Life Insurance in Spain.
Insurance Companies vs Banks





02 Feb 23



Do you have a mortgage or are you looking into taking out a mortgage in Spain? Then this message is especially for you.


When it comes to Banks and mortgages in Spain, they can be very cheeky and as a consumer, you need to be aware of your rights and not be pressured by the requirements the banks impose upon you for a mortgage.


The banks will request you to take out a life or/and home insurance in order for your mortgage to be “subsidised”, this is with reduced interest. However, we at efpg Insurance Brokers have done the maths and 91% of the time, the “non-subsidised” mortgage, (by taking out life and home insurance from an independent insurance company) is cheaper than the subsidised option.





We are living in times where every little saving helps; studies have shown that the cost of life insurance contracted through an independent Insurance Broker is 50% cheaper than through the bank. We can show you the comparison and the savings you can make.


We at efpg, as an independent Insurance Broker, are here to help you find alternatives to your home and life insurance offered by the bank with better cover and cheaper rates to help you save money. This applies whether you have just set up or you already have a mortgage.


We are specialists in Expat Insurances and in Life insurance in Spain, our qualified advisers will support and guide you through the whole process of taking out a life insurance in Spain.


efpg, Here for what matters most!



Office Hours:
*MON - THURS - 9AM - 5PM
*FRI - 9AM - 3PM





Insurance emergency:


ROAD ASSISTANCE: 902 760 458


Medical Assistance (travel claims): 910 551 602


Generali:

INTERNATIONAL ROAD ASSISTANCE: 934 890 503


NATIONAL ROAD ASSISTANCE: 900 101 369


HOME ASSISTANCE: 900 556 000


REALE:

CUSTOMER TRAVEL ASSISTANCE: 900 455 900


INTERNATIONAL ASSISTANCE: 34 91 393 90 30


*Generali's toll-free telephone number for various 24-hour assistance:

900 243 657


*Free Generali car phone number for 24-hour roadside assistance:

900 101 369


*Statement to the Insurance Compensation Consortium: 952 367 042


*Assistance in homes and businesses 912 721 923 / 935 211 334


*Roadside assistance 900 30 20 20


*Claim declaration Exclusive claims management telephone number affected by DANA:

933 272 928


*Common channels:

933 270 943

siniestros@fiatc.es


*Digital channel for mediators:

e-mediador.fiatc.es


*Digital channels for clients:

e-cliente.fiatc.es

FIATC App





EUROPEAN FINANCIAL Planning GROUP SL