Tu seguro de vida del banco un 40% + barato

Mortgage life insurance or loan amortization are those in which in case of death or disability of the insured cover the outstanding loan that was with the bank at the time of the incident, leaving the home free of charges.

In constant capital insurance it will not vary in the insured capital unless at the renewal we order the insurer otherwise.

However, diminishing capital life insurance will decrease its capital each year, and it will do so based on the amount you have already paid to the bank in the last year.

By insuring less capital, the decreasing insurance is cheaper than the constant one and avoids us having to worry about modifying the capital every year. But beware, if the intention when hiring life insurance is also to protect the family financially, we recommend you insure a higher capital and do it with constant capital.

It is not mandatory, but it is recommended.

With the new Mortgage Law, banks are required to submit two different offers. One in which a mortgage offer is provided without obligation to contract other products, and another in which the loan is offered with a better interest in case you contract the insurance with the bank.

We recommend comparing the premium offered with the bank, and calculate the penalty of the mortgage in case you take out the insurance outside the bank. In the long term it always pays not to take out insurance with the bank.

Because they are a lousy investment for you.

It requires renewable annual insurance. Avoid single premium or single financed premium (PUF) insurance at all costs as you will pay much more, and you will not be able to cancel them in advance.

If you make an early repayment you will have to claim the years you have overpaid. Flee from the PUF and if you have already hired it, seek legal help.

Yes you can. You can decide between paying your insurance annually, half-yearly, quarterly or monthly as long as the receipt is greater than € 10.

So if your premium is € 120 or more you can pay it monthly, but if for example it is € 60 you will have to pay it quarterly.

It is not necessary that you pass a medical examination to take out the insurance.

In addition, if your policy capital is € 200,000 or less, and you have been with your policy for less than 10 years, you will not have to answer any health questions.

This is an exclusive insurance for bank policies.

In the event that you have life insurance contracted with an insurer we recommend you enter the insurance comparator to find the best life insurance