract a plan between the days 7 e August, 31. In this sense, the money corresponds to 10% of the annual amount and is valid for Bronze, Silver or Gold plans. The procedure can be done completely online.

See too: residential insurance launched by Nubank, as well as the modality presented by PicPay that aims to protect Pix made with other banks via Open Finance.

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