{"id":15574,"date":"2016-06-27T13:00:41","date_gmt":"2016-06-27T11:00:41","guid":{"rendered":"https:\/\/pibgroupiberia.com\/?p=3054"},"modified":"2025-06-03T08:57:27","modified_gmt":"2025-06-03T06:57:27","slug":"what-capital-sum-should-i-subscribe-to-my-life-insurance","status":"publish","type":"post","link":"https:\/\/pibgroupiberia.com\/en\/que-capital-debo-suscribir-en-mi-seguro-de-vida\/","title":{"rendered":"What capital sum should I subscribe to my life insurance?"},"content":{"rendered":"

When it comes to taking out life insurance<\/a>, our clients put themselves in our hands in many aspects: which company to sign up with, what guarantees they need... Today we will focus on the capital they need to hire<\/strong>. We hear a lot of advice and we want to clarify which advice we think is right and which is wrong.<\/p>\n

Guarantees and contingencies covered by a life insurance policy<\/h2>\n

Life insurance, as we have already made clear on many occasions, aims to guarantee a capital sum for our family and friends, should anything happen to us (meaning the person insured in the policy).<\/p>\n

The death<\/h3>\n

This is how capital acts in the death guarantee<\/strong>, which is the main and most common life insurance cover. Immediate family members should contact the insurer to apply for compensation.<\/p>\n

Here we helped you to choose the best life insurance according to your needs, depending on how long you want to keep it, what guarantees you want to cover...<\/p>\n

Invalidity<\/h3>\n

On the other hand, the invalidity guarantee\u00a0<\/strong>provides compensation to the insured person.<\/p>\n

Why? In order to be able to meet the costs associated with this misfortune, as well as the consequent reduction in family income, precisely because of this supervening professional incapacity.<\/p>\n

There is the absolute incapacity and total incapacity, in addition to partial incapacity<\/strong>, of course (here you have the link where we explained the differences in types of disability<\/a> Social Security)<\/p>\n

\"Calculator<\/p>\n

How to calculate the sum insured<\/h2>\n

Many things have been said about the sum insured to be contracted: \u00ab.....\u00aba sum equivalent to the income of 3, 4 or even 5 or 6\u2033 should be subscribed.<\/em>. However, these suggestions do not take into consideration that there are already public widow's and orphan's pensions which should also be considered<\/strong><\/em>, We advise you not to take out more capital than is advisable. This is why we advise you to do so:<\/p>\n

    \n
  1. Calculate these public pensions<\/strong> of which we would be beneficiaries: widowhood, orphanhood, disability, ... Precisely in order to subtract them from the sum insured to be contracted.<\/li>\n
  2. See what they are our family circumstances<\/strong>Married couples with similar income or not; with young children or older children; or without children... This will tell us, depending on the \u201cburdens\u201d that each one has, the number of years that we should take into account from our income. Our understanding is that:\n
      \n
    1. If one partner takes on most of the family income, he\/she should have a higher capital life insurance than the other partner: count 5 or 6 years for the higher earner, and 3 or 4 years for the lower earner.<\/li>\n
    2. If you have two or more young children, both partners must have at least 4 years of income.<\/li>\n<\/ol>\n<\/li>\n
    3. The third step would be to simply make the calculation of this income minus pensions <\/strong>that we would receive in those computed years, will give us the amount to hire<\/li>\n<\/ol>\n

      Which insurance company is reliable in the event of a claim?<\/h2>\n

      However, it is not only taking out a life insurance policy with the right capital that is essential. As we pointed out at the beginning, it is essential to know how to choose the right company. Why? For a very simple reason:<\/p>\n

      In the event of a claim, it is important to have an insurance company you can rely on for a quick and trouble-free payout, i.e. an insurance company that can be relied on to provide you with the best possible service. solvent company<\/strong>.<\/p><\/blockquote>\n

      It would not be the first time that we have heard that an unknown life insurance company is having all kinds of problems in making payments, when it was a company that was very simple and very cheap to sign up with.<\/p>\n

      The solvency of a life insurance company is the key aspect of this, as it guarantees its financial ability to meet its obligations..<\/strong> Companies such as: AXA, Zurich, Santalucia, Reale<\/strong>... are examples of such companies.
      \nAt the same time, a first class company also guarantees a policy with fewer exclusions and surprises when it comes to covering us for any type of accident or illness that we may suffer.<\/p>\n

      We provide this life insurance advice on a daily basis. That is why our advice is to go to a professional when you want to make your own. It is not easy to calculate public pensions and that is why we are here. Contact us and we will tell you how much a life insurance policy that suits your situation will cost.<\/p>","protected":false},"excerpt":{"rendered":"

      Because each family has its own specific circumstances, we must take advice on what capital sum should be taken out in our life insurance policy.<\/p>","protected":false},"author":14,"featured_media":15575,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"categories":[16,152],"tags":[165],"class_list":["post-15574","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-particulares","category-profesionales","tag-vida"],"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\/15574","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=15574"}],"version-history":[{"count":0,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/posts\/15574\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/media\/15575"}],"wp:attachment":[{"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/media?parent=15574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/categories?post=15574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/tags?post=15574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}