“They informed me well, and they called me at the time I requested. 100% recommended. Thank you.”
Ava Stratton
“They deliver on what they promise. I am satisfied with the coverage and price they offered me. Very punctual. Thank you very much.”
JamesPrescott
What is a Death Insurance – Funeral Insurance?
Definition of Death Insurance
Death insurance, or funeral insurance, is a policy that covers the expenses associated with the burial or funeral of the insured up to the insured capital limit in the event of the insured’s death. These expenses cover services such as the funeral home, the coffin or casket, as well as obituary notices, the hearse, and the cremation or burial of the deceased, or their repatriation to the desired country, along with administrative and legal assistance and other complementary coverages that will be explained below.
The coverages offered by death insurance vary depending on the insurance provider and are highly customizable according to the interests of each insured, with the option to purchase coverage either individually or for multiple insured persons.
The price of death insurance can vary depending on the age of the insured and the additional coverages included. Below, we will explain in detail everything related to this policy.
There are several types of funeral insurance policies: 👇
Types of Death Insurance in Spain
There are several types of death insurance in Spain, but here we have prepared a summarized and personalized guide to answer any questions you may have. However, the age limits may vary depending on the death insurance company.
At SegurodeDecesos.Org, we offer free advice and collaborate with more than 34 death insurance providers. We guarantee the best coverage and price according to your specific case. We are confident that we will not disappoint you.
Death Insurance Premiums
Death Insurance with Natural Premium or Annual Renewable Premium
Death Insurance Premiums
Death Insurance with Natural Premium or Annual Renewable Premium
Death Insurance with Semi-Natural Premium
Death Insurance with Semi-Natural Premium
The Semi-Natural Premium of the Death Insurance policy varies every certain number of years (generally every 5 years) according to the age of the insured at that time, until reaching a specific age.
Death Insurance with Level Premium
Death Insurance with Level Premium
With the Level Premium, the premium rate is constant and is adjusted depending on the sums insured in the Death Insurance policy.
Death Insurance with Mixed Premium
With the Mixed Premium, it combines patterns from the two previous premiums: Natural and Level. On one hand, the mixed premium adjusts like the natural premium according to the risk associated with the insured’s age. Upon reaching a middle age, the mixed premium, compared to the natural premium, begins to level off until it reaches full leveling at advanced ages.
Single-Premium Death Insurance
With the Single Premium, as the name suggests, it is a one-time payment (although some death insurance companies offer the option to pay in two or three installments). This type is designed for people over 65 years old or with certain health conditions that prevent them from contracting other types of premiums.
What Type of Death Insurance Suits Me in Spain?
Conditions to Contract Death Insurance in Spain
Until What Age Can I Contract Death Insurance?
The age at which you can contract death insurance varies depending on the insurance company. Generally, a death insurance policy can be contracted up to a limit of 65 years, but some more flexible companies allow the policy to be contracted up to 84 years. At SegurodeDecesos.Org, we can provide free advice on this matter so that you can find the best policy according to your specific case.
Can I Contract Death Insurance with NIE or Passport?
It is increasingly common to encounter people who travel to Spain for permanent residence. Any death insurance company will allow you to contract a death insurance policy with an NIE or residence card, but very few allow contracting a policy using only a passport.
In cases where residency in Spain is temporary (for studies, family visits, tourism, etc.), it may not be necessary to request an NIE or residence card, and the passport may be sufficient.
It is definitely possible to contract a policy using only a passport, although this option is very limited. At SegurodeDecesos.org, we will guide you through the process for free to help you find the insurance that best suits your situation.
Can I Choose a Cemetery in Death Insurance?
Of course! You can choose any cemetery within the Spanish territory.
Is a Funeral Home Mandatory in Death Insurance?
The funeral home is not mandatory in death insurance. However, those who choose not to use a funeral home must hire refrigerated storage services and observe the 24-hour waiting period required by Spanish law.
If I Change My Death Insurance, Do I Lose My Seniority?
Seniority in death insurance is not as important as commonly thought. The most important factor when calculating the price of a burial insurance policy is the age of the insured. The price increases or decreases based on the insured’s age. From a certain age, the only available option in death insurance is the single premium plan.
Can I Choose Between Burial and Cremation in Death Insurance?
Yes, you can choose between burial and cremation at the time of the insured’s death. The insured or their family can select either option.
Can I Change My Current Death Insurance?
Yes, you can change your death insurance in Spain as many times as you want, with the only condition being that the current annual term of the insurance has ended. No money or benefits accumulate, except for any commercial offer the insurer may make to retain you with a more attractive plan.
How Can I Cancel a Death Insurance Policy?
You can cancel it by notifying your death insurance company in writing at least one month before the policy’s renewal date. That is sufficient.
Can I Get Death Insurance with a Serious Illness?
In many cases, people don’t consider death insurance until a life event changes their perspective, such as the death of a close relative or simply aging. Unfortunately, it is not possible to obtain death insurance in Spain with a serious illness due to high risk. According to Spanish Law (Article 10, Law 50/1980, October 8), the insurer is exempt from paying any compensation if false information is provided in the medical questionnaire, omitting pre-existing serious illnesses.
Death insurance can be contracted once the illness is overcome without serious aftereffects. This depends on each insurer. If you want more information, fill out our form, and we will provide guidance free of charge and without obligation.
How Much Does a Burial Cost Without Death Insurance in Spain?
The cost of a burial without death insurance in Spain varies depending on the province and the organization of the funeral. A basic burial may cost around €3,500 without extras, according to OCU, while a full burial with all extras can reach around €6,000. Depending on the type of burial, costs can rise up to €10,000.
If repatriation is needed, the cost will depend on the destination country. A burial without death insurance can become very expensive, which is why death insurance is one of the most contracted insurances in Spain
Expenses Associated with a Burial in Spain Include:
Coffin: Depends on the model and quality. A simple coffin can cost around €700–€800, not including higher-quality models.
Funeral Home (Tanatorio): Depends on the city of residence, but the price does not go below €600 in Spain.
Funeral Car: Around €500. This is usually a mandatory service, required for transporting the deceased to the cemetery or crematorium.
Religious Service: A symbolic cost of approximately €60.
Cremation Urn: Usually quite affordable, starting from €60, depending on the chosen material.
Cremation: Costs range between €250 and €700. This method is often used to save costs or according to the deceased’s wishes.
Tombstone: Depending on the material, quality, and design, the average cost of a tombstone is around €500.
Niche: Highly dependent on location; prices generally range from €150 to €500 per year. For cremation urns, a niche costs approximately €300.
Fees and Certificates: Certificates cost around €150. The family or a close person is responsible for registering the deceased with the civil registry. Many additional administrative steps follow, which would be simpler if a death insurance policy is in place.
Additionally, there are other essential additional expenses such as:
Flowers: Depend on the season, quantity, and type of flowers needed. The price ranges between €50 and €1000, fully linked to quality and quantity.
Remembrance cards: These are cards distributed so that the deceased is remembered among those present. The price ranges from €0.80 to €1 per card.
Obituaries: Publication in media and newspapers about the deceased with a personalized and special note, ranging from €400 to €500.
All these costs can later increase, potentially becoming higher when VAT is applied and due to the growing demand for death-related services, as the mortality rate in Spain is rising, which can drive prices up.
What if I Own a Burial Niche?
Purchasing Death Insurance with an owned niche is not mandatory. If you already own a niche, you can reach an agreement with the insurer or select coverage that excludes it to reduce the premium to be paid.
Which Death Insurance Do You Recommend?
This depends largely on your age.
What Are Alternatives to Death Insurance in Spain?
The only alternative we can recommend is Life Insurance, but only if you are under 60 years old. Above that age, premiums increase significantly. Life insurance still provides economic compensation, and we can advise you for free to choose what suits you best, without any commitment.
Differences Between Death Insurance and Life Insurance
The differences are simple: death insurance covers all expenses related to the funeral or burial of the deceased, while life insurance provides a certain sum of money (capital insured) that is paid as a benefit in case of permanent or total disability, or to your designated beneficiaries upon death. Coverage depends on the insurer you choose.
Do I Need Death Insurance If I Already Have Life Insurance?
If you already have life insurance, we generally do not recommend taking out death insurance, as it would only increase your monthly expenses without guaranteeing sufficient additional benefits. The only case we recommend it is if your life insurance only covers your mortgage in the event of death. In that situation, it is necessary. In any case, we can guide you for free in both reducing the cost of your life insurance and finding the ideal death insurance according to your specific case, without commitment, by filling out our form above or selecting the life insurance option.
Main Guides to Death Insurance in Spain
Getting the best death insurance in Spain is not easy but can save your family if the unthinkable happens. Losing a loved one is already extremely difficult, making it hard to manage the necessary procedures, not to mention the financial burden of a funeral. That is why SegurodeDecesos.Org guarantees the best price and coverage to face these difficult moments. Here are some of our main guides that may be useful to you.
What is a Death Insurance – Funeral Insurance?
Definition of Death Insurance
Types of Death Insurance in Spain
Death Insurance with Semi-Natural Premium
Single-Premium Death Insurance
Until What Age Can I Contract Death Insurance?
Is a Funeral Home Mandatory in Death Insurance?
If I Change My Death Insurance, Do I Lose My Seniority?
Additionally, there are other essential additional expenses such as:
At SegurodeDecesos.Org, we offer free and no-obligation advice in all provinces of Spain.