Coverage for Death

This cover allows you to leave an insured capital sum to the beneficiaries of your choice so that, in the event of your death, they can receive it in the form they wish: either as a capital sum or as an annuity.


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Basic coverage for death

The Alternative Professional Plan is associated with a basic death benefit, which is automatically included at the time of contracting.

Basic capital for death
This is the accumulated balance of the mutualist at the time of death, a percentage thereof but not exceeding 10,000 EUR.
The applicable percentage is:

  • Up to the age of 65, 10%.
  • From 65 years of age 1.1%

Increase your coverage

Beyond the minimum cover included in your Plan Universal de la Abogacía, as a member you can increase the sum insured in the event of death…


You can hire the Flexible Savings Plan, exclusively with death coverage. In this way, and when the time comes to collect the benefit, the people designated as beneficiaries would obtain a more favorable tax treatment than in other Savings Plans.

In addition, the benefit would be taxed by the Inheritance and Donations Tax. On the other hand, contracted in the Autonomous Alternative Plan or PPA Mutualidad, the benefit would be considered work performance, and would be taxed by Personal Income Tax (IRPF), which has a higher tax burden.

Your premium

The premium depends on the capital subscribed and is adapted to your age each year.

How do you pay for it? You decide the payment term: annually or in instalments (half-yearly, quarterly or monthly), without surcharges.

See how little it costs to protect your loved ones
Initial monthly premiums* of the additional capital paid on death ¹
Age²For every 10.000 euros of sum insured
20 years0.27
25 years0.30
30 years0.28
35 years0.35
40 years0.59
45 years1.20
50 years2.49
55 years3.90
60 years5.77
64 years7.88
¹ Premiums are increased by the Consortium’s surcharge.
² Age is considered to be the age closest to 1 January.
* Fees expressed in euro.


The taxation of premiums and benefits corresponding to this coverage is treated differently depending on the system in which it is included.

Taxation of premiumsTaxation of benefits
premiums reduce the taxable income for personal income tax purposes up to the annual contribution limits for pension plans in accordance with current legislation. In addition, when Mutualidad is used as an alternative to the Self-Employed Persons’ Scheme, it is considered as a deductible expense of the professional activityThe benefits will be considered as income from work for the beneficiary, at the time of their receipt, whether he/she decides to receive them in the form of income, in the form of capital or in a mixed form. Benefits received in the form of capital will benefit from a 40% reduction provided that they are derived from contributions made up to 31/12/2006.

Your Death cover

All of Plan Universal de la Abogacía schemes have a basic death coverage which is automatically taken out when you join.

Frequently Asked Questions
With regard to Life Insurance, is Mutualidad de la Abogacía obliged to declare its beneficiaries to the General Register of Life Insurance of the Ministry of Justice?

No, Mutualidad de la Abogacía is exempt from sending this information, according to Law 20/2005 of 14 November on the creation of the Register of Insurance Contracts for death cover.

How can I find out, from the website, the amount of the death cover I have taken out and the beneficiaries I have designated?

Accessing the private area of the website with the access codes, the first screen you reach shows a breakdown of the different Plans contracted and in each one of them the corresponding coverage.

Does the death benefit have to be in the form of a lump sum or can it also be obtained in the form of an annuity?

Death benefits may be received by the beneficiaries in the form chosen by them from among the following:

  • In the form of a lump-sum capital payment. Payment may be made immediately on the date of the event giving rise to the contingency or deferred to a later time. In this case, returns are accrued during this deferral.
  • In the form of an annuity: this shall consist of the receipt of two or more successive payments at regular intervals, at least one of which must be made each year. The form of annuity can be financial (or periodic payments) or life annuity (payable monthly for as long as the beneficiary lives). The latter offers 5 types of annuities (annuity to be paid exclusively in the event of life, annuity with a certain payment period, annuity with reversion in favour of another person, annuity with partial return of the capital contributed in the event of death and annuity with total return of the capital contributed, the latter two with the possibility to opt for surrender).
  • Mixed form: a free combination of the above.
  • Benefits other than the above, in the form of non-regular payments, with the remainder of the accrued value retained.
Does the death cover of the Plan Universal de la Abogacía cover only accidental death or also death due to illness?

Death cover under the Plan Universal de la Abogacía covers death from any cause, whether accidental or natural.

We will tell more

Do you want to find out more? Contact us by phone or by email at

If you prefer, we will call you. A sales manager will contact you. We will be happy to help you with your questions!

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