Rico offers life insurance for R$10 through the app

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As a Rico customer and member of the Primo Rico group, you now have the option to secure life insurance for R$10. Learn more!

If you have registered with Rico, the Primo Rico group's platform, you can now purchase life insurance for R$10. With the evolution of this investment platform, customers can now access various types of services through the app. This progress and diversification signal a new chapter for the group, which has seen steady expansion in its portfolio.

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Now, thanks to this diversification of services, you, as a customer, can apply for a credit card, insurance, and other services in a simplified way. Stay with us to discover more about the life insurance options available.

Explore the insurance options in the app

According to XP experts, getting life insurance is a crucial component of any investment plan. After all, we are all subject to unforeseen events that can put us or our dependents in challenging situations.

With this in mind, Rico chose to make this product available in two distinct ways. One of them, in a simplified format, includes several coverages and you can purchase it directly through the app.

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The other life insurance option requires a meeting with your advisor so that, in this way, they can plan and customize the program according to each specific situation, providing all the necessary benefits and security.

Life insurance price and its applicability

Pedro Henrique Canellas, Rico's investment director, revealed that the coverages adapt to each client's needs and the monthly premium starts at R$10.63. “This is another self-service product that expands the portfolio of Rico's digital account,” he stated.

Thus, the new service offers a simple and intuitive entry point, with term or whole life coverages, allowing the client to adjust the life insurance according to their needs.

In summary, the products provide users and policyholders with coverages ranging from R$ 100 thousand to R$ 300 thousand, depending on the contract.




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