Group Life Insurance for Companies

Companies and SMEs that wish to offer a salary supplement to their employees, providing them the possibility of taking out a life insurance policy within the company group, which makes the premium more competitive. Among the main advantages is a greater loyalty of talent.

For corporate groups we can create tailor-made plans with a wide range of limit options, customised to the needs of the group. 

Group insurance improves employee loyalty and employee commitment to the business. 

Companies that take out group life insurance also have access to better advantages and more competitive premiums; no medical check-up is required; and the maximum contracting date can be up to 70 years of age.

Finally, it offers tax advantages, as the premium is fully deductible in the corporate tax of the contracting company.

The life insurance policies we sell mainly cover the death of the insured person. In addition, the policy can be configured with different optional covers that add more guarantees for the insured, such as permanent disability or, for example, severe dependency.

As a breakdown of the coverage we have:

BASIC COVERAGE:

• Death
• Advance Death Capital
• Advance payment of ISD (Inheritance and Donations Tax)

OPTIONAL:

• Absolute Permanent Disability
• Total Permanent Professional Disability
• Death due to Accident
• Absolute Permanent Disability due to Accident
• Death due to Traffic Accident
• Absolute Permanent Disability due to Traffic Accident
• Simultaneous Death of Both Spouses due to Accident
• Serious Illness / Serious Terminal Illness
• Male and Female Cancer
• Severe Dependency and Major Dependency
   

Accident insurance normally covers death as a result of an accident. In the case of life insurance, death from any cause, natural or accidental, is covered.

They are perfectly cumulative.