6.- CAN I HAVE MORE THAN LIFE INSURANCE?
Yes, you can have all you want and you can pay.
If something happens to you, your family will collect compensation for all the insurance you have in effect at that time.
In the event that you already have a mortgage insurance with your bank, keep in mind that it will only cover the house debt. In all likelihood that will not be enough for your family. Widowhood and orphanhood pensions, if any, are usually not enough to maintain the desired economic level.
You are interested in taking out additional insurance that covers other debts, insures your children's studies or compensates for the lack of your income.
In general, it is convenient to have at least € 300,000 insured so that the family can get ahead if one dies.
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