{"id":14535,"date":"2019-04-02T13:00:23","date_gmt":"2019-04-02T11:00:23","guid":{"rendered":"https:\/\/pibgroupiberia.com\/?p=29224"},"modified":"2025-07-21T11:53:50","modified_gmt":"2025-07-21T09:53:50","slug":"5-tips-on-how-to-choose-your-funeral-insurance-policy","status":"publish","type":"post","link":"https:\/\/pibgroupiberia.com\/en\/blog\/5-consejos-para-saber-elegir-tu-seguros-de-decesos\/","title":{"rendered":"5 tips on how to choose your funeral insurance policy"},"content":{"rendered":"

Always it is difficult to choose insurance<\/strong>, We may not know what differentiates one from the other. Today we will try to help by giving you some tips on how to make the right choice of our death insurance<\/a>.<\/p>\n

The type of premium in funeral insurance<\/h2>\n

One of the peculiarities of this policy is that the we are going to maintain for a very long time<\/strong>. Therefore, we should be concerned not only about what we pay now, but what it will cost us in the future.<\/p>\n

Of the types of funeral insurance<\/a>\u00a0we spoke at length in the most visited article on our website.
\nThere we explained the differences between:<\/p>\n

    \n
  1. Natural premium:<\/strong> annually increases in price due to age and the sum insured.<\/li>\n
  2. Mixed premium:<\/strong> similar to the natural one, but at about retirement age, it evens out.<\/li>\n
  3. Level premium:<\/strong> increases the price only by the service value.<\/li>\n<\/ol>\n

    Contrasting capital appreciation and bonuses<\/h2>\n

    The revaluation of the insured service capital is important, as is the evolution of the premiums paid.<\/p>\n

    The service capital<\/strong> is the cost limit that the insurance company will assume to pay for the funeral service. It may vary between insurers, but should in principle be sufficient to cover all the services offered.<\/p>\n

    How do they vary premiums<\/a>, The fact that companies in their projects must show that evolution over the years<\/strong>.<\/p>\n

    Experience of the insurance company in the sector<\/h2>\n

    More and more insurance companies are offering death insurance policies. However, in this insurance, experience is important.<\/p>\n

    As it is a service policy, we recommend that you take out the funeral insurance with an experienced company<\/strong>.<\/p><\/blockquote>\n

    The only exception to this: that a main reason for taking out the policy is the guarantees and services that accompany the policy, as we will now see.<\/p>\n

    Complementary funeral insurance cover<\/h2>\n

    Increasingly widespread are the guarantees that accompany the main funeral service guarantee.<\/p>\n

    As a way of adding value, insurers are seeking to \u201cbundling\u201d the funeral insurance of services and guarantees to be enjoyed in life<\/strong>:<\/p>\n