Flexible and adapted
Vida mortgage repayment insurance is adapted to both the capital and the duration of your loan, as well as the repayment system of the loan, whether linear or according to the French method.
Life insurance
It covers your personal loan or mortgage
If you have been granted a personal loan, a credit or a mortgage, and you want to guarantee payment if anything happens to you, we can offer you Vida mortgage repayment, a life insurance policy linked to your mortgage. Thanks to this life insurance policy, we will cover whatever capital you have outstanding in the event of disability or death.
Set up the Vida mortgage repayment insurance for any loan or mortgage you want, covering the amount of your loan and your family's needs in the same insurance policy.
Vida mortgage repayment insurance is adapted to both the capital and the duration of your loan, as well as the repayment system of the loan, whether linear or according to the French method.
You can choose between several payment methods: from a one-time payment, to annual, half-yearly, quarterly, bi-monthly or monthly payments.
Because you will be able to cover the capital of the loan in the event of death, as well as permanent disability.
The Vida mortgage repayment insurance guarantees for the insured person's beneficiaries the payment of the outstanding capital of the loan, in the event that the insured person were to pass away.
We offer you the option to name the bank or financial institution that has granted you the loan or credit as the beneficiary, in order to cancel the debt.
Optionally, this cover can be included so that if the insured party is certified as having a total permanent disability due to illness, accident or any other reason beyond their control, and they cannot do any kind of work, the mortgage life insurance for the self-employed will provide compensation with the same capital as planned for coverage in the event of death.
In this modality, the duration of the contract will be life annuity with annual renewals and the insured capital will be decreased to an established minimum.
With this format, you take out the insurance for the same term as the loan, between 5 and 30 years, and the insured capital decreases as the mortgage is repaid.
Our mortgage repayment insurance is designed for people who have been granted a personal loan or mortgage and are looking to guarantee the payment of this debt in the event of death or disability, thus avoiding the economic hardship it could cause for their family.
Yes. In repayment insurance policies, it is normal for the beneficiary to be the bank or financial institution that provides the loan, so that it can use the capital to cancel the debt. Furthermore, Plus Ultra Seguros offers you the option to include an entailment clause in the policy if necessary.
You choose the capital to be insured depending on the amount of your mortgage and the protection you want to offer your loved ones.
For less than you might think, you can obtain the security and protection you are looking for, with the very best terms.
All the protection you need, available to you, as easy as possible. We take care of everything.