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This option conveniently combines the premiums for life and payment protection insurance so that you only pay once. The premium can also be financed through the loan.
Total Life Protection Insurance
Funeral Protection Insurance
Covers | Total Loan Protection | |
---|---|---|
| Total Life Protection | Payment Protection |
Life Cover | ✓ | - |
Sum insured for death | ✓ | - |
Sum insured for total permanent disability (TPD) | ✓ | - |
Debt balances on cards and accounts up to €3,000 | ✓ | - |
Payment Protection Covers | - | ✓ |
Cover of mortgage repayment in the event of unemployment if you have a permanent employment contract | - | ✓ |
Cover of mortgage repayment in the event of medical leave, if you’re self-employed or have a temporary employment contract | - | ✓ |
Insurance features |
|
|
Type of payment | One-off | One-off |
Term | 15-20 years or up to the loan’s maturity date | Until maturity if loan < 5 years old |
x Included
x Not included
Whenever you need to, you can view the sums insured and the cover included in your policy in your BS Online private area. To do so, enter the private area and select the product you wish to view.
First of all, we’re sorry to know that you want to leave.
How can I cancel my policy?
We have several phone numbers or channels for different products. You can view all of them here.
How long do I have to cancel my insurance?
If it’s an annual renewable policy, remember that you can inform us that you want to cancel the policy up to 1 month prior to the renewal date.
A life insurance policy provides a sum insured to the beneficiary upon the death of the insured. The beneficiary can be a family member, friend or a bank if you have a mortgage. Life insurance can be taken out with a sum insured starting from €50,000, a capital sum that will provide your loved ones with money if you are no longer around. Click here to find out more about our life insurance.
In contrast, a funeral insurance policy offers you a complete and personalised service that covers all expenses related to the funeral and begins immediately from the time the company is informed of the death. If a person has a funeral insurance policy, their family members will have part or all of the insured’s funeral expenses covered and can thus be free of financial concerns and focus on what really matters at such a difficult time. Click here to find out more about our funeral insurance.
Cases of cancer diagnosed during the first six months of the insurance period are not covered.
The consequences of illness or accident occurring prior to the entry into force of this insurance are not covered.
*Covers and services subject to the policy’s terms, conditions, limitations and exclusions as set out in the terms and conditions and schedule.
Total Life Protection and Constant Capital Life Protection are insurance products issued by BanSabadell Vida, Sociedad Anónima de Seguros y Reaseguros, holder of Tax ID No. A08371908 and with registered office at Isabel Colbrand 22, 28050, Madrid. Registered in the Madrid Companies Register and in the Insurance Entities Register of the Directorate-General of Insurance and Pension Funds (DGSFP) under code C-0557.
Payment Protection is a policy issued by BanSabadell Seguros Generales, Sociedad Anónima de Seguros y Reaseguros, holder of Tax ID No. A-64194590, with registered office at Calle Isabel Colbrand 22, 28050 Madrid. Registered in the Madrid Companies Register and in the Insurance Entities Register of the Directorate-General of Insurance and Pension Funds (DGSFP) under code C-0767.
Insurance brokered by BanSabadell Mediación, Operador de Banca-Seguros Vinculado del Grupo Banco Sabadell, S.A., holder of Tax ID No. A-03424223, with registered office at Avenida Óscar Esplá, 37, 03007 in Alicante, and registered in the Alicante Companies Register and in the Administrative Register of Insurance and Reinsurance Distributors of the Directorate-General of Insurance and Pension Funds (DGSFP) under code OV-0004, having taken out a liability insurance policy pursuant to prevailing regulations on private insurance and reinsurance distribution.