Insurance Insights from Banco Sabadell’s Digital Forum

In a world full of uncertainty, it remains essential to have a network that preserves inner peace and wellbeing. Insurance plays a fundamental role by offering protection against unforeseen events and a wide range of risks. Yet choosing the right coverages for individuals and families can be tough without expert guidance.

So in the loop titled Easy financing for the domestic economy, organized by INFORMACIÓN and Banco Sabadell, the second digital forum of this issue focused on the topic Insurance. It brings together a series of meetings that aim to expand public financial knowledge, delivering discussions that are educational, engaging, and easy to follow. The format offers practical information that can be applied to daily life and household financial management, including savings and even investments.

During the event, the spotlight was on the importance of protection in personal and family life. Rosa María Gómez, Director of Insurance for the Eastern Region at Banco Sabadell, was the invited expert who shared valuable insights about basic protection needs such as life and health insurance. Her message was especially relevant for people who question whether they should be protected.

h2>Customer reliance on banks for protection

When answering the director’s opening question, Toni Cabot from Club Information and the event host, Rosa María Gómez cited a recent study among clients of 17 banks. The data show that more than 30% of people rely on their main asset to insure life, health, home, and car. She highlighted that Banco Sabadell stands out in this respect, thanks to high service ratings and strong client recommendations in the insurance arena.

For example, when heavy rains hit toward the end of May, Banco Sabadell’s Home Claims team activated a dedicated hotline and communicated directly with customers in affected zones. The result? 98% of appraisal requests were completed within 24 hours, and nearly 500 inspected complaints produced not a single formal complaint, according to Gómez.

The Insurance Manager explained there are multiple reasons why clients favor protection plans through their parent bank. Contrary to common belief, improved financial terms are not always the sole driver. Today, a high share of customers chooses this option because of the breadth of coverage and the confidence placed in their financial institution. This trust often discourages them from exploring alternative providers.

Gómez noted that once a customer holds their first insurance, interest grows in obtaining a comprehensive and personalized protection offer from their bank. The decisive factor is emotional trust — the idea that just as households depend on banks for finances, they increasingly expect their institution to meet protection needs as well. For this reason, Banco Sabadell aims to be the natural partner for protection for its clients.

A moment captured from the insurance-related event on the INFORMACIÓN TV set.

h2>More than basic protection needs

During the interview, Gómez explained that the recent health crisis and the resulting uncertainty have sparked greater interest in prevention and protection. She emphasized the importance of planning ahead for oneself and family, even as spending remains a priority for many. Savings may not be rising, but people still want to enjoy life while securing their future.

A Banco Sabadell specialist pointed out that life and health insurance are essential components that should not be neglected. In terms of safeguarding life, Gómez advised that a family typically needs three to five years of income to recover financially after the loss of a breadwinner. She recommended a life insurance policy with a capital three to five times the insured’s annual income, plus any outstanding debts, and suggested increasing the cover when there are dependent children.

Banco Sabadell tailors its offerings to each customer profile. For households with minor children, if the insured and a spouse die in an accident, a double capital guarantee is included at no extra charge, even if one parent is not insured.

Life Care Mujer insurance from Banco Sabadell

There is also a specific women’s life policy, Life Care Mujer. This plan covers death and disability and offers financial support up to 70,000 euros upon a serious diagnosis such as breast or gynecological cancers. It also provides funds to cover unexpected costs related to the illness and supports access to quality medical care. It should be noted that for every Life Care Mujer policy purchased, Banco Sabadell donates 3 euros to women’s cancer research.

Gómez stressed that this life protection is not tied to market performance and is designed to guarantee a defined amount, which can be decisive in extreme circumstances. She added that the purpose of life insurance is to protect savings, preserve family assets, and ensure a stable future for loved ones after a serious event.

Gómez concluded that more people are reviewing their protection needs and adjusting coverage to fit personal, financial, and family circumstances.

p class=”article-photo__footer”>In the digital forum, the protection specialist highlighted that private health coverage has shown notable growth over the last three years.

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h2>The rise of private health insurance and common profiles

During the session, the expert on protection emphasized that private health insurance has expanded significantly in recent years. This trend followed the pandemic, with greater awareness of health protection and the belief that private care offers faster, more comprehensive support. The director noted that the discussion covered which customers typically choose private health insurance and the profiles they represent.

• Families and individuals who prioritize wellbeing view this coverage as essential, especially those with young children who value access to multiple centers and specialists and shorter wait times.
• Young people and active individuals often add private health insurance to maintain a healthy lifestyle and obtain timely medical services.
• Self-employed workers also tend to opt for private coverage to ensure fast, high-quality medical care and to maximize value for premiums paid by themselves and their families.

Why this insurance is considered healthy

Gómez noted that some people think private health insurance is unnecessary if they are currently healthy. She countered that the best time to secure such protection is when health is good, as future illness may bring restrictions and exclusions that complicate coverage.

Choosing the best option to protect health and loved ones

The forum made clear that after the Covid-19 pandemic there is heightened awareness of health protection. Private health insurance now stands out for offering preventive services and rapid access to care. Gómez shared examples from the public system waiting times, illustrating how private plans can reduce delays in consultation and procedures. Private coverage offers immediacy, freedom of choice, and preventive checks, making it a compelling option for many households.

The Banco Sabadell specialist affirmed that life and health insurance are indispensable components of a solid protection strategy, especially when offered in collaboration with a leading health partner.

h2>Benefits of Banco Sabadell health insurance

p>Gómez highlighted that Banco Sabadell’s private health insurance, developed in partnership with Sanitas, brings extensive experience, a broad network, advanced medical centers, top clinicians, and a strong emphasis on digital services. The plan is tailored to Banco Sabadell clients and offers distinctive features, such as lifetime health protection, no extra charges for various conditions or procedures within a year, and a premium option for reimbursement for out-of-network or international care, up to 80% of eligible costs within seven days.