Project Description
LIFE INSURANCE
Life insurance
a private life insurance secures the existence of your family
Life insurance policies are still being completed in Majorca or Spain, because because for consumers, the topic of retirement provision is one of the most pressing issues of our time.
Despite the low interest rates, life insurance policies are still being completed because the topic of retirement provision is one of the most important issues for consumers today.
A life insurance is a form of insurance that secures very specific life risks.
- Capital investment for old age or emergencies
- Capital cushion for the bereaved
- Security for mortgages
Life insurance covers an individual. It provides financial security to the holder’s family in case of the holder’s demise or benefits the insured after capital has been accumulated. In each case, the insurer makes a cash payment.
Life insurances guarantee benefits to be paid in the event of the insured’s death or which accumulate and add to the pension. The latter is the most common type of life insurance policy.
The life insurance plan can also protect the insured against occupational disability or other factors which may impair the policy holder’s ability to generate income.
- Building up capital for old age or rainy days
- Securing the kid’s education, etc.
- Securing mortgages or other investments.
A pension scheme is normally intended to produce an additional pension which is paid out on a monthly payment or as a lump sum payment. Life insurance, on the contrary, is intended to reduce financial hardships following a death. Ask for a detailed consultation before signing a life insurance to ensure you receive what you really require.
Risk life insurance
- Premium stability and favourable premiums from 34 Euro monthly
- uncomplicated contract handling
- Payment of a guaranteed sum in the event of death
- Financial protection of your family and / or mortgage protection
Repatriation and funeral expenses
- Low contribution rate
- Up to 10.000 Euro for funeral expenses
- Optional cover for the cost of repatriating the deceased person to the country of origin
Additional Covers
- Payment in case of serious illness