Life insurance in Zaragoza

In many cases! For example:

• If you have children: It is crucial to have life insurance to guarantee their financial well-being in the event of your death.
• If you are single or divorced: In case of disability, no one would be able to take care of you and your expenses would increase.
• If you have a large estate: A life insurance policy will help you to face the Inheritance Tax, since this requires a large amount of liquidity.
• If you have a mortgage: Life insurance can prevent you from leaving your loved ones in debt. Don’t just accept the bank’s offer: comparing options could result in a significant improvement.
• If you are self-employed: Social Security benefits are usually much lower than the standard of living you are used to, so life insurance can be essential.

The widow’s or widower’s pension only covers 52% of the Social Security contribution base, and the orphan’s pension only 20% for each child. When losing a salary in the family and considering the grief that this loss entails, life insurance can be a necessary complement to maintain financial stability.

There are several types of life insurance, and when choosing one, you can adjust the guarantees according to your needs:

• Death Life Insurance: Covers only death.
• Death and disability life insurance: Includes coverage in case of death or disability.
• Professional disability insurance: Protects against disability that affects your ability to work.
• Life insurance with accident clauses: Some policies double or triple the sum insured if death or disability results from an accident or motor vehicle accident.

It is important to assess your particular situation in order to choose the option that best suits your needs, something that PIB Group Iberia can do for you as insurance brokers.

It is insurance linked to a mortgage loan. There are two main types:

• With variable capital: The insured capital decreases as the loan balance decreases.
• With fixed capital: The insured capital remains constant, and if the loan balance decreases, the difference goes to your family members.

This type of insurance can be contracted through the bank or an external company, where you may find more favorable conditions. PIB Group Iberia analyzes the products of different insurance companies to find the most favorable coverage for your specific case.

Generally, insurance companies require you to answer a short questionnaire to make sure that you do not have any serious pre-existing conditions. In case any pathology is mentioned in the questionnaire, we can help you negotiate special conditions to avoid exclusion of coverage for that condition.