In a life insurance which is the taxation in the event of death of the insured person
- If the beneficiary is an individual, the payment will be subject to Inheritance and Gift Tax (if there are several beneficiaries, each will pay tax on the part that corresponds to them).
- If the beneficiary is a legal entity the payment will be subject to corporation tax.
Which is the period of lack in a life insurance
We do not apply an exclusion period to life insurance, the coverage is effective from the moment you contract the insurance.