THE ESSENTIALS
Before you start
- Define protection or savings.
- Read the insured event.
- Check any maturity benefit.
Read the event that triggers payment
ASF’s glossary distinguishes temporary life cover, paying on death during the insured term, from mixed life insurance that also provides a survival benefit at the end. For pure-risk cover, monthly premium payments do not establish that savings or a surrender value exist.
Sources: ASF — Glossário do consumidor — checked 22 October 2026 ↗
Protection can serve its purpose without a claim
Fictional example: Sara wants a benefit during the ten years when she expects a family commitment to continue. She compares temporary protection with a savings product. If no insured event occurs, the first option’s lack of an end payment should reflect a feature she understood, rather than a late surprise.
Compare against the intended purpose
Locate the death benefit, any survival payment, term and any surrender values separately. Adding premiums together does not create a balance absent from the contract. Use RMACHADO GROUP’s life insurance guide to organise a protection request; for savings, also establish investment risks, costs and the conditions for leaving early.
KEEP THESE QUESTIONS
Your checklist for the next conversation
- Define protection or savings.
- Read the insured event.
- Check any maturity benefit.
- Identify any surrender value.
FROM THE ARTICLE TO YOUR SITUATION
Let us discuss your situation
Tell us what you want to protect. We review your request and help compare relevant terms. Requesting a quotation does not activate insurance.
Sources and transparency
Content updated on .
Consultation dates are stated in individual references when available.
Numerical examples are fictional and explain concepts. Editorial interpretations are identified in the text.
Information from RMACHADO GROUP. This is not an insurance offer or individual advice. Covers, acceptance, exclusions, sums insured and costs depend on the policy. The intermediary does not underwrite the risks.