Circular No. 21 of 2022 Life insurance with savings includes, together with coverage for the risk of death, disability or others, the accumulation of savings in a single investment account (“CUI”), whose funds can be fully or partially withdrawn by the...
On February 4th, 2022, Law 21,420 was published and modified Law 16,271 on Tax on Inheritance, Assignments and Donations, and eliminated the exemption that Article 20 contained regarding life insurance, consequently taxing the indemnities that the beneficiaries could...
On January 26th 2022, the National Congress approved the new regime that will regulate donations that benefit non-profit entities that dedicate their activities to certain beneficial purposes for civil society. This new regime, which will enter into force on the...
This Sunday, December 19th, 2021, the second round for the election of President in Chile will take place. Both candidates, Gabriel Boric and José Antonio Kast, improved their government programs, adding and correcting the proposals looking forward to their future...
The Commercial Code defines “life insurance” (article 588) as the contract by which “the insurer undertakes, in accordance with the modality and limits established in the contract, to pay a sum of money to the contracting party or to the beneficiaries, if the insured...
