Having life insurance is a necessity today. Life insurance is a product that protects us against unforeseen events such as death or disability, or against problems that will not be covered by social security such as widowhood, orphanhood or disability.
But is life insurance worth spending money on?
Nowadays the main point to consider when hiring life insurance is the pension, since, if you contribute under the general Social Security scheme or you are a civil servant, there are contribution limits, as well as a pension maximum, so that if your income is high, the pension you will get may be much lower than your income.
Thinking that a social security pension will be generated or believing that what is received from it will be enough is a mistake when deciding whether to take out or renew my life insurance. Also, keep in mind that it is not necessary to link life insurance to the mortgage or other loans.
It is important to know that life insurance covers a need that we must assess in advance, and that, in general, financial institutions market products with a price much higher than what we can get regardless of their intervention.
At ABR we give you the possibility to choose the life insurance that best suits your needs. We like to be able to choose, and you?