The Social Security Institute (IPS) has implemented a series of economic aids aimed at supporting those who need it most. Among these aids, the following stands out: bond of the Death Allowance, a benefit that grants an amount of $889,533 to the relatives of an IPS beneficiary who has died.
Requirements
In order to access this bondthree specific requirements must be met. First, the person requesting the benefit must be the person in charge of the funeral expenses. This person may be a relative of the deceased or the funeral company in charge of the service. Second, the deceased must not be affiliated with the system of Decree Law (DL) No. 3,500 on the date of his death. Finally, the deceased must be in one of the specific conditions established by the IPS.
So that relatives can apply for the bondthe deceased beneficiary must meet certain conditions. These conditions include, for example, that the deceased was a pensioner of the IPS or that he or she had been receiving some benefit from this institute.
If you are a relative of the deceased and wish to apply for the bondyou can do it easily through the IPS Online platform. You must enter the applicant’s RUT and select the “Death Allowance” option. Then, the system will ask you to enter the deceased’s RUT and verify that the data is correct. Next, you must log in with your Unique Key, complete the required data and attach the necessary documentation, such as the original funeral service invoice and the burial certificate, in case more than 30 days have passed since the death.
If the request is made by a funeral home, the process is slightly different. The legal representative of the company must enter the system with their RUN, select the company through which the benefit is being requested and click on “Death benefit request”. Then, they must enter the RUT of the deceased and complete the required data, attaching the corresponding documentation, such as the original invoice, a copy of the beneficiary’s identity card and the transfer of rights, so that they can find the beneficiary. bond.