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English to Spanish Dictionary Of Insurance Terms

I

Income and principal policy

Póliza que, a la muerte del asegurado, paga al beneficiario primario una renta de por vida y tras el fallecimiento del beneficiario primario, el beneficiario secundario cobra el capital asegurado. Si el beneficiario primario muere antes que el asegurado, el beneficiario secundario cobra la suma asegurada después del fallecimiento del asegurado.