Pragmus provides life insurance and retirement savings solutions that offer lifelong protection and wealth accumulation. Their products, including customizable life insurance and savings plans in stable currencies, help individuals secure their family's future and achieve financial independence.
Funding
Funding not disclosed
Founders
Product
Problem
Individuals face financial and emotional disruption from unexpected health events or life circumstances, impacting their ability to maintain their lifestyle and secure their family's future. Traditional insurance products often lack flexibility and long-term savings components, failing to adequately address future financial security and retirement planning needs.
Solution
Pragmus offers a suite of insurance solutions designed to provide tangible financial benefits beyond traditional risk mitigation. Their life insurance products, such as the vitalicia policy, offer lifelong protection with flexible payment terms and customizable coverage to preserve family assets. Additionally, Pragmus provides retirement-focused insurance instruments that function as savings vehicles, allowing individuals to accumulate wealth in stable currencies like UDIS or US Dollars. These products aim to ensure financial independence during retirement and support long-term goals such as education funding for children.
Target Audience
The primary target audience includes individuals seeking comprehensive life insurance, long-term savings vehicles for retirement, and financial planning tools to protect their families and achieve future financial security.
Features
- Vitalicia life insurance with lifelong coverage and customizable payment terms.
- Retirement savings plans denominated in UDIS or US Dollars.
- Integrated medical assistance benefits within retirement products.
- Flexible payout options for retirement funds.
- Family protection and education funding solutions.
- Partnership with SMNYL for financial backing and product underwriting.