What is life insurance in Spain? It is a contract with an insurance company to provide beneficiaries of the insured party with a lump-sum payment known as a death benefit. With a life insurance policy in Spain, you can protect your assets and make sure your next of kin is not left with incurring debt.
Life insurance can be a confusing subject for some, so we aim to try and explain what life insurance in Spain is, how theses policies can cover you and protect your assets and inheritance. Turner insurance are the life insurance specialists for long term life insurance.
Life insurance here is similar to the UK, an insurance policy on your life. In the event the unforeseen happens, the policy will pay out to your next of kin. This agreed amount for life insurance cover or life assurance cover, can serve to cover a loss of income for your spouse, to clear loans or debts, cover inheritance costs or just to make life easy for the beneficiary if something happened.
We can also offer to include a double or even the capital insured in the event of death by accident, death by road traffic accident, permanent invalidity for accidents or road traffic accidents.
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