LIFE INSURANCE GUIDE

The life insurance is a product that provides extra income to the household, in case of death of the policyholder. 

The life insurance are chosen by those who want to invest or think about the debts of estate taxes will have to pay your family in case of death. It is a way to give to family economic independence in which case the policyholder dies with the consequent disappearance of their monthly salary.

What role do you set the premium life insurance?

The share premium or life insurance depends on several parameters, among which especially the health of the insured, your lifestyle (if you smoke, practice sports ...) and to receive compensation in case of death of it.

What coverage provides life insurance?

Within any insurance must differentiate what are the mandatory coverages (common in all policies of a particular type, regardless of the entity with which the contract) of additional coverage (varies depending on the insurance company and usually the cause of the price premium varies).

In the case of life insurance, compulsory coverage is one that guarantees the payment of capital employed in case of death of the insured .

Among the additional coverage , include:
- Permanent disability and absolute
- Serious illness
- Service Agency: estate, inheritance and gifts
- family legal advice, etc..

How long protection offered conventional life insurance?

Traditional insurance offers protection for a fixed term, which is defined at the beginning of the contract.

What is permanent life insurance?

A type of life insurance , also considered a financial product because it is an economic investment that offers returns like a deposit or an interest bearing it were, with few differences.

Unlike conventional life insurance, the permanent life insurance  also offers protection, accumulation of savings or investment.That is, some economic return that can benefit the borrower throughout his life.  

With a permanent life insurance if the insured dies, we must distinguish two types of capital:

1. The value of the policy, payable to the beneficiary of the same
2.  Amounts accumulated in the savings plan, you can have in life of the insured and are not payable on death to the beneficiary. If the insured's death before transferring the policy to another person, may dispose of the money accumulated.

What is burial insurance?

This is insurance that includes coverage of all funeral expenses from the coffin, the funeral home, cremation, ceremonies, crowns, the obituaries in the press until the repatriation of foreigners in the case of natural death.
In a principle, it is advisable to hire you if you are under 40 years, and eventually paid more than they represent the funeral expenses, but we must not take too long because there are recruitment companies who refuse to age 65 or 70 years.

If you have a life insurance with broad coverage, it is not necessary to hire a specific policy of deaths.

source: segurosmagazine

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INSURANCE FOR LAWYERS

The Mutuality of Advocacy is an insurer that operates without profit to offer the world of law professionals , people from their family and professional societies cover all your needs for forecasting, savings and insurance, was established in 1948 by the bar associations in Spain and currently has more than 160,000 mutual.

Its activity is framed on the one hand, within the first pillar of social security, since it is an alternative to the public social security for lawyers who are self-employed, which can replace the membership of the Special Regime for Self-Employed , by procurement of the coverages of retirement, death, permanent disability and temporary and, if applicable, dependent on theMutual , on more favorable terms through a system of individual capitalization.

It is, moreover, an entity that provides to its members, lawyers or not, all other complementary social security systems practiced by insurance companies, with the advantages provided by its size, high yields, and reduced costs.
Finally, the Mutual provides to its members all the other solutions on the market in personal or property insurance, banking services reached, and a wide range of products and services of interest to its partners .

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LIFE INSURANCE SAVINGS MANAGES 183,000 MILLION IN THE FIRST HALF, UP 4% IN 2010

A June 30, 2011, the life insurance managed savings in the amount of 183,000 million euros as from the first half of 2011, representing an increase of 4% over the same period last year and so far year, the managed savings grew 2.51%.

According to the Security Industry Association ( Unespa ) of this amount, 150.353 million euros are saving customers and 33,450 million to pension plans managed by insurance companies. The total number of policyholders and shareholders have grown 1.85% in this period to 37.8 million.

The PIAS , Systematic Individual Savings Plan , already exceed the 2.537 million euros in managed savings, an increase of 19.9% ​​since January, while the Insured Pension Plans ( PPPs ), social security systems that are characterized by ensure profitability and using actuarial techniques, have increased by 17.48%, registering a managed savings of 7.321 million euros.

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These are Basics of a life insurance policy

To keep you informed in this case the concepts and most obvious questions that you may have on the life insurance policy , although its concept and types we have already discussed in previous articles. Know that a credit institution can never force you to hire a life insurance policy , even in relation to mortgage your house, as the law is not mandatory, but often force customers to hire the amortization of loan insurance that are associated with some mortgages, being the beneficiary of the insurance policy the lender, but its binding is not legal.


The figure of the beneficiary on a life insurance policy is important to be the ultimate goal of the incident, can you name a beneficiary or as many as you want and in the event that is not designated, it is considered beneficial to the legal heirs . We specify that the beneficiary in case of disability or serious illness is always assured. Never forget that you can change beneficiaries at any time.

Age Limits

There are limits imposed by insurance companies that set a minimum age of contracting this in 14 years and a maximum of 64 years, although there are other cases in which changes to 18 the minimum age and maximum age 55 years, depending on model insurance, although the limit would be in the life insurance policy loan amortization reaches 70, the same time you have to repay the mortgage. Although it is also possible to change the insured amount upwards or downwards, to certain limits that mark the various insurance companies, but like to increase the premium increases the cost guaranteed annual life insurance policy , lower secured coverage of the policy also will reduce the cost of the insurance policy.

Serious and notifications

In the unlikely event that the user of the policy contrajese a serious illness, already holds a life insurance policy , is obliged to notify the insurance company. If this incident happens during the first 12 months when you hold the life insurance policy , the company is on the right to cancel or in the case showing that there has been concealment or deception at the time of hire, otherwise your policy is in force and all rules, covering your claim for serious illness.

After the accident occurred must have the premiums paid correctly and notify the insurance company the claim within seven days, by the Law or if the life insurance policy dictates that we have hired another date more If we decide not to notify within that period, the company may refuse payment of any damages that may be caused by the incident.


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Life Insurance Policy ( Disability & Death)

The life insurance policy is an option that covers potential claims personal as the death or disability. Few people who contract this type of insurance directly, it is always the obligation that we create a bank to hire a mortgage or because it comes linked to a credit card, but every day we think it's important to have this coverage by the mere fact that not only covers our demise paying a debt or helping our heirs, but because if we suffer a loss unfortunately the person suffers a disability that we also covered.


Exist within the life insurance policy several options, among which we highlight certain death or total disability insurance temporary or permanent. We will explain the simplest way possible the meaning of these two variants of the life insurance policy.

Death

The life insurance policy for death cover the loss that occurs as a result of the death of the contractor, his heirs being compensated in the case of a mortgage covered by this insurance, you pay the outstanding mortgage, any extra a number derived from the payment was available to their heirs. Imagine a mortgage for € 100,000 of which € 25,000 has been paid, pending payment when the accident happens € 75,000. The insurance company paid the bank € 75,000 housing being free and the remaining € 25,000 to the beneficiaries or heirs.

A very important point of these insurance policies is in the event that we divorce or split up and the recipient of our policy is our spouse, we should change it. If we have paid our mortgage, we should also make the change of beneficiary, are points that we can always change our policy because it does not affect us in shape, or condition. Know if the beneficiary is not correct there may be problems in changing our policy.

Death and disability

On the other hand we could hire the insurance policy for death and disability . This insurance policy covers not only the death but the total or partial disability , so the compensation will be effective in either case, may receive compensation various forms in a single payment annuity, in installments, and so on.

Although in the latter life insurance policy we have to distinguish the form of decreasing term life, this insurance is typical mortgage, paying down credit annuities unanimously with the mortgage, as this leaves paying.

Among the golden rules of any life insurance policy, clinical analysis highlights that the insurance company is the right to make your customer before engagement, from within the company, after making these checks the company can support or deny our request. You should also know that to access the payment of the claim must be current on payments policy.



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LIFE INSURANCE TAXI DRIVERS IN ACAPULCO, GOVERNOR PROMISES

Angel Aguirre Rivero Governor announced a life insurance for taxi drivers, the incorporation of workers driving to health services through Seguro Popular and asked them to be promoters of tourism in Acapulco. This week the state governor laid the first stone of what will be the Housing Unit "Guerrero Meets", at the Stoney in Acapulco, near Pie de la Cuesta, a work which will invest more than 900 million pesos for the construction of 2 000 homes, will initially generate 2 thousand direct jobs and hundreds more indirectly, a fact that will further economic development in the area.

 Taxi drivers are one of the unions hit by the violence and insecurity that plague the Pacific port, and only this year have been killed with high-powered weapons, some of them butchered or shot dead, 58 workers of the wheel, while one of the cartels operating in the area has been removed by fire and bullets at least two sites Costera Miguel German, whose members said in nacomensajes written on cards left with the victims of being "hawks" that is, spies from other cartels operating in this city. The governor has been designated to protect a gang of criminals led by Victor Aguirre, who point to be a cousin of Angel Aguirre, a version has been disproved by official, arguing that criminals are confused by the presence of a Víctor Aguirre Alcaide, PRD secretary government in the state of Guerrero.



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Bankinter Express life insurance promotion

Bankinter has a promotion in his life insurance to life insurance contract customers will have another gift. Bankinter recently launched a special promotion for customers who sign a life insurance gives them another life insurance for the person chosen by the customer.

They can hire any of their life insurance:

Annual term life insurance.

Protective Life Insurance 100.

Express Life Insurance.

Apart from the benefits of their coverage and guarantees to cover circumstances such as death and disability, also offers an extension in duration and payment of the premium with tax advantages.

If you decide to hire a life insurance Express for free in the first year provides coverage for 50,000 euros, also:

Guarantees death.

Total and permanent disability from any cause double capital guarantee death in an accident.

The insurance has a duration of 1 year and is renewable automatically upon maturity.

Have until September 30 and must be between 18 and 54.


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Widows-Life insurance promise this month

CULIACÁN._Antes the end of the month of August, the relatives of seven elements of the State Ministerial Police, killed in line of duty in March, will receive full payment of life insurance, said Deputy Attorney-General, Martin Robles Armenta.
The official said that important advances have on efforts by the prosecutor, Marco Antonio Gómez Higuera, before the State Legislature for the payment of the pension they are entitled to the families of fallen police officers.
" Yes, there are up to Congress which will give timely follow-up on commitments related to the scholarships, they are not going to leave alone and in no way want to be repetitive in relation to the salary they have not been cut in any fortnightly salary as their rightful "Robles said Armenta.
The state official said that from the outset and on instructions from the Attorney General, were made ​​necessary arrangements for the families of the elements that were killed in compliance duty, continue to receive the full amount of wages earned by researchers.
Which will be maintained by the state agency until the local legislators of the State Congress, authorizing the payment of the pension for beneficiaries in the reported life uniforms. "Yes there is follow up with the Congress which will give timely follow-up on commitments related to the scholarships, they are not going to leave alone and in no way want to be repetitive in relation to the salary they have not been cut in any way the biweekly pay their fair share " Martin Armenta Robles Deputy Attorney-General


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This month life insurance paid to widows of ministerial

There are important developments regarding efforts made ​​by the prosecutor, Marco Antonio Gómez Higuera, before the State Legislature for the payment of the pension

Culiacán, Sin .- Before the end of this August, the relatives of seven elements of the State Ministerial Police, killed in line of duty last March, will receive the life insurance payment, said Deputy Attorney-General, Martin Robles Armenta. The official said that will have significant progress on efforts made ​​by the prosecutor, Marco Antonio Gómez Higuera, before the State Legislature for the payment of the pension they are entitled to family members. "Yes there is up to Congress where he was going to timely follow-up on commitments related to the scholarships, they are not going to leave alone and in no way want to be repetitive in relation to the salary they are not in any way to cut fortnightly salary they deserve, " Armenta said that Robles from the outset, on instructions from the Attorney General, Marco Antonio Gómez Higuera, were made ​​necessary arrangements for the families of the elements that were killed in the line of duty, continue to receive the full amount of your salary up to both the State Legislature authorized the payment of the pension.

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Aguirre Rivero Announces life insurance for taxi drivers and services to this sector

Chilpancingo, Gro.,- The governor announced Angel Aguirre Rivero life insurance for taxi drivers, the incorporation of these workers to health care through Seguro Popular and invited them to be promoters of tourism.

The state leader reiterated his commitment to the guild of workers in the wheel made public during the event of laying the first stone of what will be the dwelling unit complies Guerrero, in the colony's rocky, the area west of Acapulco, for provide housing for police, transporters and employees of state government.

Aguirre Rivero said that this housing project will have an investment of 900 million pesos to build 2 000 houses, was initially generate 2 thousand direct jobs and many more indirect, a fact that will further economic development in the area.

The president announced that for the month of December this year will be ready the first 200 homes, which can be purchased at lower cost through loans and accessible, with a term of between 20 and 30.

Aguirre Rivero said he identified with the carriers, announced that it will rescue the driver's Day celebration and incorporate them into the Seguro Popular, to have access to medical services and basic drugs.

In addition they were informed that within days will sign with all public transport organizations, the agreement to create a life insurance for taxi operators in the state,
therefore, summoned to assist him to do together good government and invited to be promoters of tourism: "When someone addresses the taxi, city bus combi or talk about them what we're doing, you speak with people, want them to be promoters of tourism."

Aguirre Rivero said finally that for the first time the drivers will have their housing project in this port is underway now and what will be done in Zihuatanejo, Chilpancingo, Iguala, and Ometepec.


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