Life policy in Norway. Do you live in Norway? Do you travel a lot? Do you want to take care of yourself, your family and loved ones? We present a transcript of a conversation with Michał Kuczkowski regarding life insurance (livsforsikring). This type of insurance is especially recommended to people who have a family, spouse or cohabitant to support. It is worth providing them with financial support in the event of any random accident. Listen to the interview transcript and choose the best life insurance.
Policy in Norway - when is it paid?
The beneficiary or his family receives funds from life insurance in the case of:
- death,
- serious illness.
The amount of payment and the situations in which a given amount is paid depends strictly on the scope of insurance and the contract we have signed with the insurance company. It is worth noting that when signing the contract, the beneficiary can determine in what form and when the insurance will pay out in the event of his death. The family can use the insurance obtained for, among other things, coverage related costs with organizing the funeral of a deceased person or with covering debts.
Be sure to read: What is covered by home insurance in Norway
Life policy in Norway - price range
At the same time, it is difficult to say what the price will be Insurance. Insurance companies' offers may vary. We will receive the total amount and full offer after contacting the insurer. It is good to meet in person and discuss everything in private. The price and rules of insurance may vary and depend primarily on the customer's age company insurance, his education, economic opportunities. A very good move is to buy insurance that would cover our entire debt.
When will the family receive the insurance payment?
Life policy and tax
Now we come to an issue that still raises many doubts. Whether the family of the deceased or sick person does he pay tax when he receives the insurance? Typically, if the marriage lasted at least 2 years, there is no such requirement. However, all rules are specified by a specific insurer in a given contract. We recommend reliable reading contracts – it's worth it be aware of what we are signing and under what conditions.
Listen to the conversation - it's worth buying life insurance. Take care of ours family and loved ones.
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