Tenerife Life Insurance by Liberty Seguros

  • Tenerife International Business Centre SL
  • Calle Cándida Peña Bello 8
  • 38631 Las Galletas (Sta Cruz De Tenerife)
  • 922 730 210
  • 922 731 408
  • more
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Life Insurance

Click here to fill out our Online Life Insurance Quote Request Form >>>

life-insurance-tenerife

 

Why should you get Life Insurance in Tenerife?

 

To pay off your mortgage should you die. You want to make sure your dependents are looked after financially if they are dependent on your income. Up to €3,000 will be paid immediately upon presenting a death certificate for funeral costs.

 

How much will it cost me to get Life Insurance?

You could get a policy which will just cover your Funeral Costs of €6,000 plus Repatriation for just €31,00 a year! This is based on the applicant being between 30 and 40 years old. 

If your family depend on you for your income and you want to cover the remaining amount on your mortgage, to cover €250,000 if you are 50 years old, the annual quote would be around €950. 

Here's a more detailed breakdown of Life Insurance costs:

 

Cost of Life Insurance Policies (Euros)
Cover Required (Euros) 30 year olds 40 year olds 50 year olds 60 year olds 65 year olds
30,000 53,31 63,93 127,44 244,14 324,57
35,000 58,32 74,39 145,01 281,14 374,80
40,000 63,32 81,86 162,56 318,15 425,01
45,000 68,34 89,34 180,12 355,16 475,23
50,000 73,34 96,80 197,67 392,15 525,44
           

NB. The quotes above were caculated in June 2016 and are based on a male individual who has a low risk job, plays no dangerous sports, has no serious existing health conditions and doesn't drive a motorbike.

 

What do I need to get Life Insurance in Spain?

You can be a resident of any EU country as long as you hold an NIE number.

 

What will my Life Insurance cover me for?

Death of person insured caused by accident, traffic accident or critical illness AND incapacity due to disability caused by accident, traffic accident or critical illness.

 

Bonus features for Liberty Seguros Life Insurance

Should both partners die at the same time, the payout is doubled.

10% of the insured capital will be paid immediately to cover funeral costs up to 3,000 Euros.

Includes Repatriation to country of your choice.

 

Click here to fill out our Online Life Insurance Quote Request Form >>>

 

Optional: Inheritance Costs Insurance

You may also be interested in our Inheritance Legal & Tax Costs Insurance. TIBC are able to calculate what your beneficiaries will have to pay in order to inherit your Spanish assets. We suggest you contact us to find out more or fill out our Online Insurance Application form
 

Calle Cándida Peña Bello 8
38631 Las Galletas (Sta Cruz De Tenerife)
922 730 210
922 731 408
  • Tenerife International Business Centre SL
  • Calle Cándida Peña Bello 8
  • 38631 Las Galletas (Sta Cruz De Tenerife)
  • 922 730 210
  • 922 731 408
  • more

© Tenerife International Business Centre SL 2017

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