Bonus of $889,000: who can receive this financial aid from the IPS in Chile

In Chile, when a person dies, the State offers financial aid through the Social Security Institute (IPS) to cover funeral expenses. This benefit, known as Death Allowance, grants a total amount of $889,533. This support is intended to ease the financial burden on families during a difficult time.

To be eligible for this bond, it is essential that the deceased person has been pensioned under the old pension system, that is, is a beneficiary of the Solidarity Pillar or the Universal Guaranteed Pension (PGU). This measure ensures that the most vulnerable groups can receive the support necessary to face the costs associated with a funeral.

$889,000 bonus | Source: iStock

The process to request this bond It can be done both in person and online. If you prefer to do the process in person, you must go to a Chile Atiende branch and present all the necessary documents. These include the original invoice from the funeral company, a burial certificate if more than 30 days have passed since the death, a copy of the beneficiary’s identity card, and the transfer of rights.

$889,000 bonus | Source: iStock

For those who choose the online route, they must enter the website enabled by Chile Atiende, select the corresponding option and fill out the form with the RUT and the data of the causer and beneficiary of the bond. It is essential to have the Unique Code to complete the online process. In addition, the required documentation must be attached digitally.

The documents necessary to request the Death Allowance include:

Unique Code (if the procedure is online).
Original invoice from the funeral company.
Burial certificate (if more than 30 days have passed since death).
Copy of the beneficiary’s identity card.
Transfer of right.

The requirements to access the Death Allowance are the following:

Not have affiliation to Decree Law (DL) No. 3,500 on the date of death.
Have been a beneficiary of the former Basic Solidarity Old Age Pension (PBSV) before February 1, 2022.
Have at least one contribution in one of the former provident funds in the last six months prior to death.
Be a beneficiary of the Basic Solidarity Disability Pension (PBSI) or the Survivor pension with solidarity contribution without affiliation to an AFP (DL No. 3,500).
Be a beneficiary of a Work Disability Subsidy (SIL), Unemployment Subsidy or Disability Subsidy.
Have been a pensioner from the former provident funds and special laws.

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