What does the Banco de la Nación funeral insurance cover and what are the exclusions?

One of the most painful experiences for a family is the death of a loved one. Not only does it affect the peace of a home, but it generates a set of expenses to cover funeral services. In this situation, the Banco de la Nación makes burial insurance available to its users that will cover this payment to guarantee a dignified burial. If you want to know the coverage of this subsidy, how to access it and other details, continue reading this note from La República.

Funeral insurance from Banco de la Nación: what risks does it cover?

In order to cover the expenses of funeral services and support families in these difficult times such as the loss of a loved one, Banco de la Nación offers its clients funeral insurance. Below, find out the amounts that are part of the coverage provided by this financial institution:

• Funeral: In the event of death, the beneficiaries will be compensated with an amount of S/3,000, depending on the policy or successors of the insured.
• Mourning: S/3,000, in the event of death and in addition to the funeral coverage, the beneficiaries will be compensated according to the policy or successors of the insured.
• Transfer: S/800, in the event that the death does not occur in the city of origin of the insured, the beneficiaries will be compensated according to the policy or successors of the member.
• Educational benefit: S/1,200 for each child (maximum 3).
• Accidental death: If the death occurs within 90 days of the accident occurring, an additional payment will be made to the insured’s beneficiaries.
• Sudden family helplessness: S/10,000 to the beneficiaries of the insured, according to the policy or successors of the affiliate.
• Assists: medical, psychological, pediatric and nutritional guidance via telephone. For these communications, you must call (01) 701-2579.

Banco de la Nación funeral insurance: what are the exclusions?

If you purchase this funeral insurance from Banco de la Nación, keep in mind the main exclusions before activating it:

• Accidents that occur when the insured is under the influence of alcohol or drugs or sleepwalking.
• Acts that violate current laws or regulations.
• Pre-existing diseases (hypertension, diabetes and asthma are not considered pre-existing).
• Congenital diseases or defects manifested at any stage of life.
• The practice or performance of any risky activity, profession or trade, as well as dangerous sports (does not apply to members of the Armed Forces and the National Police).

Funeral insurance from Banco de la Nación: what are the plans?

According to the information contained in the National bank On its website, this insurance that covers funeral expenses has two plans and its rates are subject to variations:

1. Plan 1 (individual): the premium payment is S/4.70 and parents, siblings, uncles, nephews, godchildren or any third party may be included.
2. Plan 2 (family): the premium payment is S/18.90 and covers the owner, spouse and up to 3 children under 18 years of age.

Funeral insurance from Banco de la Nación: what are the requirements?

1. Be under 70 years old and be a customer of the National bank
2. Have a MultiRed Debit card
3. Present the national identity document or immigration card
4. In the case of clients of the National bank who contract plan 1 (individual) of funeral insurance and those who are designated as insured in the policy, must be accredited and sign it.

Funeral insurance from Banco de la Nación: how to access it?

• Go to the agency National bank closest to your home in Metropolitan Lima or in the provinces, according to the corresponding opening hours.
• Request affiliation for funeral insurance coverage by presenting the respective documents to the bank’s customer service staff.
• Sign the contract to obtain burial insurance. Remember that if you contract plan 1, you and those who are designated as insured in the policy must be accredited and sign said document. If the person responsible for payment signs in the insured’s box or leaves it at the bank, the sale will be invalidated.
• If you have any questions or complaints about the policy, please call (01) 615-5700.