3, 2, 1. How long it takes to collect Life insurance

First you will have to request a Life Insurance Certificate for death from the Ministry of Justice. If you are a beneficiary, you must identify yourself with your DNI before the insurer. You will provide documentation of the deceased: family book and death certificate, Last Will, testament, and proof of payment of the Inheritance Tax. Once all this is presented, you will be paid in 40 days.

In 2021, almost 246,000 people learned about Life Insurance from a relative and of which they could be beneficiaries, which represents an increase of 2.46% compared to the previous year.