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Colombia

Pan-American Life de Colombia, Compañía de Seguros, S.A.

Along with Ecuador and Panama, the Republic of Colombia is part of Pan-American Life Insurance Company’s Andean Region. The company has made a great impression in the region, establishing a reputation of being trustworthy in terms of financial security.

Pan-American Life Insurance Company started operations in Colombia as an agency in 1939. A branch office was established several year later and in 1974, Pan-American de Colombia, Compañía de Seguros de Vida, S.A., was chartered.

From its beginnings, the company has been distinctive for its broad, solid record at the national level and for specializing in individual insurance. Likewise, the company is in full compliance with all the legal requirements and solvency margins set by the Financial Superintendence.

In order to ensure client satisfaction, Pan-American Life de Colombia, Compañía de Seguros, S.A., is committed to providing customized products and services created to meet clients’ needs and build their future.

The company not only operates in big cities such as Bogota, Cartagena, Medellin, Barranquilla and Cali but also has offices in medium-sized cities and towns in the service area.

Colombia has one of the highest gross domestic product (GDP) and largest labor forces in South America. Pan-American Life has been a major insurance provider in Colombia since 1939.

Juan Bustamante,
President - South America Region

Pan-American Life de Colombia
Compañía de Seguros, S.A.

Carrera 7 No.75-09
Apartado Aéreo 76000
Bogotá, Colombia
(571) 326-7400

Customer Service Line

01 8000 115092 - Outside Bogotá
326-7400 - Bogotá
CRMCColombia@panamericanlife.com

Customers' rights

Procedure (Spanish)
Regulation (Spanish)

PRODUCT SUMMARY

Universal Life Insurance

Our universal life insurance portfolio includes a flexible protection and savings plan, at a competitive price, with insurance coverage that is easy to understand.

Term Life Insurance

Our term life insurance policies have guaranteed, affordable, level annual premiums, and offer the possibility to convert to a permanent protection plan available from the company.

Products

Individual Insurance

Universal Life Insurance

VIDAFLEX 3001

This product is designed for the modern consumer who seeks to protect both family and savings. The plan offers the possibility to establish a reserve fund or cash value.

It offers long-term protection in the event of death until the policyholder’s 94th birthday. It is also a suitable option for retirement planning, education, mortgage collateral, backing of companies or other savings requirements.

VIDAFLEX PLUS

This product is designed for middle income individuals and for small businesses. This particular insurance is unique in that it has a flexible premium with a guaranteed period of no expiration for up to five years as long as the owner of the policy pays the minimum premium in the form of payment agreed.

Term Life Insurance

5-year Term Plan

This plan provides low-cost temporary protection for a 5-year term. The policy has level premiums while in effect.

10-year Term Plan
This plan provides protection for 10 years. Premiums are level during the 10-year term of the policy that is not renewable.

Group Insurance

Pan-American de Colombia offers you a full range of additional group insurance products and services created to meet the needs of your company and employees.

Life and Health Insurance

Group Hospital and Surgical Insurance

This policy covers hospital expenses for a group of employees working for the same company and their families.

Group Life Insurance
This policy provides life insurance protection for a group of employees working for the same company through a variety of coverages.

Additional Product

Economedic (Emergency Medical Assistance)

Group life insurance policy with a rider that provides limited health care expenses that may be included as a benefit for the company’s employees and their families. Suicide is covered after the first year of the policy.

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