Insurance Products

FamilyCare is a benefit especially designed for Individual Deposit Accounts Customers of Banco Popular. In case of an accident, your peace of mind and that of your family are very important. For this reason, Popular Insurance offers deposit account customers between the ages of 18 to 69 the FamilyCare Plan, a new insurance alternative.

The FamilyCare Plan offers you financial support in case of accidents which may occur anywhere in the world.

Subscribe by calling Chartis at 1-866-777-5077 from 8:00 a.m. to 8:00 p.m. At Popular Insurance we care about you and we want to protect you.


Benefits

Coverage - Family Plan

  • Reimbursement of Medical Expenses due to Accident
    Should you need medical or hospital assistance in case of an accident, with this plan you will receive a reimbursement of up to a maximum of $2,000 for expenses incurred, including hospitalization and medication.

  • Total and Permanent Disability due to Accident
    A monthly benefit for one (1) year and up to a maximum of $20,000 if you suffer a Total and Permanent Disability as a consequence of an accident covered under this policy.

  • Educational Benefit due to Accident
    In addition, it includes an Educational Benefit which guarantees a maximum payment of up to $25,000 for every dependent child and up to $3,000 for your spouse to ensure their education in case of the principal insured’s accidental death.

  • Accidental Death & Dismemberment due to Accident
    With this coverage, your beneficiaries can receive up to $100,000, if you as an insured should die or lose one or more extremities, your eyesight, speech or hearing as a consequence of a covered accident.

Within the ninety (90) days subsequent to the occurrence of the accident, payments shall be made for the following losses:

    1. Life ............................................ The Principal Amount
    2. Two or more Extremities .............. The Principal Amount
    3. One Extremity ................... Half of the Principal Amount

Coverage - Individual Plan

The individual plan only covers you as the insured. In case of a covered accident you obtain the following coverage:

1. Reimbursement of Medical Expenses due to Accident

2. Total and Permanent Disability

3. Accidental Death & Dismemberment

4. Travel Assistance

  • Travel Assistance Coverage

The plan also provides immediate and efficient assistance and support, in case of emergency or unforeseen events before and during your trip, such as:

○ Medical Emergency

○ Loss of Luggage or Passport

○ Transfer of Funds for an Emergency

○ Emergency Medical Transfers

○ Other Services

See Benefits Table

Insurance products are not deposits, are not insured by the FDIC or other Federal Government Agencies, are not guaranteed by the Bank and may lose value. FamilyCare is underwritten by the Chartis Insurance Company. Some of the exclusions are: suicide or attempted suicide or self-inflicted injury by the insured person, being in or out of their right mind; attempting or committing any crime; illnesses or infections. Accidental death and dismemberment - Losses occurred later than 365 days after the accident; injuries received onboard uncertified aircraft and which are not exclusively for transportation. Total disability - insured must be disabled from performing an occupation or employment for compensation for which he is reasonable qualified in accordance with his education, experience and training. The disability must be permanent and must have lasted for a period of 12 consecutive months. Reimbursement of medical expenses - the first expense cannot have been incurred later than 26 weeks after the accident. Educational Benefit - only applies to unmarried dependent children under the age of 23. The benefit shall be while they are full-time students. Travel assistance - The insured shall be responsible for the related expenses. Other exclusions and limitations apply, please refer to your master policy held by Chartis Insurance Company - Puerto Rico or to your Insurance Certificate.