The best term and whole life insurance policy quotes
We provide affordable expat life insurance quote that adapts to the different stages of the life. Cheap rates for permanent life insurance policy and term plan with top national and international life insurance companies.
Peace of mind
Life assurance coverage safeguard your and/or your family’s well-being in case of any unforeseen event. It provides financial protection for various purposes, including covering debt and mortgages, replacing lost income, covering childcare and education expenses, and handling final expenses.
Additional services
Online will, end of digital life management, advice and management in succesions, second medical opinion, childcare… are important services you can utilize in life. Â
Buy The best expat life insurance policy in Spain
Permanent / Whole & Term life insurance
Cover you and your family, your repayment mortgage or credit
âĒ Death benefit
âĒ Permanent and Absolute Disability PAD
âĒ PAD by accident
âĒ PAD by traffic accidentÂ
âĒ Death by accident
âĒ Death by traffic accidentÂ
âĒ Serious illness
âĒ Total and permanent disability
Disability life insurance
For independent people, protects you against any change in your life
 âĒ Death benefit
âĒ Permanent and Absolute Disability PAD
âĒ PAD by accident
âĒ PAD by traffic accident
âĒ Total and permanent disability                                                                                                                       Â
Duo life insurance
Protect yourself and your partner at a special price
 âĒ Death benefit
âĒ Permanent and Absolute Disability PAD
âĒ PAD by accident
âĒ Death by accident
âĒ Death due to a joint traffic accident                                                                                                        Â
Benefits of life insurance coverage
- Insured capital payment due to death or permanent and absolute disability
âĒÂ Â If one day youâre not here, your family will receive a benefit to cover their financial needs – childrenâs education, paying off loans, funeral expenses…
âĒÂ If you canât work due to an accident or illness, you can access your insured capital.
- Capital in advance in terminal illness case
âĒÂ If you have a terminal illness, you can receive an advance payment of your insured capital.
âĒÂ If you experience permanent and absolute disability PAD, we provide compensation if you can’t perform your regular job.
Additional services
Services for your peace of mind
- Online will
- End of digital life management
- Advice and management in successions
Health services
- Second medical opinion
- 24 h medical and pediatric guidance service
- Telephone nutritional guidance
VIP services
- Childcare
- Pets care
- Procedures administrative management
Take advantatge of expat life insurance plans in spain
- Insurance pay you the capital insured if the insured contingency occurs
- Insurance safeguard your family plans
- Insurance adapts to the payment method which suits you best
- You can tailor the product to your protection needs depending on your personal or family situation
Frequently asked questions
What is life insurance in Spain, and why do I need it?
Life insurance in Spain is a financial product that provides protection and financial security to your loved ones in case of your death. It's essential to ensure their well-being and ease financial burdens during challenging times.
It is important not to confuse life insurance with funeral insurance. Life policies provide significant compensation for your family once you are gone. A funeral insurance is designed to cover the immediate expenses caused by the death.
What is life insurance for?
Life insurance guarantees the financial security of your family once you are gone. Yours will be able to get ahead without having to worry about big expenses like a mortgage or university studies.
Your family will receive an agreed compensation according to the capital you have contracted and thus you will not have to worry. In other words, this type of insurance will be a substitute for the economic resources that you generate.
What types of life insurance policies are available in Spain?
There are various types of life insurance policies in Spain, including term life, whole life, universal life, and endowment policies, each offering unique features and benefits.
How does life insurance work in Spain?
Life insurance works by paying regular premiums to the insurance company. In return, your beneficiaries receive a predetermined sum, the death benefit, upon your passing.
What factors should I consider when choosing a life insurance policy in Spain?
Consider factors like your financial goals, family's needs, policy duration, and the type of life insurance that best suits your circumstances.
Is life insurance mandatory in Spain?
Life insurance is not mandatory in Spain, but it's highly recommended, especially if you have dependents or financial responsibilities.
Who collects life insurance in the event of death?
The beneficiary of the life insurance shall be any natural or legal person established by the policyholder. In the event of death, it is usually the members of the insured's family and, in the event of disability, the insured himself.
If the insured has a personal loan or a mortgage, sometimes a financial institution is also designated as the beneficiary.
Can I change the beneficiaries in case of death?
An insured can change the beneficiaries of his life insurance whenever he wants.
Can I purchase life insurance in Spain if I'm an expat or non-Spanish resident?
Yes, many insurance companies in Spain offer life insurance policies to expats and non-residents, providing the same level of coverage and protection.
Is there a waiting period for life insurance policies in Spain?
The waiting period can vary depending on the policy and insurer. It's crucial to review your policy documents to understand any waiting periods..
Can I modify my life insurance coverage during the policy term?
Some life insurance policies in Spain offer flexibility, allowing you to adjust coverage or beneficiaries during the policy term. Check with your insurance provider for specific options.
Are payouts from life insurance policies taxable in Spain?
Generally, life insurance payouts in Spain are not subject to income tax. However, it's advisable to consult a tax professional to understand any potential tax implications.
What is the process for filing a life insurance claim in Spain?
To file a life insurance claim, contact your insurance provider and follow their instructions for initiating the claims process. Typically, you'll need to provide documentation to support your claim.
Is it mandatory to take out life insurance together with a mortgage?
It is not mandatory to take out a life policy when you ask for a mortgage. However, banks usually request minimum guarantees to offer you the loan and, among them, is life insurance.
The usual thing is that the bank offers you life insurance with the insurer with which it usually collaborates. Remember that it is not mandatory to subscribe this policy and that you can choose any other of your choice.