Reasons to cancel a life insurance policy
These are those that allow the user to access the service with some general characteristics predefined according to a series of criteria in the user’s terminal, such as, for example, the language.
The insured is the natural or legal person exposed to the risk, be it his or her person, property or assets. In a general sense, the insured is the person who takes out the policy with the insurance company. He undertakes to pay the premiums and is entitled to collect the indemnities arising as a result of a loss.
The general conditions of an insurance contract are the set of clauses defined by the insurer. They are the provisions governing the contractual relationship between the insured and the insurer. Their purpose is to give a certain uniformity to insurance contracts. The content and form of the general conditions are established in accordance with the legislation in force and are focused on consumer protection.
The excess is the amount of money, fixed in the policy, which is deducted from the indemnity paid by the insurer in the event of a claim. In other words, it is a way for the insured to participate in the cost of the loss and assume part of the risk.
Insurance that gives you your money back
As we have already said, you should not think that all credit cards offer the same level of insurance. The differences between one and another will be established in the proposal of each financial institution. However, the most common coverage included in this type of product refers to theft or loss, accidents and travel.
This type of coverage is present in most credit cards, with the cardholder as the insured, and with the main function of protecting the possible credit available on the card balance in the event of death. In addition, it is also presented as a family protection insurance with higher indemnities in some cases. This insurance policy will remain in force as long as the ownership of the card is retained. Thus, if this person dies, his relatives receive an indemnity that is established in the insurance contract itself.
This is another of the most requested insurance policies by users. Credit cards are one of the banking products with the most fraudulent problems in their daily use. This is why most banks include insurance policies related to credit card theft and fraud. This type of insurance covers charges made on the cardholder’s account without his or her permission. As well as the possible cloning of the cards.
If I cancel a life insurance policy, I get my money back.
Equal parts into which the capital stock of a company is divided. With these, the capital of the company (issuer of shares) is financed, granting the shareholder property and rights proportional to the amount of shares under its possession.
All assets owned by the company. It is a resource from which economic benefit is expected to be obtained, based on its potential to contribute to income generation or cost reduction.
Different investment transactions in securities and rights to real estate of immediate realization or documents expressive of credit, which generate such securities. These investments may vary between equity investments in other companies, loans to the company’s own personnel, credits on other entities, preferential subscription rights or options.
That part of the income that is not spent on consumer goods and services. The purpose of this reserve is to provide for future contingencies or to make an investment. It constitutes the difference between income and expenses. These securities are generally deposited in financial institutions in exchange for interest; banks use such deposits to grant loans or make investments. It is therefore believed that there is a relationship between savings, investment and capital formation.
If I cancel an insurance policy, I get my money back from bbva.
It is necessary to talk about life insurance. In life insurance, it is essential to know if you are affiliated to one, how much you pay for it, what the terms and conditions are, and what will happen and to whom the money from this tool will go in the event of your death.
This consultation can also be done through SIAB-VIDA , either online or in person at any of the Condusef subdelegations. The procedure is free of charge and the following documents in original and copy are required: