No. 755. March 7, 2025

ebroker: Breakdown of IBIPS and NON-IBIPS branches in Life Savings

ebroker, it allows you Differentiate your Life Savings policies between IBIPS and NON IBIPS according to DEC adaptations.

One of the changes coming from the new DEC 2024 requirements is the breakdown of Life Savings branches, differentiating between IBIPS and NON IBIPSNew branches have been incorporated regarding IBIPS, both in VIDA PP and VIDA PU

The existing Vida Ahorro branches have been renamed, indicating by default that they are NON-IBIPS branches.. In the coming days, the descriptions of these branches will be updated in your Life Savings policies. If you have a specific product associated with these branches, you can access Control panel > Utilities > Tools and automatically update your specific product descriptions in policies by selecting the option Repair en Fix product descriptions in policies.

The existing branches that have been renamed are the following:

  • Individual Life:
    • 30101 – PP LIFE – IND.DIFE.SAVINGS-NO.IBIPS
    • 30103 – PP LIFE – IND.MIXTOS-NO.IBIPS
    • 30116 – PP LIFE – SIALP-NO.IBIPS
    • 30117 – PP LIFE – PIAS-NO.IBIPS
    • 30204 – PU LIFE – IND.DIFE.SAVINGS-NO.IBIPS
    • 30206 – PU LIFE – IND.MIXTOS-NO.IBIPS
    • 30219 – PU LIFE – SIALP-NO.IBIPS
    • 30220 – PU LIFE – PIAS-NO.IBIPS
  • Collective Life:
    • 30104 – PP LIFE – COL.DIFE.SAVINGS-NO.IBIPS
    • 30106 – PP LIFE – COL.MIXTOS-NO.IBIPS
    • 30201 – PU LIFE – COL.SAVINGS-NO.IBIPS
    • 30203 -PU LIFE – COL.MIXTOS-NO.IBIPS

The new IBIPS branches incorporated are the following:

  • Individual Life:
    • 30119 – PP LIFE – IND.DIFE.SAVINGS-IBIPS
    • 30120 – PP LIFE – IND.MIXTOS-IBIPS
    • 30121 – PP LIFE – SIALP-IBIPS
    • 30122 – PP LIFE – PIAS-IBIPS
    • 30222 – PU LIFE – IND.DIFE.SAVINGS-IBIPS
    • 30223 – PU LIFE – IND.MIXTOS-IBIPS
    • 30224 – PU LIFE – SIALP-IBIPS
    • 30225 – PU LIFE – PIAS-IBIPS
  • Collective Life:
    • 30123 – PP LIFE – COL.DIFE.SAVINGS-IBIPS
    • 30124 – PP LIFE – COL.MIXTOS-IBIPS
    • 30226 – PU LIFE – COL.SAVINGS-IBIPS
    • 30227 -PU LIFE – COL.MIXTOS-IBIPS

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