Creand Life Business Financing
Creand Life Business Financing is a life insurance policy that, in the event of the death or total permanent disability of the insured, covers all debts (overdrafts, loans, credits, etc.) due to the bank accounts with which the insured is linked.
Features
- Creand Life Business Financing is suitable for the owners or administrators of a company.
- The insured capital is equivalent to the total debt owed by the insured in connection with Creand accounts.
Advantages
- L’assegurança garanteix no haver de fer-se càrrec dels deutes del difunt als familiars més propers . The policy guarantees that responsibility for debts does not have to be assumed by the nearest relatives of the deceased.
- The premium is proportional to the debt insured, so that it is reduced as the loans are repaid.
Benefits
- The maximum capital that can be insured is equivalent to total debts of 900,000 euros.
In the event of a claim
Beneficiaries must report the circumstances giving rise to the claim within 90 days from the date on which they occurred.
In the event of the total permanent disability of the insured, a medical certificate must be presented specifying the reason or illness causing the disability and a certificate from the CASS that specifies the percentage of disability.
In the event of the death of the insured, a death certificate from the Civil Registry must be presented.
In the event of a claim
Beneficiaries must report the circumstances giving rise to the claim within 90 days from the date on which they occurred.
In the event of the total permanent disability of the insured, a medical certificate must be presented specifying the reason or illness causing the disability and a certificate from the CASS that specifies the percentage of disability.
In the event of the death of the insured, a death certificate from the Civil Registry must be presented.
FAQ
If you have questions about our products, take a look at the answers to frequently asked questions in this section.