Life Insurance San Fulgencio

Yes. Generali life policies allow you to name any individual as beneficiary regardless of their country of residence or nationality. The policy pays directly to that person outside the Spanish estate, avoiding the delays and costs associated with Spanish inheritance proceedings. We recommend keeping your beneficiary nominations up to date after major life events.

Term life runs for a fixed period (e.g. 20 years) and pays out only if you die within that term. It is well suited to mortgage protection. Decreasing-term cover reduces in line with your mortgage balance and is the most economical option for mortgage protection. Level term keeps the payout constant throughout the term and suits family protection.

Generali term life accepts new applicants up to age 69, subject to a health declaration. The premium reflects age and health status. If you are above the entry-age limit for term life, funeral insurance (seguro de decesos) asks no medical questions, although its standard entry limit is also age 69 (older applicants only by specific agreement with Generali), and is usually the appropriate option. We assess your options and recommend accordingly.