Personal · Independent · English speaking · Since 1998
Life Insurance
in Mallorca
For English speaking expats and residents: protect your family, mortgage or business with an independent comparison of several insurers and personal advice in English.
- Advice in English with no need to speak Spanish
- Independent comparison instead of relying on a bank offer
- Independent broker since 1998
- Local support in Llucmajor
Request a quote
Takes about 3 minutes to complete. We reply within 24 hours.
We compare leading insurers for you
Our complete insurance range in Mallorca
Complete protection from one local broker
Three simple steps to the right policy
Send your enquiry
Complete the form in English in just a few minutes. Your details help us find the most suitable option.
Personal conversation
Our English speaking team will contact you within 24 hours by phone or email, whichever you prefer.
Tailored quote
You receive a clear, no obligation comparison of suitable policies from several leading insurers.
Maximilian Binder & Vanessa Hofrichter
Specialists in insurance solutions for expats in Mallorca
“We guide English speaking clients in Mallorca through the Spanish insurance system with personal and independent advice in a language they understand. From the first consultation to a benefit claim, you always have the same local contacts by your side.”
- Telephone: +34 871 221 049
- Mobile: +34 639 936 074
- Email: [email protected]
- Office: Ronda de Migjorn 2, 07620 Llucmajor, Mallorca
- Languages: English, German and Spanish
What clients in Mallorca say
“For our finca mortgage, the bank wanted to sell us its own policy. Maximilian’s comparison was significantly less expensive and offered better cover.”
Thomas B.
Llucmajor · Client since 2023
“Vanessa advised us as a couple and explained all the Spanish terms in English. Now we know our children are protected.”
Sabine M.
Alcúdia · Client since 2024
“Excellent advice without any pressure. We were shown clearly which level of cover made sense for our family and which documents we needed.”
Michael H.
Palma · Client since 2025
Which life insurance suits your situation?
Life insurance is an important part of financial protection, especially when you live abroad. Whether you are employed, self employed or retired, we compare suitable options from several Spanish and international insurers.
Popular choice
Term Life Insurance
- Financial protection for family and beneficiaries in the event of death.
- Optional advance payment following a serious illness.
- Choose the cover amount and policy term.
For couples
Joint Life Policy
- Both partners covered under one policy.
- Often less expensive than two individual policies.
- Suitable when you own property together.
Quick and simple
Express Life Insurance
- Simplified health assessment.
- Cover amounts from approximately €30,000 to €90,000.
- Faster arrangement, for example when required for a loan.
Many policies can be extended with optional benefits such as serious illness cover, funeral costs or income replacement. Some insurers also include a free online will service. We show you which combination suits your situation and make sure every condition is explained clearly in English.
Mortgage in Mallorca? You are free to choose
When financing a property in Mallorca, the bank will usually offer its own life insurance, often as part of a mortgage package. You are generally not required to accept this offer. An independent comparison is often worthwhile, as standalone policies may be less expensive or provide more cover. We review the bank’s offer and compare the alternatives so you can make a clear and informed decision.
How much does life insurance cost in Mallorca?
The premium depends on age, health, smoking status, the cover amount and any optional benefits. The following figures are illustrative ranges only and are not guaranteed. We prepare your individual quote after comparing several insurers.
Non smoker, aged 35, €100,000 cover
Term life insurance · Example range approximately €10 to €20 per month
Non smoker, aged 50, €200,000 cover
Term life insurance · Example range approximately €35 to €70 per month
The earlier you arrange cover, the lower the premium will generally be. Not smoking can also make a significant difference. We compare the options and explain clearly which benefits are included.
Frequently asked questions
Why arrange life insurance in Spain rather than in your home country?
If you live permanently in Mallorca, it makes sense to align your protection with your main place of residence. A Spanish policy can be suited to your local residence, mortgage and estate circumstances. If a claim is made, your family has a local contact in Mallorca who speaks English. We can also review existing policies from your home country and advise whether a change may be worthwhile.
How much cover should I have?
A common rule of thumb is three to five times your annual income, plus outstanding liabilities such as a mortgage. Your individual circumstances are what matter: who needs protection, which loans are outstanding and what savings are available? We review these points with you.
Do I have to use my bank’s life insurance when taking out a mortgage?
No. Banks often offer their own life insurance with a mortgage, but you are free to choose the insurer. An independent comparison is often worthwhile, as standalone policies may be less expensive or provide more cover. We compare the terms for you.
Is there a health assessment?
For most policies, you will answer health questions, and a medical examination may be required for higher cover amounts. For straightforward cases, express options are available with a simplified assessment and cover from approximately €30,000 to €90,000. Pre existing conditions do not automatically mean exclusion and may instead lead to adjusted terms.
How much does life insurance cost in Mallorca?
The premium depends on age, health, smoking status, the cover amount and optional benefits. Younger non smokers can often arrange meaningful cover for a low monthly amount. We prepare a specific comparison from several insurers free of charge.
Are the policy documents available in English?
Policies from Spanish insurers are usually issued in Spanish. We explain every condition in English, summarise the key points clearly and remain your English speaking contact after the policy begins, including for your family if a claim is made.
Protection for the people who matter to you
Free advice in English · Reply within 24 hours