The best life insurance in Portugal For your mortgage!
PORTUGAL MORTGAGE can offer you the financial strategies that best match your needs.

Why take out a mortgage insurance?
Life insurance is not a legal requirement when taking out a real estate loan. However, it will be nearly impossible to obtain a bank’s approval without this insurance.
It protects the banking institution against the risks of non-payment related to a serious health issue. The borrower’s insurance contract reimburses the entire real estate loan in case of permanent insolvency or repays the loan in case of temporary impossibility.
What is the health declaration?​
The insurance company requires information about your personal and professional situation, as well as your state of health.
For this purpose, a simple medical questionnaire is generally requested. It allows assessing whether the insurance company accepts you, with additional premiums based on a higher risk, or rejects your application.
Several factors can lead the insurance company to go beyond the health questionnaire:
– Your age
– The amount of the loan
– Your answers to the health questionnaire
There can be additional examinations, such as blood tests, electrocardiograms, and specific tests at no cost when scheduled with a medical center affiliated with the selected insurance company.


When to take out life insurance for my mortgage?​
Life insurance follows the life of your real estate loan: it is taken out at the same time as the loan and expires with it. To obtain a mortgage, in most cases it is necessary to take out insurance for the duration of the loan.
You should update the outstanding capital throughout the life of the loan. For example, the loan amount and duration are necessary information to calculate the amount of your insurance premium.
Frequently Asked Questions
Find answers to commonly asked questions about our products and services.
Why choose PORTUGAL MORTGAGE?
1. What makes PORTUGAL MORTGAGE the ideal choice for clients looking for real estate in Portugal?
At PORTUGAL MORTGAGE, we specialize in catering to the unique needs of international clients seeking real estate opportunities in Portugal.
Our understanding of the local market and the particularities of working with foreign buyers ensures a seamless and successful property search.
2. How do you assist foreign clients in their real estate journey?
We offer a comprehensive set of services tailored to our clients’ needs.
From providing personalized recommendations based on your preferences to assisting with administrative processes, we are your trusted partner every step of the way.
3. What sets you apart from other real estate brokerage firms?
We focus on serving international clients interested in the Portuguese real estate market.
This specialization allows us to offer unparalleled knowledge, connections and insight that directly benefit our clients.
4. Are there any fees for your services?
No, our services are completely free for clients.
5. What if I have language barriers or cultural differences?
Our team is multilingual and culturally diverse.
We bridge any potential language gaps and navigate cultural nuances to ensure effective communication and understanding throughout the process.
6. How do I get started with PORTUGAL MORTGAGE?
Getting started is easy!
Contact us via our website or contact details, and one of our dedicated agents will be in touch to discuss your needs and get started on your personalized real estate project in Portugal.
Why Choose a Broker for Your Real Estate Project?
A mortgage broker offers:
– Expertise in loan options and rates.
– Access to multiple lenders, expanding choices.
– Tailored solutions to fit your financial goals.
– Time and cost savings through efficient comparisons.
– Advocacy, negotiation, and paperwork assistance.
– Expert navigation of complex situations.
– Peace of mind with knowledgeable support.
What is a broker?
A broker is an individual or entity that acts as an intermediary or middleman between parties involved in various transactions. They facilitate deals, negotiations, or interactions, often providing expertise, information, and assistance to ensure smooth and successful transactions.
Who pays the broker?
By referring a customer to our financial partners PORTUGAL MORTGAGE receive a commission.