Home insurance
Health insurance
Car insurance
Lifecare insurance
Savings and pensions
Funeral insurance
Payment protection

Why protect yourself when taking out a personal loan?

  • We’ll cover your personal loan debt in the event of disability or death Should you become totally and permanently disabled or die for any reason, our personal loan insurance will provide the insured party with the funds needed (up to the limit provided for in the schedule) to pay the outstanding loan amount. 
  • Should you become unemployed, we’ll cover your personal loan repayment Our Payment Protection insurance will be there for you in the event of unemployment or medical leave, depending on your employment status at the time of receiving the benefit.
 

 

New car? We can help you out with our car insurance

Insuring your vehicle is essential for both your safety and the safety of other drivers. Check out all the information on our car insurance and centralise your protection so you won’t have to worry about the unexpected. I’m interested
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Total Loan Protection

This option conveniently combines the premiums for life and payment protection insurance so that you only pay once. The premium can also be financed through the loan.

 
 

 Total Life Protection Insurance 

  • Protection in the event of death from any cause.
  • In the event of total permanent disability, you will also be entitled to receive the sum insured.

Funeral Protection Insurance 

  • Covers the monthly fee in the event of a disability.
  • Peace of mind in the event of unemployment if you have a permanent employment contract.

Main covers

Covers

Total Loan Protection

 

Total Life Protection

Payment Protection

Life Cover

-

Sum insured for death

-

Sum insured for total permanent disability (TPD)

-

Debt balances on cards and accounts up to €3,000

-

Payment Protection Covers

-

Cover of mortgage repayment in the event of unemployment if you have a permanent employment contract

-

Cover of mortgage repayment in the event of medical leave, if you’re self-employed or have a temporary employment contract

-

Insurance features

 

 

Type of payment

One-off

One-off

Term

15-20 years or up to the loan’s maturity date

Until maturity if loan < 5 years old

x Included

x Not included

FAQ

Have any other questions?

How can I check the capital sums and covers of my insurance?

Whenever you need to, you can view the sums insured and the cover included in your policy in your BS Online private area. To do so, enter the private area and select the product you wish to view.

How can I cancel my insurance?

First of all, we’re sorry to know that you want to leave.

How can I cancel my policy?

We have several phone numbers or channels for different products. You can view all of them here.

How long do I have to cancel my insurance?

If it’s an annual renewable policy, remember that you can inform us that you want to cancel the policy up to 1 month prior to the renewal date.

 

What’s the difference between life and funeral insurance?

A life insurance policy provides a sum insured to the beneficiary upon the death of the insured. The beneficiary can be a family member, friend or a bank if you have a mortgage. Life insurance can be taken out with a sum insured starting from €50,000, a capital sum that will provide your loved ones with money if you are no longer around. Click here to find out more about our life insurance.

In contrast, a funeral insurance policy offers you a complete and personalised service that covers all expenses related to the funeral and begins immediately from the time the company is informed of the death. If a person has a funeral insurance policy, their family members will have part or all of the insured’s funeral expenses covered and can thus be free of financial concerns and focus on what really matters at such a difficult time. Click here to find out more about our funeral insurance.

 

What happens if I am diagnosed with cancer shortly after taking out life insurance?

Cases of cancer diagnosed during the first six months of the insurance period are not covered.

Can I take out a life insurance policy knowing that I suffer from a degenerative disease?

The consequences of illness or accident occurring prior to the entry into force of this insurance are not covered.

Protect your future with our mortgage protection insurance.

We know how thrilling it is to buy a house and start a personal or family project. Getting a mortgage means taking on long-term debt. In order to protect yourself against unforeseeable circumstances or changes in employment status, you need to insure debt repayment. Find out about all the advantages of our mortgage insurance! I’m interested
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Find out about other policies

*Covers and services subject to the policy’s terms, conditions, limitations and exclusions as set out in the terms and conditions and schedule.

Total Life Protection and Constant Capital Life Protection are insurance products issued by BanSabadell Vida, Sociedad Anónima de Seguros y Reaseguros, holder of Tax ID No. A08371908 and with registered office at Isabel Colbrand 22, 28050, Madrid. Registered in the Madrid Companies Register and in the Insurance Entities Register of the Directorate-General of Insurance and Pension Funds (DGSFP) under code C-0557. 

Payment Protection is a policy issued by BanSabadell Seguros Generales, Sociedad Anónima de Seguros y Reaseguros, holder of Tax ID No. A-64194590, with registered office at Calle Isabel Colbrand 22, 28050 Madrid. Registered in the Madrid Companies Register and in the Insurance Entities Register of the Directorate-General of Insurance and Pension Funds (DGSFP) under code C-0767.

Insurance brokered by BanSabadell Mediación, Operador de Banca-Seguros Vinculado del Grupo Banco Sabadell, S.A., holder of Tax ID No. A-03424223, with registered office at Avenida Óscar Esplá, 37, 03007 in Alicante, and registered in the Alicante Companies Register and in the Administrative Register of Insurance and Reinsurance Distributors of the Directorate-General of Insurance and Pension Funds (DGSFP) under code OV-0004, having taken out a liability insurance policy pursuant to prevailing regulations on private insurance and reinsurance distribution.