The Ministry of Labor and Social Protection of Population of the Republic of Kazakhstan (MLSP) created a commission to conduct a special investigation into a group accident that occurred at a mine in the East Kazakhstan region, which resulted in the ...
UK insurance companies concluded a record number of contracts to cover their pets last year. According to the Association of British Insurers (ABI), the number of insurance agreements amount to 4.4 million, which is 1.7 million more than 10 years ago...
Weekend tours are popular in Almaty. After all, every city dweller needs rest, silence, and unity with nature. In our country, the product "Insurance of tourists traveling abroad" is widespread. Travel insurance in the Republic of Kazakhstan is prote...
Comprehensive plans that combine health and life insurance are becoming a popular choice among U.S. citizens. Such policies offer convenience and savings, but may be less flexible and complex than savings, investment, or health-only policies. The exp...
For seven months of 2024, the net investment return of Kazakhstanis in the UAPF has exceeded 1.38 trillion tenge, which is 619.3 billion tenge or 81.4% more than the same period last year, the Fund's press service reports....
One of benefits of child life insurance is that these policies accumulate cash value, a reserve component. Part of premium goes on accumulating cash value, which grows over time. Often, at age 21, insureds renew the policy, thereby continuing to accu...
In February, Kapital Life launched a voluntary health insurance program that provided professional long-term care at home and in hospital. The “Standard of Care” insurance program is risky; healthy people who do not need care on the insurance con...
Prudential Financial offered the market an insurance product called Prudential Momentum IUL. The policy offers life insurance with indexed returns, which provides clients with financial protection and the possibility of capital growth adapting to cha...
SberStrakhovanie Life has updated the endowment program Formula of Life; now policies can be issued for a year with a one-time contribution of 120 thousand rubles (655.2 thousand tenge)....
AXA Hong Kong and Macau announced the launch of a new qualifying deferred annuity plan IncomeBliss Deferred Annuity Plan. It is aimed at supporting clients in old age....
Life Insurance Company Halyk-Life presented a new insurance product for children Balam. This policy allows parents to compensate for the costs of medical treatment and rehabilitation of children who have received bodily injuries in the amount of up t...
The experts of LIC Freedom Life studied data from international educational organizations and learnt which countries had most foreign students and which foreign universities were free for Kazakhstani students....
SberStrakhovanie Life insured a Russian traveler Fyodor Konyukhov. The policy will be valid for a year all over the world and in any situation, whether it is an extreme expedition outside of Russia or a trip within the country, the insurer's press se...
The UAPF executed 12,921 applications for a total of approximately 1.3 million US dollars within the framework of the National Fund for Children program; 6,842 of them for approximately 686 thousand US dollars were for improvement of housing conditio...
Employers have become more concerned not only about the physical but also the mental health of their employees. More than half of the voluntary health insurance contracts concluded by Rosgosstrakh with legal entities now include psychological support...
The Ageas Federal Life Insurance Golden Years pension plan links the income of a future retiree to the insurer’s investment performance. The product is designed for people aged 18 to 35. The pension plan offers higher potential return but also grea...
Investment life insurance plans (UL) offer a dual benefit of investing in stocks, bonds or combination of both and life insurance. The income tax waiver feature ensures that long-term investment goals are protected even in the event of the untimely d...
The Daily Mail newspaper reported on a family scandal over payments under a life insurance policy. A woman contacted the financial affairs and property management with a complaint that after the death of her brother she was deprived of payments under...
The answer is yes: you can have multiple life insurance policies, and some people do so to provide additional financial security in case of unexpected death....
Most Kazakhstanis associate life insurance with compulsory employer policies against accidents or death, but these are not all the possibilities of modern insurers. You can make money on life insurance. Besides, the return will be in dollars, and it ...