Life insurance in Spainfor expats
Protect your family with online life insurance — clear, straightforward, no complications. No medical exams, no paperwork, immediate cover, 100% in English. At Life5 we make it easy for English-speaking residents and expats in Spain to secure peace of mind. Backed by AXA Aurora Vida (DGSFP C0711), regulated by DGSFP License J3945.
- Backed by AXA
- 100% English process
- Regulated by DGSFP
Why Life5 is different from other life insurers
At Life5 we make taking out life insurance as easy as it should be. Forget long processes, fine print, and unnecessary paperwork. With us everything is clear, fast, 100% online, 100% in English. We keep it easy:
- Immediate coverage: get your policy active in minutes.
- No medical exams: just an online health questionnaire.
- No paperwork: everything signs in the digital customer area.
- English-speaking advisors: no translators, no Spanish-only queues.
- Up to 80% less than traditional Spanish insurers for equivalent cover.
How to get your Life5 life insurance
Contratar tu seguro de vida con Life5 es rápido, claro y totalmente online. En tres pasos podrás proteger a los tuyos sin papeleo ni complicaciones.
1. Get your quote
Tell us a few things about you and get your personalized price in 1 minute.
2. Answer a few questions
Fill out the online health questionnaire from your phone. No clinics.
3. Activate your policy
Sign and activate online, in English, immediate cover. No paperwork.
Life5 — the life insurance that gives you peace of mind.
At Life5, insuring yourself costs up to 80% less because we remove middlemen and unnecessary processes. We give you direct, digital insurance without extra costs — you pay only for what you actually need.
Advantages with Life5:
- Transparent pricing — no surcharges, monthly or annual at the same rate.
- Full English process — signup, modifications, claims.
- No lock-in — cancel any time with no penalty.
- Backed by AXA Aurora Vida — one of the world's largest insurers.
- 700+ medical conditions underwritable — broader acceptance than most Spanish insurers.
Life5 — everything you can ask from life insurance
Coverage and benefits at a glance.
Life5 coverage
Life5 benefits
What's covered:
Life5 policies protect you and your family across the scenarios that matter most.
Main coverage — Death from any cause
The insurer pays the insured capital to your beneficiaries if you pass away from any cause — natural, illness, or accident. Standard first-year suicide exclusion applies (industry-standard across Europe).
Optional rider — Total Permanent Disability (TPD)
If you contract the TPD rider and an illness or accident permanently prevents you from working, the insurer pays you the capital directly (not your beneficiaries) while you're alive.
Optional rider — Critical illness
Lump sum on diagnosis of cancer, stroke, heart attack and up to 5 other serious illnesses. Separate product — see critical illness cover.
Calculate your life insurance in 2 minutes.
Frequently asked questions about life insurance in Spain
What does a life insurance policy cover?
Up to what age can I get a life insurance policy?
Am I covered if I travel or move abroad?
What does a life insurance policy cost?
What types of life insurance exist?
How much capital should I insure?
Life5 — affordable life insurance in Spain, tailored to your needs
What is Life5?
Life5 is a life insurance company built to reshape the Spanish life insurance market, with the goal of protecting your family in the event of death or disability.
Our website is not a price comparator — we go much further. No medical exams, and in just 2 minutes you can get your life insurance quote fully online, easily and securely. If you prefer, our English-speaking life-insurance experts are always available to advise you.
Life5 policies are not funeral insurance (seguro de decesos) — we go further. In addition to covering death of the insured (natural or accidental), we let you request an advance of part of the insured capital to cover funeral expenses. That one feature is essentially all a conventional Spanish funeral insurance policy covers.
We also cover optional riders such as Total Permanent Disability (TPD) — the insurer pays the capital directly to you (the insured) if an illness or accident permanently prevents you from working. Funeral insurance only covers funeral costs, nothing else.
How does our life insurance work?
Life5 brings modern life insurance with one goal: that every family in Spain — Spanish residents and expats alike — can be protected. A 100% online product, affordably priced, that can be contracted in 2 minutes, with no medical exams.
Life5 is backed by top-tier insurers and reinsurers — specifically AXA Aurora Vida, S.A. (DGSFP C0711), one of the largest insurers in the world, with a long verifiable claims-payment record.
We are 100% digital — no medical exams, no paperwork. The contract and all policy management happen entirely online, in English. If you prefer, you can always reach our English-speaking team by phone for help.
Every member of our support team is a licensed life-insurance expert — not call-center staff. They answer any question you have and help you find the right policy for your specific situation.
What types of coverage does Life5 offer?
Term life with death benefit: the most common product — the policy pays the insured capital to your chosen beneficiaries if you pass away (natural causes or accident). The death benefit goes to whoever you named as beneficiary.
Term life with Total Permanent Disability (TPD) rider: protects both your beneficiaries (on death) and you personally (while alive) if you survive an illness or accident that permanently prevents you from working. To contract TPD, select the additional rider in our calculator.
What Life5 policies are there and how much do they cost?
Life5 offers 3 core products (all based on term life with death cover, with optional TPD rider):
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Life5 Family: the family product, built to protect your loved ones on your death. The insured capital goes to your beneficiaries. Optional TPD rider. Available from €3 a month, varying with capital and riders chosen.
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Life5 Mortgage: a mortgage-tied life insurance policy, highly recommended if you have a Spanish mortgage. Spanish law (Ley 5/2019) lets you switch away from the bank's insurance — often saving 50-80%. Covers the outstanding mortgage and can also provide extra capital to your family. Available from €5 a month. We also handle the switch from your bank's existing policy.
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Life5 Seniors: designed for adults aged 50-74 at signup. Signup in minutes, no medical exams for most applicants. Available from €8 a month.
How does our calculator work?
Our calculator uses algorithms to process your data securely and efficiently. Thanks to our predictive analysis mechanisms we give you the best price for your life insurance, regardless of the product you choose.
In the life insurance calculator you simply follow the steps — characteristics, health, lifestyle, profession — and in minutes you get a price, monthly or annual. You can choose monthly or annual billing at the same price — no surcharge, no penalty, unlike most Spanish life insurers.
We guarantee the legal basis for data processing and protection under current regulations. You can cancel any time with no penalty or extra cost.
How do I choose the insured capital?
Inside our calculator you pick the capital you want to insure. A common rule of thumb is to insure 10× your annual salary. It may sound like a lot — think about what it would need to cover: a mortgage, debts, children's education, emergency fund, and more. For expats, also factor in repatriation costs and international transfer considerations if beneficiaries live abroad.
