If you have people who depend on you, having Life insurance is critical. No one is comfortable at the thought of his or her own death, but it is something that you have to plan for if you have loved ones who depend on you. We can source Life Insurance quotes for the best cover at the most affordable price.
Great Rates and Cover for Life Insurance in Spain
If you were to die, would you be 100% certain your family’s financial security would be preserved? Would your children be able to go to college? Could your spouse retire in comfort?
The right life Insurance policy can help you in trying times and provide you and your family with peace of mind.
Annual Renewable coverage
This type of policy provides you flexibility and can be changed as needed easier on each renewal.
10 year fixed term life cover
Knowing what your premiums are for the following 10 years allows you to make a budget. It also provides peace of mind that there will be no unexpected jumps in price.
Life Insurance for a Mortgage
Mortgage protection, as banks in Spain usualy require you to have a life plan in place to cover the loan.
Customisable to meet your needs
There a numerous optional extras you can add on the life policy. Some of the popular ones include:
Permanent disability: Up front payment for any permanent disability
Repatriation back to home country
Critical Illness: If your illness caught you off guard, it can cause financial devastation to you and your family added to the emotional stress. Critical illness insurance is designed to help you pay for debts, medical expense and other payments.
REQUEST A LIFE QUOTE
Advantages of Life cover
- Life insurance covering death by any cause Accident
- Provide financial support to your family in the event of your death
- Disability permanent or temporary
- Serious illness cover
- The policy can provide cover for your mortgage with your bank in Spain
Extremely courteous staff continue to be of service when we needed car insurance
Do I need to take a medical ?
If you are over 18 there is no need to take a medical. The only time you need a medical is if you require a high amount insured.
Is Repatriation included?
Yes repatriation is included in the event of death back to Spain. There is an option to include repatriation back to your home country by paying an extra premium.
What is required to cash a policy?
- Copy of death certificate issued by Local Municipal Authority.
- Copy of policy holder and beneficiaries photo identification.
- Current address proof.
These are the first 3 documents required to start the process.
Can I insure my partner?
Yes you can. You will be the policy holder and your partner the insured.
What happens when I reach a certain age. Is there age limit ?
Yes the age limit is 70 years old. Therefore once you reach this age the capital insured has to be lowered to a certain amount to take into account your age.
This also is on condition that you are in good health.
Can I continue my insurance in Spain if I move back to my home country?
The quick answers is yes. For example the UK has an agreement with some insurers for this eventuality.
Is life insurance worth buying?
Yes it is worth buying as any dependents may not have an income and saftey net. Any loans will still have to be paid which means the policy will help with costs. There are different types of life insurance to cater to why you need the cover, each type will depend on the length of time you need cover and if you have a loan linked to the life policy.
In the event where you need to use the life insurance policy it will be a stressful time. Having a policy in place will definitely help with the uncertainty as bank accounts will be embargoed and so access to a funds will mean bills such as a funeral costs and taxes due will be covered.
The Insurer can cover the following ailments/diseases:
Terminal IllnessParkinson’s DiseaseAlzheimer’s DiseaseHeart AttackKidney FailureStrokeCancerParalysisMajor BurnsOther medical conditions
Other types of cover that can be included within a life insurance policy
Extra cover if in Accident
Benefits of using a broker for your Life insurance
Wide Range of Insurers available
We have a list of many excellent insurance providers that we trust and have a relationship with.
Having 30 years experience in the insurance sector we are well placed to give you the best deal.
Amendments to policy
Your needs may change in future. If you require the amount insured to be increased or decreased we can process this request quickly and efficiently. Other changes may be to beneficiaries which we can carry out for you.