Life insurance

Futurseguros. > Life insurance

Asegura tu vida con nosotros.

Why take out life insurance?

Well, because life is the most important thing…

Life insurance insures a capital sum after the death of the insured. This capital can cover future expenses such as mortgage repayments, loan repayments and loss of income due to death. When we take out a life insurance policy, we designate one or more beneficiaries to whom the sum insured will be paid.

For families with only one source of income or when the costs of a possible death cannot be met, life insurance makes even more sense.

Our life insurance policies offer peace of mind in the knowledge that your loved ones will be protected after you are gone. While nothing can cover the loss of a life, at least you can rest assured that your loved ones will be covered with the necessary capital because you had foresight. And all this, always at the best price and with the necessary coverage.

What does life insurance cover?

In addition, our life insurance policies can cover other risks, such as death in traffic accidents with an extra capital sum, disability or permanent and absolute disability, severe disability, etc. Because there are cases in which an accident can wipe out our family finances. Protect the most important thing: your life and that of your loved ones.

What is the disability insurance cover?

This is a complementary and voluntary guarantee of the life insurance, although it is usually included in many cases.

An indemnity that is added to the contracted amount for death in those cases in which the person, due to an accident or similar, is affected by an Absolute and Permanent Disability.

But, what is an absolute and permanent disability? It is an irreversible physical situation caused by accident or illness, which is not the will of the insured person, determining the total inability of the latter to maintain any permanent work relationship or professional activity (it does not allow work).

familia padres e hijo pequeño con jugando ordenador portátil

Shall we talk about your insurance?

WE CALL YOU

CONTACT

 

Preguntas frecuentes

The cost of a life insurance policy depends on your age, your state of health, the capital you wish to insure and the optional covers you choose. It is therefore difficult to determine the price of life insurance without at least knowing the age of the insured and the sum insured. Gender can also influence the price, with women generally being slightly cheaper.

At Futurseguros, we understand that each client has different needs and deserves a tailor-made insurance policy. That is why, rather than offering a generic insurance comparator, we focus on providing personalised insurance solutions that fit the individual needs of each client.

 

No, it is not compulsory to take out life insurance with your mortgage or personal loans. Although banks usually offer discounts on the price for taking out life insurance with them, these insurances can be more expensive in many cases. At Futurseguros, we recommend that you compare the discount offered by the bank with the price that the same life insurance has outside the bank. This way, you will be able to determine if it is really worth taking it out. This same recommendation is valid for home insurance. A very common practice is life insurance linked to the mortgage or loan. In this case, if the insured dies, the capital of the insurance is used to cancel the financing. However, it is important to remember that you have the right to choose the insurance that best suits your needs and budget.
Yes, you can have several life insurances, there is no limitation to this, and within each one you can have one or more different beneficiaries in each life insurance.
Determining the best life insurance for you is a very personal decision. However, we can offer some suggestions based on our experience: One strategy for calculating the capital needed is to consider your shared debts. You could take out a life insurance policy with a capital sum equal to half of your debts plus 15%-20%. This way, if the insured dies, the other person will still have the same level of debt and some liquidity to cover death costs, taxes and contingencies. Another way to calculate the necessary capital is to multiply the amount of money that would stop coming into the household (the deceased’s salary) for 5 years and subtract the amount of the pensions (widow’s or orphan’s). To this, add 10% of the family debt to cover unforeseen events. Remember, the choice of life insurance should be based on your personal needs and circumstances. It is important that you take the time to consider all the options and make the decision that best suits you.
Although these three products may seem similar, they are actually quite different. Here we explain as simply as possible how they differ. Life insurance is a death benefit. If the insured dies, the beneficiary or the legal heirs are compensated if the beneficiary has also died. Funeral insurance, on the other hand, is a service that takes care of everything related to the death: payment of the burial, paperwork, formalities, etc. Accident insurance, in its most basic form, is a life insurance policy that only covers death by accident, not by natural causes. If watching an explanatory video makes it clearer, you can watch it here.
At Futurseguros we advise you to seek professional tax advice before making any important decisions, however, we can provide you with some basic notions about the taxation of life insurance. Life insurance policies are taxed by the tax authorities when they are cashed in. Beneficiaries or legal heirs must pay tax through Inheritance and Gift Tax. The amount to be paid depends on several factors: children, parents and spouses have the maximum reduction applied (i.e. they have a very reduced tax rate), as well as people with disabilities between 33% and 65%. As for the tax relief on life insurance, 15% of life insurance linked to a mortgage can be tax deducted, provided that the mortgage was signed before 2013, with a limit of 9,040 euros of annual tax relief between mortgage and linked insurance.

    Te llamamos






    El responsable del fichero,RESPONSABLE, usará esta información para responder a las solicitudes de contacto. Los datos enviados se guardarán en un Hosting dentro de la UE. Puedes acceder,rectificar o suprimir los mismos si lo deseas.