When a citizen dies in Peru And it is known that the person had money saved in a banking entity, it is important to clarify what happens with those funds. In this sense, it is essential to understand if the bank can keep the amount that saved or money can return to family members.
In that line, it is important to know what happens in these types of cases. In this we do not explain it to you for the financial security of all people.
Can the bank keep the savings of a citizen who died in Peru?
According to Eduardo Chávez, Legal General Manager of the Peruvian Association of Insurance Companies (APSEG), in an interview with the Republic, the bank does not appropriate the money of a saver that dies. In case of this unfortunate event, relatives must present an intestate succession or a declaration of heirs. Once the declaration is made, the legal heirs can access the funds that the person maintained in the bank.
“If you are a bank saver and unfortunately you die, that money is not going to be the bank. What family members have to do is present the Intestate successionor also called DECLARATORY OF HEIRSand once the declaration is presented, the legal heirs of the bank will be able to access the money of those who in life maintained their savings, ”Chávez said.
If a person dies, what happens to their debts?
In relation to the debts that a person can have with a bank at the time of their deathChávez explains that there are two modalities activated by insurers. The first modality, the most common, covers the balance of pending debt in case of death or permanent disability. In this situation, the insurer is responsible for paying the debtor balance, and family members do not have to make any disbursements.
“When you secure the unpaid balance, if the credit holder dies or remains permanent and total disability —That does not allow you to generate income—automatically the insurance company takes over the absolute debtor balance and family members do not have to pay anything, ”added Chávez.
In the second modality, less requested due to its high cost, the initial amount of the debt is covered. In this scenario, if the holder dies or is invalid, the insurer issues two checks: one to the bank for the balance of the debt and another to the legal heirs due to the difference with respect to the initial amount.
“If the person dies or is totally and permanently invalid, and cannot generate income, the insurance company revolves two checks: one in the bank’s name by the balance of the debt and another second check due to the difference with respect to the initial amount in favor of the person’s legal heirs, ”he said.
What is the Insurance of Disagame and what is its importance when they have debts in Peru?
Disagamen insurance is a financial protection that covers the payment of a debt in adverse situations such as death or total and permanent disability of the insured. This coverage provides tranquility to the heirs, freeing them from the responsibility of paying off the debt in case the credit holder in front of difficult circumstances.
“If the card or loan holder for some circumstances dies – either of natural death or accidental death – or is in a state of total permanent disability and cannot generate income, the insurance company will take care of the Debt that this person maintained (…). That is, relatives will not have to pay absolutely anything, ”says Chávez
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Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
