He $996,000 bonusknown as Death Allowance, is a benefit granted by the Social Security Institute (IPS) in Chile. This subsidy is intended to cover the funeral expenses of a person who has died and who, at the time of death, was a beneficiary of one of the pensions or bonuses administered by the IPS. The payment is a one-time payment and seeks to alleviate costs related to the funeral for family members or entities responsible for covering these expenses.
To request the Death Allowancethe deceased must have been a beneficiary of some IPS contribution and not be affiliated with the pension system regulated by Decree Law No. 3,500. In addition, you must meet certain requirements, such as having received the Basic Solidarity Old-Age Pension (PBSV), the Solidarity Pension Contribution (APSV) or the Universal Guaranteed Pension (PGU). If the beneficiary receives the PGU, a mortuary fee of 15 development units (UF) will be granted, which is equivalent to approximately $996,000.
He bond It is available to those who have assumed the costs of the funeral, whether they are immediate family or a funeral company. This benefit also applies if the deceased was a pensioner from the old provident funds or if he received a disability or unemployment benefit. In summary, this subsidy covers a wide range of people who have had some type of connection with the solidarity pension system administered by the IPS.
The process to request the Death Allowance It can be done online through the IPS platform. Interested persons must enter the IPS Online website and follow the indicated steps, which include providing the RUT of the applicant, the RUT of the deceased and attaching the necessary documentation, such as the original invoice for funeral expenses and the burial certificate. This procedure can be carried out by both natural persons and funeral companies.
To start the application for bondyou must enter the system with the Unique Code, which is an essential requirement. Next, it is necessary to complete the details of the applicant and the deceased, as well as attach the required documentation, which includes the original invoice issued by the funeral home. If more than 30 days have passed since death, a burial certificate must also be presented.
