Income insurance

Life annuity

Excellent taxation for your money

What does Life annuity insurance offer you?

Life annuity is an insurance that lets you maximise the returns on your savings. By making a single contribution, you insure the receipt of the income agreed upon throughout your life.

Income Insurance

Main features of our Life annuity insurance

  • The policy holder, the insured person and the beneficiary are the same person
  • The receipt of the income, in any case, will be monthly
  • There are two categories to choose from for receiving the life annuity:
  1. Constant or increasing at 3%: depending on whether you would prefer a constant income throughout your life, or whether you would like it to increase from year to year
  2. With reversion* (25% to 100%) or without reversion: in the case of 'with reversion', the beneficiary indicated in the insurance contract will receive the contracted percentage in the event of the insured person's death.

*Reversion consists in the receipt of the income by another person, in the event of the insured person's death.

Taxation of life annuity insurance

Under 40 years old60%
Between 40 and 49 years old65%
Between 50 and 59 years old72%
Between 60 and 65 years old76%
Between 66 and 69 years old80%
70 years old or more92%

Why take out your life annuity insurance with Plus Ultra Seguros?

We place in your hands all the benefits that income insurance can offer you.

Tax benefits

Life annuity taxation is very advantageous, especially from over 70.


You choose when you establish the income.


We offer you returns on your contribution based on your age; you will know what returns you will get from the very beginning.