Primary beneficiary is a person or organization that will receive payment from an insurance claim, regardless of any conditions. Contingent beneficiary is a person or organization that will receive the payment only if certain conditions are met. Thus...
Russian authorities are working over the issue of introducing mandatory acquisition by migrant families of a voluntary health insurance (VHI) policy for their children. Maria Lvova-Belova, the Presidential Commissioner for Children's Rights, reported...
ULIP (Unit Linked Insurance Plan) is a type of insurance product that is a combination of life insurance with an investment option. ULIP provides insurance coverage in case of death of the insured and also allows a portion of the premium to be invest...
The CAPITAL LIFE insurance company became the winner of the “Quality of Service and Consumer Rights – 2023” award for creating a healthy lifestyle ecosystem....
The tragedy at the Kostenko mine in the Karaganda region occurred on the night of October 28. 252 people were in the mine at the time of explosion, and 206 miners managed to climb to the surface. On October 30, the rescuers found the body of the last...
Additional steps are being taken to liberalize the pet insurance market in South Korea, reports the online resource UkrStrakhovanie....
Passing the UNT is stressful for students; they strive to enroll on a grant due to education expensiveness. However, it is possible to take care of tuition fee in advance, writes NUR.KZ....
The Philippines is one of the fastest growing online gaming markets. According to official data, more than 43 million people play online here every day. The majority of gamers are representatives of generation Z and millennials aged 25-34 years....
Most people believe that life insurance can only protect the financial interests of family members and loved ones in the event of unexpected death of the breadwinner. In such a situation, insurance company pays monetary compensation to the heirs or b...
Yelena Taytugoleva, Deputy Chairman of the Board of Nomad Life, has told Inbusiness.kz why insurance products within the State Educational Savings System framework are one of the breakthrough solutions on the path to building an educated nation in Ka...
Kazakhstanis can get injured while working, even in the office. In this case, they are entitled to insurance payments. The article on NUR.KZ says what to do if employer has not issued such a policy....
For those who professionally play sports, participate in international competitions or simply visit the gym, LIC Freedom Life has revised the previous cost of insurance premiums under the Freedom Sport accident insurance program for athletes in Octob...
There are many financial products in the world, but people in India have been increasingly interested in life insurance. Insurers help achieve your financial goals, as LIC products protect the financial interests of your family and loved ones in the ...
Along with individual products, which the policyholder chooses and arranges independently, there are also collective ones. Mafin Media tells how this type of insurance works, what is included in it and who issues it....
Many people had a chance to appreciate the products of life insurance companies during the pandemic. And now more and more Americans are abandoning investments in the stock market by withdrawing money from mutual funds and transferring funds to insur...
Investment life insurance or UL (Unit Linked) is a safe investment. The product is suitable for those who want to try investing but are afraid of losing money. UL gives the opportunity to try your hand at investing in order to receive additional inco...
The specialists of LIC Freedom Life conducted a study and defined the countries with the largest number of people aged 65 years and older. According to the Kazakhstani Bureau of National Statistics, over 19.8 million people live in Kazakhstan today; ...
Life insurance can provide you and your loved ones with financial security and confidence in the future. However, life insurance policies are not universal. You may find yourself in a situation where you need to adjust your policy options or select a...
The Ministry of Labor is considering the possibility of revising tariffs for the sale of insurance policies for employees against accidents during the performance of their labor duties (CAI). This was stated by the Vice Minister of Labor and Social P...
The UAPF published the “Annual Actuarial Report as of 2022”. The pension system’s success or efficiency can be assessed by two generally accepted indicators. The first indicator is the coefficient of replacement of labor income with pension pay...
