BMI Nova

A universal life policy combines two important factors:

PROTECTION and ACCUMULATION.
• Offers flexible premiums, adjustable protection and a minimum interest rate
guaranteed.
• Provides an excellent accumulation of securities at a competitive interest rate, higher than average bank rates and • not subject to the volatility of the stock market, which allows the policy to be paid in a few years.
Allows you to increase or decrease the sum insured without the need to take out another policy.
• Provides liquidity by allowing loans and partial withdrawals on the value
rescue.
• Allows you to select the method and frequency of premium payment.
• Offers the possibility of increasing, decreasing or suspending the payment of premiums, as long as there are sufficient reserves to cover the monthly charges and cost of the insurance.
• Represents a solid asset that complements your insurance portfolio and
investment.
• The insured values, the premiums and the redemption values, if any, are expressed in dollars of the United States of America.
• All payments will be made in Colombian pesos, at the representative market rate (TRM) on the day of payment of the obligation.
• The information contained in this brochure is informative. The clauses in the conditions are those that govern the policy.

Our BMI NOVA universal life policy offers, for an additional value, the following annexes according to your protection needs:

• Family Income Annex: Guarantees the payment of the annual rent specified on the title page of the policy for the death of the insured for any reason, as long as the death occurs while the policy and the annex are in force.

Accidental Death Schedule: It guarantees the payment of the insured sum that corresponds to the annex for accidental death of the insured.

• Annex of Waiver of Monthly Charges for Total Disability: Guarantees the exemption of the monthly charges that correspond to the policy and its Annexes, including this Annex, when he receives written proof that The Insured has been totally disabled, while the policy and the annex are in force and it has lasted for at least six consecutive months.

• Temporary Insurance Annex on the Main Insured: Guarantees the payment of the insured sum that corresponds to the annex, as long as the death occurs while the policy and the annex are in force.

Conditions of the Available Annexes

Family Income Annex
Accidental Death Schedule
Annex of Waiver of Monthly Charges for Total Disability
Temporary Insurance Annex on the Principal Insured