DKV life insurance

The capital in a life insurance policy must cover the family's expenses for a sufficient period of time. That is, that which covers the difference between the income (usually the salary) and the retirement pension (approximately 50% of the salary).

Here is some information on the suitable capital for life insurance

Life insurance always covers the risk of the policyholder passing away. It is the main cover. But other additional cover can be taken out.

Here is some information on what a life risk insurance covers

Life insurance is designed to maintain the financial peace of mind of those who will remain when we are no longer here. Therefore, it is important to think about who depends or may depend financially on us, partner, children, parents with a certain age, dependent people, etc.

In addition, if we have any debts, mortgages or our own business, we must consider the commitments that may directly fall upon our heirs in the event of misfortune.

Although we don't like to think about it, nobody is exempt from suffering an accident or a deadly illness. If this situation were to occur, the family's economy could be seriously compromised.

Here we explain more about life risk insurance

It is an insurance contract whereby the insurer, in exchange for the payment of a premium paid periodically while the insurance is in force, commits to paying an amount (insured capital) as compensation if the insured person passes away or is incapacitated to work.

In the event of death, the agreed compensation will be paid to the beneficiaries chosen by the insured person. If disability cover has been taken out, the compensation will be paid to the insured person.

The insurance premium is calculated according to the insured person's age and the capital required.
The older the insured person and/or the higher the capital, the higher the premium. Check the prices according to your needs; the premium can be much lower than you think.

The insurance policy is renewed annually, if you wish, until you reach 70 years of age for death cover or 65 for disability cover.

The insurer will never cancel your contract unless the premium is not paid.

Each year's premium is calculated according to the insured person's age and the insured capital, which entails a higher cost every year.

If the claim is due to death, the compensation will be paid to the beneficiaries specified when taking out the policy. This initial appointment can be subsequently changed.

When a bank is designated for collection, it will receive the compensation following the accident, and the rest of the capital, if any, will be paid to the beneficiaries.

If it were a disability benefit, the payment will be made to the insured person.

• Cover for risks arising from armed conflicts, nuclear energy and any classified by the Government as catastrophic
• The consequences of pre-exiting illnesses or accidents
• Death by suicide in the first year of the insurance
• Severe illness in the first three months.

In general, banks require an insurance policy in which they are designated as beneficiaries for the amount pending payment, but you don't have to take out it out with that bank or the insurer they offer.

In any case, we highly recommended that you cover the amount of the debt. This insurance should be complemented with an insured capital for family protection.

In short, in the event of death, life insurance pays a capital to the beneficiaries, whereas funeral insurance is responsible for managing the funeral service by paying the expenses arising from the service (with the limit of the contracted capital).

Yes, our policies include access to DKV Club de Salud y Bienestar, with medical and wellness services at special prices, and to the Quiero cuidarme Más app, a digital health platform that allows you to manage your health.

In addition to those related to your health, you will enjoy the following:

• Psychological assistance due to death, disability or severe illness
• Family assistance: advice from a personal adviser, legal advice and psychological assistance
• Free legal advice helpline
• Management service in the event of death
• Free online will

It is the disability that completely incapacitates the insured person from performing any profession. 

You will have to provide us with information about your illness so we can tell you if you can take out the insurance policy under normal conditions, if you have to pay a higher premium than normal, or if it is a risk that we cannot cover. Please, contact us.

No, your contract will remain in force and will continue to be renewed automatically until the maximum age of cover (70 for death or 65 for disability or other complementary insurance).

Yes, life insurance can be suited to the needs of the insured person, by increasing (or reducing) the insured capital and by including (or excluding) additional cover. We can also change the payment method or the appointed beneficiaries in the event of death.

Yes, you can take out more than one life insurance policy.

No. The policy will be cancelled after paying out the compensation.