PAACII - Pan-American Assurance Company International, Inc.
Founded in 2009, Pan-American Assurance Company International Inc. (PAACII) is a Cayman Islands insurance subsidiary of Pan-American Assurance Company (PAAC). PAACII policies are issued and delivered through the Cayman Islands. PAAC is a member of Pan-American Life Insurance Group (PALIG).
The company is the first Cayman Islands Company to offer international life insurance plans in the state of Florida.
As an international company, PAACII offers high net worth individuals and business owners the opportunity to preserve, grow, and transfer wealth to future generations using products that are not subject to the tax restrictions of the United States Internal Revenue Code. Policy owners benefit from policy values denominated in U.S. dollars, and distributions are not subject to U.S. tax withholdings on gains in the policy.
Additionally, all obligations of the issuing company (PAACII) are guaranteed by the Pan-American Life Insurance Group.