Ten contractual advantages of our Life-Risk Insurance
Not long ago, we talked about the advantages of taking out life-risk Insurance, not only to protect our family and ourselves against unforeseen events such as illnesses and accidents but also as an asset and business protection.
Today we want to send you ten contractual advantages of our life-risk Insurance, some of them unique in the market and that we have maintained in force since our foundation in 1928 for all our Life Insurance.
1.- We fully cover the risk of death without any exclusions. Exclusions for pandemics, aviation, nuclear radiation, navigation, underwater fishing, skydiving, exploration, and others are not mentioned in our policies.
2.- It is not necessary to communicate risk changes, neither in our Main Insurances nor in the Complementary Insurances. This exclusion is common in the Sector and creates an intolerable uncertainty for the Insured.
3.- Our clause of indisputability is unique in the market since it enters into force after one year and in all cases.
4.- Rehabilitation of the policy in case of non-payment. Rehabilitation can be carried out without a medical examination, within six months of having stopped paying the premium, requiring only payment of the late premium and one per thousand of the insured capital as rehabilitation rights.
5.- In case of age error, under no circumstances is the Insurance contested or harmed to the Insured, even if the policy exceeds the age limits established for contracting.
6.- Our Temporary Life Insurance can be renewed without medical examination and at the sole discretion of the contracting party up to 65 years of age, for the same periods as the initial contracting of the policy.
7.- The capital can be collected in the most convenient way for the Beneficiary: immediately or deferred, as a single payment, in the form of income (temporary or for life), or as a combination of capital and income.
8.- If the death is due to an accident, through the Complementary X3, we cover not only the payment of a double capital in the event of accidental death but also the payment of a triple capital if the death is due to a traffic accident.
9.- Absolute and Permanent Disability is covered through the complementary X2. Not only will you be entitled to exemption from the payment of insurance premiums, but also the payment of a monthly rent of 1% of the Insured Capital from the moment of disability. Thus, even if from that moment premiums are no longer paid, the insured maintains their coverage in full force and also receives a guaranteed income until the expiration of the Insurance.
10.- The combination of all our main risk and chase savings insurance, with the different types of complementary Insurance that improve coverage for death, accident, disability, and survival, allows us to design a true “tailor-made suit” for each client and family.
If you have any questions, do not hesitate to contact us or get in touch with your mediator.
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