Clear answers about life, annuities and disability insurance in Puerto Rico.
SINOT is Puerto Rico's temporary non-occupational disability benefit. It pays up to $113 per week (industrial rate) for a limited time, and many workers receive less. If an illness or injury keeps you from working, that amount rarely replaces a full paycheck, which is why many people add private disability coverage to protect their income.
Term life covers you for a set period (e.g., 10 to 30 years) and is usually the most affordable way to protect your family during your working years. Permanent life (such as whole or indexed universal life) lasts your lifetime and can build cash value. The right choice depends on your budget, how long you need coverage, and your goals; we walk you through both.
An annuity is a contract with an insurance company that can grow on a tax-deferred basis and later pay you income, often for life depending on the contract. Fixed and indexed annuities are long-term products designed for retirement, with surrender charges and conditions. We explain how they fit your stage and evaluate suitability for your situation.
SINOT has limits, exclusions and a maximum number of weeks, and its weekly benefit is capped. Private disability income insurance can supplement that benefit so a longer illness or injury doesn't wipe out your finances. Whether you need it depends on your income, savings and obligations; we help you weigh it.
A general agent represents insurance carriers and helps you choose, apply for and service coverage from those companies. Adolfo Krans Associates is a general agent for life, annuities and disability, representing Lincoln Financial and AuguStar Financial. You get personalized guidance across products, at no cost to talk with us.
A common starting point is enough to replace several years of income and cover debts, final expenses and future needs like education; but the right amount is personal. We help you estimate a number based on your family, obligations and goals rather than a one-size-fits-all rule.
Yes. We're based in San Juan and serve families and business owners across Puerto Rico, in both Spanish and English.
No. A consultation and quote are free and come with no obligation. Coverage and quotes are subject to the insurer's evaluation and the policy or contract terms.
