In Chile, the La Araucana Compensation Fund offers an important economic benefit for families who have welcomed a new member. This bond of $21,000, known as the Birth Allowance, is designed to support new parents, whether by birth or adoption.
Requirements
To access the La Araucana Birth Allowance, it is crucial that you complete the process within 120 calendar days after the event, whether it is the birth or adoption of your son or daughter. This period is essential to ensure that you do not lose the right to the bondIn addition, you must be a member of La Araucana to benefit from this financial aid.
The process to apply for the bond It is relatively simple since you must go to any of the La Araucana branches in Chili and you will need to present certain documents to begin the process, such as your identity card and your son or daughter’s birth certificate.
To be eligible for this bondthere are two main requirements that you must meet. Firstly, you must be an active member of La Araucana. This means that you must be registered with the compensation fund at the time of making the application. Secondly, it is necessary that the sons or daughters for whom you are requesting the bonus are registered as dependents at the time of making the application.
This bond The $21,000 grant is intended to alleviate some of the expenses that may arise when welcoming a new member into the family. The $21,000 can be used to cover a variety of initial needs related to the newborn or adopted child, providing additional financial support at a crucial time for the family.