Income insurance

Income insurance

Insure a monthly income

What does our insurance policy offer you?

Rentas Plus is insurance aimed at anybody who has savings and wants to maximise returns on their money, with a view to guarantee a supplement to their monthly income in the future.

Benefits of this insurance

Risk free

A financial supplement to your standard income, completely guaranteed.

Maximum flexibility

We offer you different options so that you can enjoy your income however you wish.

Protection

Receive an income that guarantees that you can maintain your quality of life and that of your family.

Tax exemptions

Excellent tax systems for income received.

Income Insurance

Main coverage

The customer will receive a monthly payment, whether this is a life or a temporary annuity, depending on what has been chosen, thus increasing his or her monthly income.

1 /6

This number is indicative of the risk of the product; 1/6 implicating a lower risk and 6/6 a higher risk

FAQs

The Rentas Plus insurance can be cancelled after the first year has elapsed, provided that coverage is in place that provides capital to the beneficiaries, i.e. yes in the case of Temporary annuities but no for Life annuities. In this case, the capital to be redeemed will depend on the value guaranteed when taking out the contract.

In this situation, customers will receive the monthly sums, which supplement their income, throughout their lifetime, regardless of how long they live, guaranteed.

No, the product has a single premium, i.e. a contribution is made when you take out the insurance, allowing you to receive the income and serving as the income supplement you are looking for.

Why choose Plus Ultra Seguros?

Tax benefits

Flexibility

Guaranteed

Life annuity

The Life annuity is an insurance policy that allows you to get the maximum yield from your savings. By making a single contribution, you insure the receipt of the income agreed upon throughout your life.

Main features

  • 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.

Tax advantages

AGE EXEMPTION PERCENTAGE
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%

Temporary income

Temporary income insurance is a solution that insures you receive the monthly income agreed upon during the time period laid out in the contract. This income will be received during the time period stipulated in said contract, and will be 3, 5 or 10 years, depending on your needs.

Main features

  • With Temporary income , the policyholder, the insured person and the beneficiary are the same person
  • The receipt of the income will just be monthly
  • The period of time over which the income is received will be laid out in the insurance contract. You can choose 3, 5 or 10 years
  • During the term of the contract, the policyholder will receive the monthly income established. When the contract finishes, s/he will receive the single premium contributed when taking out the contract
  • In the event of death, the assigned beneficiary will receive the payment of the capital constituted up until that time
  • It is possible to access the capital contributed once one year has elapsed since its contribution. In the event of redemption, the capital will be equivalent to the market value of the assets, with the limit of the provision due to death

Tax advantages

DURATION OF THE INCOMEEXEMPTION PERCENTAGE
Up to 5 years88%
Between 5 and 10 years84%
Between 10 and 15 years80%
More than 15 years75%