Life Annuity Savings Insurance

Real Estate Life Annuity Insurance

What are life annuity insurance policies and how do they work?

An annuity policy can be purchased in two ways: a single capital contribution (single premium) or multiple contributions (extra premiums), depending on the type of insurance and the insurance company offering it. Once accepted, the annuity policyholder is guaranteed a monthly income until death.

  • Enjoy a lifetime income right away

    Enjoy a lifetime income right away.

    Once you make your one-time contribution, you will have a guaranteed monthly payment for life, complementing your monthly income.

  • Great tax advantages

    Up to 92% savings!!!

    In some types of life annuities (not all), they can be established from the capital received from the sale of a home, and this transaction would be exempt from personal income tax due to capital gains (provided the requirements established by current tax legislation are met).

  • Possibility of redemption of the contributed capital

    If you have purchased death coverage, you can request a full surrender of the policy from the first year. This way, if necessary, you know you can always count on your money. Please note, however, that partial surrenders are not available.

  • Death coverage

    You can choose from four different types of death coverage to complement your life annuity.

    • Modality A: The amount of the premium contributed + an additional 5% will be paid (maximum €601.01).
    • Modality B: 50% of the premium contributed will be paid.
    • Modality C: The amount of the premium contributed will be paid during the first five years and will decrease linearly by 20% every five years.
    • Modality D: Without insured capital in the event of death.
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Life Annuity Savings Insurance

Enjoy an immediate income for life.


This savings insurance also includes

death coverage.

Add Peace of Mind to Your Retirement



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The pension to which Spaniards over 65 are entitled in Spain, or the one we will receive in the future, will not always be sufficient to cover basic expenses.


Real Estate Life Annuity

The concept of real estate life annuities has recently been embraced by many people.

The first thing you need to know is that a real estate life annuity is a contract formalized before a notary, which allows you to transfer your ownership in exchange for receiving a monthly income and the right to live in your home until the day of your death.

Also included in the Civil Code, in articles 1802 to 1808, is the owner's life usufruct, with the possibility of renting out the property. In fact, by doing so, he or she can achieve a higher income, allowing him or her to improve his or her purchasing power without leaving his or her home.


How does the Real Estate Life Annuity work?



3 types of real estate life annuities.


  1. Classic: This consists of a property sale, the payment of which will be delivered to the seller in monthly installments. It distinguishes between ownership rights and usage rights, with the former being a right held by the financial institution and the latter by the seller. Another important detail is that the minimum age to access this type of income is 70 years of age.
  2. For wanting residential care: If you have already made the decision to move to a senior residence, then in this second type you do not retain the right to remain in the home you have sold.
  3. And finally, the Staggered Payment: This consists of splitting the monthly payments so that you receive the majority of your rent payment in the first years of the contract (this can last between 15 and 20 years).


A life annuity is a simple and secure option for those seeking additional income, without losing the use of their own home.

We thoroughly evaluate the market options and the real value of your property. If you agree with the appraisal, we sign a written agreement before a notary, outlining the terms of the transfer of the property. This agreement does not take away the usufructuary's right to live in the property until the day of their death. This way, you get the peace of mind you deserve.


Want to know more?

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  • We will evaluate the market options,
  • We will find the best real and updated price for your property.
  • And the best way to receive your life annuities
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