Who needs supplemental life insurance?

You should contact the insurer at that time to request the payment. A death certificate can be obtained from the civil registry. You will need it after notifying the insurer of the death of the insured within a maximum period of seven days from its occurrence, we will see the exceptions later. Gain time to prepare the documentation by getting a prior notification to comply with the deadlines and forms.

It's much easier to do these procedures if you have your own insurance agents behind you.

This is what we can do for you. Our platform will give you help throughout the process, but also throughout the life of your insurance, if you compare and contract through it.

We can talk about a series of usual documents that the insurers usually request to proceed with the insurance payment. Among them, they will ask you something.

The insurer can request a lot of information and documents that can be used to assess whether the payment of compensation is appropriate.

According to Law 50/1980, of October 8, on Insurance Contracts —specifically, in its article 18—, the insurer has up to 40 days from the notification of the accident and the delivery of all the documentation to make the payment of the entire insured amount or, at least, the so-called minimum amount:

The minimum amount that the insurer may owe, if any, must be paid within forty days from the receipt of the claim statement, according to the circumstances known to it.

There are three ways to collect, depending on the life insurance formula we are dealing with: in a single payment (the amount received by the beneficiaries or the insured himself, if it is survival insurance), as an income for life (the life expectancy of the beneficiary is estimated and the capital is divided into monthly installments) or as temporary income (for a few years).

In many cases, the decision on this issue is made by the person who took out the policy. If you take out life insurance through Acierto.com, our experts will be able to help you choose the insurance with the form of payment that best suits your family's needs. They will be able to clarify any aspect of the small print that worries you so that you can contract with the facts.

If we have disability orIPA coverage in our life policy, we have to claim compensation if an incident occurs, and that's a little more complex.

The National Social Security Institute is an official body that must provide the disability resolution document for compensation. When the resolution shows that the disability is reviewable, there is a possibility of an obstacle.

After the presentation of a medical certificate, the insurer will carry out the verification and determination of disability. If there is no agreement between the company and the insured as to whether the disability is permanent or absolute, it will be submitted to medical experts.

In order to get life insurance compensation in the event of permanent and absolute disability, the beneficiaries must submit the following documents.

In the case of death, the insurer must pay within forty days from the receipt of the declaration of the claim or from the date of the contract's end.

If three months go by without payment, it's considered late and the insurer has to pay interest.

If you don't first demonstrate that you are up to date with the corresponding payment of inheritance and gift tax, you won't be allowed to collect death insurance. If we can't pay the inheritance tax, the Autonomous Communities allow a partial self-assessment of the tax for the value of the policy.

If the amount of the assumption of permanent and absolute disability is greater than the amount of compensation, it is best to put the money from the compensation into the Personal Income Tax account. If the person receiving the money is the same as the person who is insured, life insurance is treated differently.

The capital was taxed as a capital asset.

The exception is that the beneficiary is the spouse of a couple. Half would go to personal income tax and the other to inheritance tax. Depending on the community in which we are located, this last tax varies. The beneficiary's age can affect the tax bases.

The life insurance experts at Acierto.com can clarify these doubts. If you decide to contract with us, you can use our call center to get answers to questions that are not clear about the conditions of your insurance. We are completely transparent in this sense.

Unless otherwise stated in the policy, the deadline for reporting a claim is seven days after it's known. In case of noncompliance, the insurer may claim damages.

To collect life insurance for death, the insured needs to give the company all the details of the accident. The right to compensation will be lost in the event of intent or gross negligent behavior.

The company has three months to make the payment according to the Insurance Contract Law. After this time, the insured is entitled to collect annual interest equal to the legal interest of the money in force at the time it is accrued, increasing by 50%. The insurer will be approved by the General Directorate of Insurance and Pension Funds.

It shall be understood that the insurer is in default when it has not complied with its provision within a period of three months from the occurrence of the accident or has not proceeded to pay the minimum amount of what it may owe within forty days from the receipt of the claim. of the declaration of the accident.

It is possible that the deadline for collecting life insurance is not notified to the family because of ignorance or other reasons, even if the family is in control.

The company may be reluctant to give the capital.

If the failure to notify is due to a reason other than negligent or deliberate, it is remediable.

If there is no fraud or bad faith in the fact that the personal injury insurance was not claimed within the prescribed period, then the five year period is still valid. In the case of not knowing that the insured took out life insurance, they found it after death.

To find out about its existence, a person can go to the life insurance registry and request the insurance certificate that was contracted for them.

Extrajudicial claims can interrupt the prescription.

If the insurer is unwilling to pay for life insurance, we recommend that you go to the company's customer service department and make a claim in writing. If you don't get a satisfactory answer, you can appeal to the claims service of the General Directorate of Insurance and Pension Funds. You always have the legal route as a last resort.

Having life insurance that protects our loved ones in the event of death is essential, since we have seen what happened after the Pandemic situation. If you have a family member who has passed away and you are looking for how to collect on life insurance, you probably have noticed.

Maybe it's time to have a policy for you.

There are many types of life insurance, each of which protects you in a different way. We can help you find the best life insurance for you. If you don't have reasons to hire, here are more:

We know what health insurance is. It is an additional insurance that covers the costs of health care that is not usually covered by traditional health insurance. There are many types of medical products that can be used to treat serious diseases.

The way in which it works is that the client is offered an additional reimbursement from their insurance company or the National Health Fund for medical expenses caused by illness or accident. Special prices, which are cheaper than what the customer could get in the market if they did not have insurance, are a mode of operation.

You might wonder what benefits of insurance are.

Expansion of the health coverage available to a given client and report to the insured an economic benefit in the event that they must use certain insurance guarantees are two main ones.

Another option to achieve these objectives is to have insurance with good coverage that includes the guarantees that we need, but also forgetting to hire an additional one.

Depending on how many people are insured, two main categories can be established.

The private client who is considering taking out additional insurance to his existing one should be aware of the benefits of the individual health insurance.

Collective contracts that have been signed by a senior manager or a negotiating entity are usually the focus of the insurances that ensure the coverage of a group. The rates of a group supplementary health insurance are usually lower than those of the individual even though they offer the same coverage.

There is also health insurance for small companies in this type of product, which is intended for large multinationals.

The option of taking out health insurance for workers is available to small and medium-sized businesses.

Supplementary health insurance can be taken out by large corporations.

Insurers will usually give you significant discounts if a company has a large number of professionals.

The type of insurance that has been contracted will affect the coverage of the insurance. There are many additional health insurances, including dental, hospital, surgery, related to certain serious diseases, intended for the maternity process, and more. All of them have different guarantees.

As we always recommend, the coverage of each insurance and its conditions must be studied exhaustively to determine if it is worth subscribing a new product and if so, try to choose not only the best complementary health insurance, but also the most compatible that can with respect to the one that already covers us.

It will depend on the type of insurance. They don't offer the usual basic coverage of health insurance, such as preventive medicine, medical and surgical specialties, and hospital care. They are made to complement an existing insurance, but do not include the usual coverage, but include new ones.

Supplemental health insurance is more than just for married couples.

Unforeseen expenses from a serious illness, cancer, stroke, accident or hospitalization can be covered by supplementary health insurance. It can provide peace of mind, financial protection, and physical well-being to anyone.

If you're single and wondering if supplemental health insurance is right for you, read these six reasons why you should prioritize it.

Illness and injury don't discriminate against anyone's marital status. Keep in mind the facts about your risk of serious illness.

If you are ever faced with a serious illness or injury, you may have to deal with high medical bills as well as trying to recover. The average hospital stay costs more than $10,700, and many Americans cannot afford an unexpected $1,000 bill.

Even if you have good health insurance through your employer, you may still have to pay some of your medical bills out of pocket.

Out-of-pocket medical costs include copays, deductible, and unexpected bills. While you deal with medical bills, life goes on and your bills and everyday expenses will continue to come due.

Being single has advantages. You have complete control over how you spend your money, and you have no responsibility for anyone else's debt. There are fewer mouths to feed because you have more freedom. There is a Being single has one financial downside, which is that it's up to you to resolve a financial crisis on your own.

Supplemental health insurance is important because of that. Supplemental health insurance benefits can be paid in cash. That means you can use the money for anything you want, even if you can't work.

When a person is recovering from an injury or illness, they often have a spouse who is also involved.

A couple can help out in the kitchen with chores and take care of health care needs. If you're single and have no one to help you out, you may need to hire help if you ever need it. Home health care, cleaning, yard work, meal delivery, pet care, and more can all be done with supplemental health insurance benefits.

People put off their health care needs because they don't want to pay for it.

Prevention can help you save money over time. Many supplemental health insurance plans offer benefits that help you make your health a priority.

Regular exams and annual health visits are covered by the benefits of the wellbeing program. Membership in a health advocacy group is one of the additional benefits that may be provided by some plans. You should look for an insurance company and supplemental insurance plan that will meet your needs.

The Company will make the payment of the insured sum in accordance with the provisions of the legal provisions in force on the matter, immediately after receiving and approving the legal evidence of death.

Natural death.

The requirements must be submitted in addition to the previous ones.

For total or permanent disability from an accident.

In the event that the insured is disabled, they must request coverage in writing from The Company.