In a context where financial planning becomes crucial for families, SegurChollo has launched a new tool that promises to facilitate the management of economic benefits in the event of death or occupational disability. The free Widow’s, Orphan’s, and Disability Pension Calculator allows users to quickly and accurately estimate the assistance they may be entitled to.
The tool, accessible online, requests only some basic data to offer an approximation of the corresponding pensions in a matter of seconds, whether for widowhood, orphanhood, or disability. It focuses on two key situations: the pension that corresponds to survivors after the worker’s death and the disability pension that may occur due to illnesses or work-related accidents.
The relevance of this calculator becomes evident when considering the statistics on deaths and disabilities in the working-age population in Spain. According to the National Institute of Statistics (INE), more than 1.95 million people, around 6.3% of Spaniards between 16 and 64 years old, suffer from some type of disability. These figures are alarming, as well as the number of premature deaths that leave families without immediate financial resources due to causes such as work accidents, heart attacks, or oncological diseases.
The pensions offered by Social Security differ depending on personal circumstances and the degree of disability. In 2024, it is estimated that the orphan’s pension starts at just over 270 euros per month, while the widow’s pension starts at approximately 960 euros per month, a figure that may vary depending on family responsibilities. On the other hand, the permanent disability pension ranges from over 770 euros, depending on the severity of the disability.
However, these benefits are often insufficient to cover daily expenses, creating an urgent need for financial supplements. Therefore, SegurChollo’s Pension Calculator not only calculates the figures of public pensions but also provides the possibility to analyze how much it would cost to supplement them with a life insurance policy that provides between 100,000 and 200,000 euros in case of death or disability.
The importance of having life insurance becomes evident: expenses can increase significantly in situations of permanent disability, as they require home adaptation and medical treatment. The widow’s pension, in case of death, may not be enough to guarantee the financial well-being of survivors. An insurance policy that provides a substantial sum at these critical moments can offer the necessary stability.
The misconception that life insurance policies are prohibitive in terms of costs could deter some people. However, the calculator reveals that, for a relatively low monthly cost, significant coverage can be obtained, providing a safety net for any eventuality.
In conclusion, this tool not only seeks to offer financial peace of mind but also allows families to make informed decisions that positively impact their economic stability during the most vulnerable moments. In a world full of uncertainties, having this calculator represents a significant step towards effective and realistic financial planning.
Referrer: MiMub in Spanish