Pilar Rubio visited ‘La Resistencia’ in October 2022 and revealed the money she had in the bank account when answering Broncano’s classic question about how much capital she had. Well, a financial consultant for OVB Spain named Lucho Nerbutti has analyzed in a TikTok video that people have to learn from Pilar Rubio. In it he explained the situations in which it is appropriate to go to the bank and those in which it is preferable to go to an insurance company.

Lucho Nerbutti: “Pilar Rubio knows what a bank is for and what it is not for”

Pilar Rubio revealed on Broncano’s show that she had more than 50,000 euros in her bank account. After knowing this fact about Rubio, who is always a person who has a wealth greater than that figure, the consultant added the following: “Pilar Rubio is very clear about what a bank is for and what it is not”.

“A bank is a private entity regulated by the Bank of Spain where we have a guarantee limit per account and person of 100,000 euros. In other words, anything over 100,000 euros in a bank account is not guaranteed,” the expert explained.

In the same way, he said what insurance companies are, explaining their disadvantages: “They are experts in offering us savings tools with investment to make our money profitable. In an insurance company you can have 100% of your capital insured, here there are no limits of 100,000 euros.”

Lucho Nerbutti ended up explaining what a bank is for and what the benefits of an insurance company are: “To direct debit payments or a salary: the bank. For personal protection through life insurance or health insurance: the insurance company. To apply for a loan: the bank. To make investments and profit from our money: the insurance company. And to protect our assets, such as money we already have: the insurance company”.

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