¿Se puede dar de baja el seguro de vida vinculado a una hipoteca una vez concedida?

Can I cancel the life insurance linked to a mortgage once the operation has been granted? What rights do I have?

Hiring a life insurance with the mortgage is highly recommended so as not to leave burdens on your family if you miss before you have finished paying the debt. However, that does not mean that it is mandatory to take out a life policy linked to the mortgage, much less that you have to do it with the bank.

In fact, the mortgage law is very clear when it comes to insurance linked to mortgages. Law 5/2019, of March 15, regulating real estate credit contracts, expressly prohibits tied sales. In other words, banks cannot force the client to contract any other product. What the law does allow are combined sales; that is, that the bank offers conditions especially in the operation, such as reduced interest, when contracting life insurance or another type of policy.

If you have contracted the life insurance linked to the mortgage and you want to cancel it, for whatever reason, you have to know that YES you can cancel it, in certain circumstances.

  • You can cancel a mortgage-linked life insurance (annual renewable or financed single premium) within 30 days of activation.
  • In the case of annual renewal insurance, if more than 30 days have passed, you will have to wait for the next renewal and request the cancellation at least 30 days in advance.

Switch to PuntoSeguro 40

If you already have mortgage life insurance with the bank, changing your policy to PuntoSeguro saves you 40% of the premium.

Take out your mortgage life insurance cheaper than at the bank with PuntoSeguro 40 and get a discount on the policy forever.

With the PuntoSeguro.com mortgage life insurance comparator you will be able to find out how much you can save on your mortgage life insurance.

If you already have the insurance with the bank, select the «Bank» option and enter the annual amount to obtain the price with PuntoSeguro: a guaranteed 40% discount. Once the price is obtained, you can contract directly from the web or request a commercial call. Easier, impossible.

And just by taking out a life policy at PuntoSeguro you will participate in the #RetoPuntoSeguro, an exclusive challenge for all PuntoSeguro customers. 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 obtain a discount of up to €120 on each renewal of your insurance, as 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.

¿Has resuelto tus dudas?
No me gusta 0
Artículo previo ¿Cubren los seguros de vida el fallecimiento en acto terrorista?
Siguiente artículo ¿Qué ocurre si no pago el recibo del seguro de vida?