Compare Spanish Life Insurance Quotes in 2026
By Andrew Turner — exclusive agent in Javea since 2007 · DGS Registry C0467B54657010 · Last reviewed May 2026
This page is the price-comparison page, in English, for 2026. It puts Spanish life insurance quotes side by side. Term life against mortgage protection. Entry ages, medical thresholds and typical monthly premiums. It also covers the inheritance tax treatment and the beneficiary nomination rules. This page is about numbers, not about what each policy does. Not sure which policy you need? Start with our guide to life insurance in Spain and how each type of cover works.
Get a Free Life Insurance Quote →Answered by Turner Insurance Specialists — exclusive insurance agents in Spain since 2007, Generali since 2024, based in Javea (Alicante). Talk to a real adviser in English: 966 461 625.
Life insurance comparison: the three product families
| Product | Typical 2026 price | Cover period | Best for |
|---|---|---|---|
| Term life | €18–€60/mo | Fixed period (10–30 years) | Working-age expats with dependants |
| Mortgage protection (decreasing) | €25–€80/mo | Matches mortgage term | New Spanish mortgage |
Best life cover compared: Generali Vida vs Mapfre Vida vs Allianz vs Santalucía
| Insurer | Max entry age | English service | Medical underwriting | vs Generali price |
|---|---|---|---|---|
| Generali Vida | 69 | Yes — English claims via Turner | Medical above €200k cover | Baseline |
| Mapfre Vida | 75 | Spanish-first | Medical above €150k | Comparable |
| Allianz Vida | 70 | Yes | Medical above €250k | 10–15% higher |
| Santalucía | 80 (decesos-linked) | Spanish-only | Lighter | Variable |
What affects your Spanish life insurance premium
- Age at entry — the biggest driver. Premiums roughly double every 10 years of age.
- Sum insured — linear up to medical-underwriting thresholds, then disproportionate above.
- Smoker status — smoker premiums are typically 50–100% above non-smoker.
- Pre-existing conditions — declared on the medical questionnaire, may attract loadings or exclusions.
- Occupation — high-risk jobs (construction, fishing, offshore) attract loadings.
- Term length — longer terms mean lower monthly cost but higher total payments.
Expat life insurance in Spain: what is different for foreign residents
Expat life insurance in Spain is priced the same way for every nationality. The insurer looks at your age, your health and the sum you choose. What changes for expats is the paperwork, the language and the cross-border side. Many expats hold assets here and in their home country. That makes the beneficiary nomination the part worth getting right.
We handle expat life insurance in Spain in English from quote to claim. Your medical questions and your policy wording are explained in English. At claim time we deal with Generali in Spanish for your family. A correctly nominated Spanish policy pays the beneficiary direct. For the cross-border detail, read our cross-border expat guide to life insurance in Spain.
Expat life insurance Spain: cost, entry age and medicals
Term life starts from €18 a month with Generali Vida. Cover can be taken up to age 69. Whether term is even the right shape — against whole-of-life or decesos — is weighed in our term vs whole-of-life guide. A medical examination is only asked for above €200,000 of cover. Below that an honest health questionnaire is enough. See exactly what the Generali Vida life insurance cover includes before you compare quotes.
Inheritance tax and beneficiary rules
Spanish life insurance payouts to nominated beneficiaries are taxed under inheritance tax (ISD), not income tax. Each region has different ISD rules; Valencia inheritance tax currently allows a 99% reduction for children, spouses and parents of the deceased. The beneficiary nomination is the most important paperwork on any Spanish life policy. Failing to nominate, or nominating "estate", forces the payout through Spanish probate — adding 6–18 months delay and full inheritance tax to the bill.
How to get a like-for-like life insurance quote in Spain
- Decide the product type — term life or mortgage protection.
- Decide the sum insured — usually 5–10x annual income for term life, or matching the mortgage balance.
- Complete the medical questionnaire — honest declarations are essential; non-disclosure voids cover.
Comparing prices only works once you have picked the product type. Not settled on that yet? Read our full guide to life insurance in Spain and every type of cover. It explains each policy in plain English. Then come back here and compare the numbers.
Call Turner Insurance on 966 461 625 for a Generali Vida quote in 15–30 minutes.
Frequently asked questions: comparing life insurance in Spain
Still weighing it up? Our guide to insurance in Spain for expats explains how the Spanish market actually works before you choose, and the Spanish insurance glossary decodes the wording used in every quote.
Sources & references
- Ley 50/1980 de Contrato de Seguro
- Dirección General de Seguros (DGSFP)
- Agencia Tributaria (AEAT) — inheritance tax (ISD).
- UNESPA — Spanish life insurance market data.
Related guides & insurance products
- Life insurance in Spain — every type of cover explained
- The in-depth expat guide to buying life cover in Spain
- Mortgage Protection Insurance Spain
- Funeral Insurance (Decesos)
- Inheritance Tax Valencia
- Inheritance Tax All Regions
Get a free Spanish life insurance quote in English
Term life or mortgage protection — with beneficiary nomination handled correctly. Generali Vida from our Javea office.
Compare other Spanish insurance products
- Compare Funeral Insurance Spain
- Compare Car Insurance Spain
- Compare Home Insurance Spain
- Compare Pet Insurance Spain
- Compare Health Insurance Spain
This guide is general information, not personalised insurance, tax or legal advice. Inheritance tax rules vary by region and by relationship. For current pricing and tax position contact Turner Insurance and a qualified Spanish tax adviser.