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PAIIC- Pan-American International Insurance Corporation

Pan-American International Insurance Corporation (PAIIC), registered in the Cayman Islands , B.W.I., was chartered to satisfy the financial needs of the successful business owners and individuals of Latin America . Incorporated in the Cayman Islands in 1970, PAIIC has been providing insurance policies valued in U.S. dollars to residents of Latin American countries since 1991. The universal life and term life insurance products offered by PAIIC are also offered to U.S. citizens who have permanent residence in a Latin American country (proof of permanent residency is required.)

All PAIIC products are registered products in the Cayman Islands B.W.I. The policies are denominated in U.S. dollars. All PAIIC obligations are guaranteed by Pan-American Life Insurance Company (PALIC) which has been highly rated:

    • A.M., Best A- (Excellent)
    • Fitch, A (Stable)

Pan-American Assurance Company (PAAC) offers to foreign nationals U. S. currency-denominated universal life products that are filed with the state of Louisiana and subject to U.S. jurisdictional guidelines.

PRODUCT SUMMARY

Universal Life Insurance

Our universal life insurance portfolio includes a number of highly flexible plans, each with competitive pricing and easy-to-understand insurance coverage.

Term Life Insurance

Our term life insurance policies feature affordable, guaranteed rates and a conversion credit of up to 100 percent of premiums paid when converting to universal life. Term life insurance is available with a 20-year level premium.

Products

Individual Insurance

Universal Life Insurance

Pan-American Legacy Value
A Universal Life policy that emphasizes accumulation and combines basic coverage with savings. Coverage starts at $200,000 with a guaranteed minimum interest rate of 3.0%.
NexGen UL
A Universal Life product that offers five new features that make this product unique. This plan can be purchased up to age 90 with a maturity age of 120. Coverage starts at $200,000 with a guaranteed minimum interest rate of 3.0 %.
Pan-American Tradition Plus

A Universal Life plan that emphasizes low cost with leveled minimum premium guaranteed for 20 years. Coverage starts at $200,000 with a guaranteed minimum interest rate of 3.0%.

Term Life Insurance

20-Year

A term life insurance policy that guarantees a 20-year level premium. The minimum premium is $1,000 annual.

Please consult with your legal or tax advisor regarding the possible benefits of these products.