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How does life insurance work?
How does life insurance work?
Updated over 2 years ago

Each Betterflyer has a base coverage that goes according to the plan purchased by your employer. In addition, you can increase it at no cost thanks to the usual practice of healthy habits registered by the app such as walking, training, meditation, drinking water, among others.

Life insurance coverage covers 3 causes:
- Natural death
- Accidental death
- Accidental disability

It's important that you add your beneficiary(s) so that they can access the benefit if they need it. If you add a minor, you must bear in mind that their legal representative is who'll be able to access the benefit. To do this, follow these steps:

  • Open the Betterfly app and go to “Start

  • Select the menu in the upper left corner and press "Profile"

  • Scroll down the screen until you find the "Your coverage" section and press the "Go to financial protection" button

  • Fill out the form from the "Add beneficiaries" button

Keen in mind that the beneficiary addition process takes from 14 to 20 business days.

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