{"id":13440,"date":"2024-01-28T10:01:39","date_gmt":"2024-01-28T09:01:39","guid":{"rendered":"https:\/\/pibgroupiberia.com\/?p=39788"},"modified":"2025-09-11T14:33:33","modified_gmt":"2025-09-11T12:33:33","slug":"life-insurance-for-total-permanent-professional-incapacity","status":"publish","type":"post","link":"https:\/\/pibgroupiberia.com\/en\/seguro-vida-incapacidad-permanente-absoluta-profesional\/","title":{"rendered":"Life and disability insurance: What you need to know"},"content":{"rendered":"<p style=\"text-align: left;\">Taking out a life insurance policy gives the insured the peace of mind that their loved ones will have a safe and secure life. <strong>financial support at the time of death<\/strong>. In other words, upon death, the heirs or the persons stipulated by the contracting party receive the corresponding amount.<\/p>\n<p style=\"text-align: left;\">In addition to death, many life insurance policies provide for the insured to be able to <strong>receive such compensation in the event of disability or incapacity<\/strong>. It is precisely on this point that we are going to focus in this article: What degree of disability is recognised in each life insurance policy? Can I choose it?<\/p>\n<h2>Disability in life insurance<\/h2>\n<p>More and more people are taking out such a policy to help them cope with the costs of total or absolute permanent disability.<\/p>\n<p>Social Security recognises permanent incapacity when the person has serious anatomical or functional reductions, foreseeably definitive, which diminish or annul his or her capacity to work.<\/p>\n<p>In other words, it is possible to obtain compensation from the life insurance in the event of an accident or illness that will no longer allow you to live:<\/p>\n<ul>\n<li>Work in your usual occupation (total incapacity for your usual occupation).<\/li>\n<li>Work in any profession or trade (absolute permanent incapacity).<\/li>\n<\/ul>\n<p><strong>And this is where the \u201csmall print\u201d comes in: when we take out a life insurance policy, we usually have ABSOLUTE disability cover. <\/strong>What does this mean? If you suffer an illness or accident, you will only receive compensation if you are no longer able to work at all. In other words, if you have to retire from the world of work.<\/p>\n<h2>Taking out a life insurance policy: Professional or absolute disability?<\/h2>\n<p>What is the problem? Insurance indemnities are based on the <a href=\"https:\/\/pibgroupiberia.com\/en\/blog\/what-types-of-incapacity-for-work-exist\/\">incapacities stipulated by the National Social Security Institute (INSS).<\/a>, linked to a pension. At the moment, the agency is recognising more professional incapacities (you can do other jobs) than absolute incapacities (you can no longer work at all).<\/p>\n<p>Faced with this situation, it is important to study the disability cover in our life insurance policy carefully. Would absolute cover be sufficient or is it better to extend it to professional cover?<\/p>\n<p>This is precisely what we do at <a href=\"https:\/\/pibgroupiberia.com\/en\/\">PIB Group Iberia<\/a>We will advise you and put on the table all the conditions of each one of the insurance policies so that you can take out the policy that best suits your needs. Here you can find out more about our <a href=\"https:\/\/pibgroupiberia.com\/en\/individuals\/insurance-solutions-for-individuals\/risk-life-insurance\/\">LIFE INSURANCE<\/a> and get in touch with our team, who will inform you of the possibilities that exist with this insurance which, as we have seen, can also cover disability.<\/p>\n<h2><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-39789 size-full\" src=\"https:\/\/pibgroupiberia.com\/wp-content\/uploads\/2020\/12\/incapacidad-profesional.png\" alt=\"life and disability insurance\" width=\"500\" height=\"350\" \/><\/h2>\n<h2>Types of incapacity to take into account when taking out insurance<\/h2>\n<p>Now that we know that it is necessary to read the conditions of life insurance very carefully before taking it out, let's take a closer look at the degrees or degrees or degrees or degrees or degrees or degrees or degrees or degrees or degrees or degrees or degrees or degrees or degrees or degrees or degrees or degrees or degrees. <a href=\"https:\/\/pibgroupiberia.com\/en\/blog\/what-types-of-incapacity-for-work-exist\/\">types of disability<\/a> The insurance policy is based on the following conditions: - permanent disability as a result of an accident or illness that are of interest to us when taking out the insurance policy:<\/p>\n<h3>Total permanent disability<\/h3>\n<p><strong>It disqualifies the worker from his or her usual occupation, but he or she may engage in another occupation.<\/strong> After an accident or due to illness, the person can no longer work in his or her occupation, but can work in other sectors.<\/p>\n<p>For example, a doctor who has been granted total permanent disability can work as a teacher.<\/p>\n<p>In such a situation, the insured person would only receive the life insurance if total permanent incapacity (also called professional incapacity) is provided for. If, as is the default case in many life insurance policies, cover for total permanent incapacity is taken out, in this case nothing would be paid out.<\/p>\n<h3>Absolute permanent incapacity<\/h3>\n<p>Recognition of absolute permanent incapacity <strong>disqualifies the worker from any profession or occupation<\/strong>. The person is unable to return to work, so life insurance cover can be an important help in coping with this new situation.<\/p>\n<h2>Which degree of disability should I choose for my insurance?<\/h2>\n<p>As you can see, to answer this question it is necessary to have all the information and, above all, to study the conditions of the cover. You choose the extent to which you want to be protected, as you can cover only death or extend it to permanent disability (and, in this case, to professional or absolute disability).<\/p>\n<p><strong>Coverage for total permanent (or occupational) disability is an insurance solution that we are already offering at PIB Group Iberia.<\/strong> and in which professionals such as doctors, lawyers, architects... and many other workers who prefer to cover this risk are increasingly interested. Whichever modality you choose, we will make sure that your policy not only fits your budget, but also that you are clear about the guarantees of one or the other.<\/p>\n<p><strong>Can we help you with your life insurance?<\/strong> <a href=\"https:\/\/pibgroupiberia.com\/en\/individuals\/insurance-solutions-for-individuals\/risk-life-insurance\/\">Contact our team<\/a> and we will be delighted to help you.<\/p>","protected":false},"excerpt":{"rendered":"<p>When taking out a life insurance policy with disability cover, you need to be very clear about certain issues. Find out more in the following article.<\/p>","protected":false},"author":14,"featured_media":13441,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"yasr_overall_rating":4.6,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"CreativeWorkSeries","footnotes":""},"categories":[16,152],"tags":[173,174],"class_list":["post-13440","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-particulares","category-profesionales","tag-seguro-medico","tag-seguro-salud"],"yasr_visitor_votes":{"stars_attributes":{"read_only":false,"span_bottom":false},"number_of_votes":0,"sum_votes":0},"_links":{"self":[{"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/posts\/13440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/comments?post=13440"}],"version-history":[{"count":0,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/posts\/13440\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/media\/13441"}],"wp:attachment":[{"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/media?parent=13440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/categories?post=13440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/tags?post=13440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}