The moment of death of a close relative brings a feeling of loss and much regret for the families of the deceased. These feelings are aggravated by the anguish of organizing the burial, of solving all the administrative procedures and of the significant expense involved.
Dying in Barcelona is expensive. Barcelona is, after Girona and Madrid, the place in Spain where we pay the most when we die. So while in Spain, the average cost of a funeral is around 3,500 euros, in Barcelona it can go up to 6,500 euros, according to data from the Barcelona City Council. These costs are estimated for funerals without cremation and include the cost of the coffin, transportation and preparation of the deceased, flowers, administrative paperwork, tombstone, obituaries, funeral home, religious ceremony and cemetery. If incineration is chosen, costs are reduced.
It is for this reason that people, who want the peace of mind that when the time of death arrives their relatives will not have to worry about anything, they opt for the hiring of a death insurance. This type of insurance guarantees that in the case of the loss of a loved one, the family will have the support of an entity that will take care of everything related to the funeral and subsequent administrative procedures, to obtain the death certificate, pensions for orphanhood and widowhood, low Social Security, etc. and that all this will not imply an economic expense.
In the market there are different types of deaths that can help the contractor to find the policy that best suits their needs.
Level premium insurance
Where the premium is calculated based on the age at the time of contracting the policy and which is not increased by the passage of time. It is the best policy to avoid surprises because you always know the amount of the receipts.
Natural premium insurance
The premium is regularized annually in relation to the insured’s age, very little is paid when he is young and the premium increases as he grows older.
Mixed
insurance A very cheap natural premium insurance for young people that from a certain age becomes level, to avoid surprises when they get older.
Atlántida makes three different types of contracts available to its policyholders:
– Classic Deaths , level premium insurance. It is the best policy to avoid surprises because you always know the amount of the receipts.
– Decesos Basic , a natural premium insurance for foreigners residing in Spain. This is an especially interesting coverage, since it guarantees them that they will return home with their own and that they will not have to worry about the procedures (bureaucratic papers, repatriation permits, conversation fridge until the transfer, the shroud …) or the expense that this can suppose. This policy covers up to 65 years.
– Duplo , which until the age of 55 is a natural premium policy and from the age of 56 it becomes a level premium. The best option for young people or family policies.
In addition to comprehensive funeral service coverage, most insurances include other valuable services for their policyholders.
