Repayment of loans

Group life

Repayment of loans

This makes buying without risks easier

What is a Loan repayment insurance?

Our loan repayment insurance consists of settling loans taken out by the party insured with your company or organisation in the event of his/her death or a situation of permanent incapacity occurring, at the same time as serving as protection for his/her family as inheriting the debt is avoided.

Advantages of this insurance


With this insurance we guarantee repayment, according to the type of loan granted to the insured person.


We offer ample possibilities for payment, including instalments, and with the option of choosing the sum insured in accordance with the loan.

Double protection

Enjoy this with the repayment insurance, since it is a guarantee for your company at the same time as offering peace of mind to the insured party.

Specialist advice

We provide the necessary advice from our network of professionals specialising in life insurance so that you take out the insurance best suited to each circumstance.


Insurance coverage

With the repayment Insurance we guarantee to discharge a loan or credit granted to the insured person in the event of their death, by paying off the capital set out in the insurance contract with the company or financial institution that granted the credit and is the beneficiary.


There are three options for agreeing the amount in loan repayment insurance so that you can choose the one which best suits the loan granted:

  • Decreasing Insured Capital, the same amount as the loan
  • Sum insured equivalent to the average amount of the loan
  • Sum insured adjusted to the loan and notified annually


This insurance is aimed at companies and financial and credit institutions which wish to have a guarantee that loans granted to their clients will be paid.

There is the basic repayment cover because of death and the additional repayment cover because of total permanent incapacity.

Why take out Loan protection insurance with Plus Ultra Seguros?

Personalised Customer Service

We offer direct, professional and bespoke service, always looking after your interests. We will make sure your experience with Plus Ultra Seguros is completely satisfactory.


Because your circumstances are unique, we adapt to them to offer you everything you need, no more or less.


We make life easier for you and explain any aspect you need, with no unfathomable technicalities, in an accessible and simple way.