DO YOU WANT TO FOLLOW GIVING MONEY TO THE BANK?

DO YOU WANT TO FOLLOW
GIVING MONEY TO THE BANK?

DISCOVER HOW MUCH MONEY YOU SAVE!

WHAT IS A INSURANCE OF LIFE?

Life insurance delivers the amount of money that has been hired to the heirs or beneficiaries in case of death due to any cause of the insured. Or put another way, if you die, your heirs collect the money you have contracted from the insurance.

WHAT IS THE MORTGAGE INSURANCE?

In the case of life insurance associated with the mortgage, this is contracted with the purpose of canceling the mortgage after the death of any of the people who have signed it and thus leaving the heirs without debts.

WHAT IS THE INSURED CAPITAL?

It is the money that the company will pay to the beneficiaries or heirs if the insured person dies. In the case of mortgage life insurance, it is usually what remains to be paid on the mortgage at the time of death.

LIFE INSURANCE WITH YOUR BANK IS NOT COMPULSORY

Both the previous mortgage law and the new law of 2019 say that it is not mandatory that you take out life insurance with your bank.

UP TO 48% HIGHER WITH THE BANK

Banks are crazy about selling insurance, because they need to get money from somewhere, but not at your expense, because life insurance can be in the bank up to 48% more expensive than in any insurer.

IS THE BENEFICIARY THE BANK OR YOUR FAMILY?

They must be your heirs (if you make insurance with the bank, it will be the bank). They will collect life insurance and decide if they cancel the mortgage or if they prefer to continue paying the fees and use the money for something else. You cannot trust all the banks, as the Supreme Court has indicated before several cases of banks that did not cancel the mortgage.