IndividualsInsured amount M€34 Policies processed2.800 Clients2.300
Funeral insurance
At JORI we are committed to offering you maximum peace of mind and support in the most difficult moments of life.
In short
What is funeral insurance
Funeral insurance covers the organisation and full cost of the funeral service, as well as the processing of all documentation following the death. Its real value is not only in the amount —a funeral in Spain currently ranges between €3,500 and €6,000— but in ensuring the family does not have to decide, negotiate, or manage arrangements in the first forty-eight hours.
Advantages
Advantages of funeral insurance
It is the only insurance whose greatest value is received by someone who did not take it out.
No one decides while in shock
Choosing a coffin, funeral parlour and ceremony while coming to terms with the loss is a burden that no one is in a position to bear. With a policy, a manager resolves it and the family only accompanies.
Zero outlay at the worst moment
A funeral costs several thousand euros that must be advanced before accessing any inheritance, which is usually blocked for weeks.
The price does not increase with age
With a level premium, the cost remains stable for life. Taken out late, the same service becomes difficult to afford with a pension.
Subsequent procedures, resolved
Certificates, civil registry, cancellations and inheritance guidance are managed from the same service. These are weeks of procedures that someone would have to do.
Profile
Who it is for
Families who want it resolved
Those who prefer their children not to have to make decisions or advance money.
Elderly people
Profile where a single premium or settled payment prevents the cost from increasing with age.
Families with members abroad
Situations where international repatriation of the deceased is a very high expense.
Households with a tight budget
Families for whom an unexpected expense of several thousand euros would be a serious problem.
Scope
Main covers of funeral insurance
- Complete funeral service: coffin, funeral parlour, ceremony, cremation or burial
- National and international transfer of the deceased to the place of burial
- Processing of death certificate, civil registry and administrative procedures
- Advice to the family on inheritance procedures and cancellation of services
- Travel assistance and repatriation if death occurs outside the home
- Levelled premium modalities, single premium and paid-up
The JORI method
How we work
Risk analysis
We study the activity, assets, and plausible scenarios. Without that diagnosis, comparing policies is comparing prices of different things.
Programme design
We define covers, limits, deductibles, and acceptable exclusions. We decide what is transferred to the insurer and what is consciously retained.
Negotiation with the market
We present the risk to the insurers we work with and negotiate terms. We are independent: we do not belong to any company.
Support and claims
We review the programme at each renewal and, when a claim occurs, we act as your technical representative with the insurer until payment is received.
Frequent doubts
Most frequently asked questions about funeral insurance
How much does a funeral service cost today?
In Spain, it usually ranges between €3,500 and €6,000, with notable differences by province and type of service. This is why reviewing the capital of an old policy is so important: many remain at figures from two decades ago.
What is the difference between levelled premium and natural premium?
The natural one increases every year with age and becomes very burdensome in advanced ages. The levelled one is calculated to remain stable throughout life. If the goal is to avoid surprises at eighty, the levelled one is the sensible option despite costing more initially.
Can I choose the funeral home I want?
It depends on the policy. There is a free choice modality, in which the insurer reimburses up to the contracted capital for the service the family chooses. We always review it, because at the time of death families usually have a specific preference.
Is there a waiting period when contracting?
Usually six months for death by illness. Death by accident is usually covered from day one. Once the waiting period is over, the cover is complete and lifelong.
What happens if I cancel after years of paying?
In levelled premium policies, a mathematical provision is generated, and upon cancellation, you may be entitled to a surrender value or a reduction in capital. It is advisable to consult this before cancelling, as many people cancel old policies without knowing they have accumulated value.
Does it cover the transfer if I die abroad?
If the policy includes international repatriation, yes, and it is one of the most valuable covers: a transfer from outside Europe can exceed €10,000. It is advisable to verify this expressly if travelling frequently or residing temporarily abroad.
Funeral
