- Life Insurance
Pan-American is an international financial services company
that has grown steadily in size, reserves, and reputation
since it was founded in 1911.
Pan-American is licensed in 42 states and the District of
Columbia (DC), as well as Puerto Rico and the Virgin Islands.
Its international operations include affiliates in Panama,
Guatemala and Colombia, and branch offices in Ecuador, El
Salvador and Honduras.
Providing employers with financial solutions for their employees
Helping individuals secure financial futures
Delivering "peace of mind"
is a strong, solid, and profitable company. With its high
ratio of surplus to assets and sound diversification of assets,
Pan-American is financially stronger now than at any other
time in its 88-year history
$2.2 billion in assets
$243 million surplus (net worth)
ratio of surplus to assets is 11 percent, which is more than
four times the minimum surplus level defined by National Association
of Insurance Commissioners.
Pan-American know that history isn't enough. That is why they
are committed to merging this history with a new vision for
the future. They have moved from a financial services company
to a personal and financial performance company - a company
that understands that they must keep their word so you can
keep yours. Every day. With every interaction. Their job doesn't
stop with excellent financial performance.
Pan-American Life Insurance Products
American term policies feature affordable, guaranteed rates
and a conversion credit of up to 100% of premiums paid when
switching to universal or whole life. Term polices are available
in three product classes: 10-year level term, 20-year level
term, and 20-year level term with a 10-year guarantee.
The Insure4u Universal Life portfolio:
American Universal Life Portfolio includes seven unique plans,
each with competitive pricing, easy-to-understand coverage
and tax-deferred cash accumulation. There are no medical requirements
for policies of $100,000 or less up to age 50, and five competitive
underwriting classes that reward healthy lifestyles.
to Advisor Today journal, Pan-American's actual historical
performance among leading universal life policies was ranked
#1 in ten-year values.
Pan American also offer unique policy provisions that could
provide tax-free distributions during retirement: extended
coverage beyond age 100 that ensures that the policy matures
as a death benefit; fully paid-up, reduced coverage which
avoids taxes that may be triggered upon lapse; and wash loans
which allow for higher non-taxed income flow. Additional Features:
The Professional Plan -- combining Universal Life & Disability
Insurance and creating a 10-pay plan with tax-free retirement
Deductible Salary Continuation -- providing non-qualified
salary continuation with tax deduction.
Reverse Split Dollar -- moving retained earnings out
of "C" Corp with no additional tax liability.
1035 Loan Rescue -- eliminating policy loans with no
adverse tax consequences.
Social Security income replacement
Insure4u Disability Insurance Portfolio:
Pan-American Disability Insurance Portfolio provides coverage
in the event of a total or partial disability, replacing lost
income or covering business overhead expenses. The coverage
can guarantee future premium payments and has a simple definition
offers a unique Return of Premium rider which can return up
to 80% of paid premiums if no claims are made over a ten-year
period. This return can be taken in cash or applied to continuing