Is it necessary to accept the inheritance in order to collect compensation from life insurance? What if I am a beneficiary of a life policy, but I do not want to accept an inheritance?
The quick answer is yes, you can collect life insurance without having to accept the inheritance.
The first thing to know is that the insured capital is not part of the policyholder’s assets and, therefore, the life insurance capital is not part of the inheritance. In addition, the fact that the legal heirs were the beneficiaries designated in the policy does not imply that the compensation is part of the estate. In fact, the amount of life insurance is not part of the inheritance.
The main reason why the insured sum received by life insurance beneficiaries is not part of the estate, even though those beneficiaries are the legal heirs, is that the sum guaranteed in the life insurance policy was never part of the estate. Estate of the deceased. Therefore, that amount cannot be counted within the inheritance of that person.
This is because it is a case derived from a contract. This contract designates one or more direct beneficiaries. Consequently, although the collection of both the inheritance and the insured capital of life insurance depends directly on the death of a person, the collection of insurance is carried out by contractual means, which has nothing to do with the inheritance, which is the It is used to administer the inheritance.
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Need help with your individual or group life insurance?
At PuntoSeguro we not only process your life policy, but we also help you with any future procedures you need. We also advise you when hiring your policies and inform you of the best rates to renew your insurance with the necessary advance.
In addition, in our mortgage life insurance comparator you can compare the prices and conditions of the best life policies on the market, including life insurance with coverage in case of absolute permanent disability.
And just by taking out a life policy at PuntoSeguro you will participate in the #RetoPuntoSeguro, an exclusive challenge that we propose to the company’s employees so that they are rewarded when they exercise. Through the PuntoSeguro Fit App, the physical activity of each user is rewarded through challenges, both individual and collective. In addition to keeping track of your daily physical activity and contributing to social causes (collaborating in overcoming the collective challenge), you can get a discount of up to € 120 on each renewal of your insurance, since you overcome the individual challenge month by month. If you need more information to take out insurance or need any additional clarification, do not hesitate to contact us.