Some insurance experts hold to the view that the level of development of life insurance reflects the level of development of society as a whole, the level of people’s trust in general state stability, The Financial Express writes....
Investment life insurance (ILI) is a long-term agreement for a period of 3 years or more, under which you pay premiums in order to accumulate some amount. It is a hybrid of insurance and investment, according to vc.ru....
A unit-linked insurance plan (ULIP) is a multifaceted product issued by insurance companies, it combines insurance coverage and investment risks in one offering, Business Standard informs....
According to experts, only retirement annuities (remuneration payment or payment of part of the principal plus interest) used in combination with other options, will be able to guarantee stable income after retirement. The main of them is the Fixed I...
Annuity is an insurance agreement that pays an annual annuity over a period of the insured’s life in exchange for a lump sum premium upon signing the contract....
There are a number of well-founded critical comments on annuities, but it's worth noting that there are several potential benefits that annuities bring to their owners, according to Yahoo Finance....
According to results of seven months of 2021, annuity insurance continues to be the fastest growing class. The total premiums of life insurance companies (LICs) on annuity insurance increased by 122.5% compared to the same period in 2020 and exceeded...
There was a live broadcast dedicated to life and retirement insurance on the Fingramota.kz website page on Instagram. Ramay Kurbangaliyev, Sales and Regional Development Department Director of Nomad Life, spoke about the specifics of annuity insuranc...
When we meet old traveling retirees being on holiday abroad, we are overwhelmed by a feeling of annoyance and injustice. If you convert their pensions into tenge, you get unprecedented amounts of payments by our standards. Let us understand, why such...
A new strain of coronavirus Delta is becoming dominant in many countries worldwide. Against this background, corporate clients of insurance companies have begun to show an increasing interest in voluntary health insurance (VHI). Thus, LIC premiums in...
Maintaining a habitual lifestyle and level of well-being in retirement becomes almost completely an independent task for each person. Even if you are still far from retirement, it is better to start planning your financial sources in the retirement p...
Investment life insurance Unit-Linked became available for Kazakhstani people last year. A potentially high return on investment makes this product. The chief of the investment life insurance department at Nomad Life told LIFE INSURANCE about investm...
Against the background of instability in international capital markets and closure of another domestic second-tier bank, life insurers manage to earn stable and high income for their clients. Thus, in the first five months of this year, LICs have pai...
The S&P Global Ratings report “Assessment of Industry and Country Risks of the Life Insurance Sector: Republic of Kazakhstan” notes that the growth of insurance premiums in the industry amounted to 1.1 times over four months of 2021. The represen...
Unit-linked is the name of life insurance investment programs popular overseas. LIC Nomad Life refutes the misconceptions about investment life insurance on the example of its own product ZOLOTO NOMADOV Invest....
The coronavirus pandemic affected the entire financial market, and insurance could not stand aside, even policyholders’ behavior changed. Nevertheless, all insurance companies got through this difficult period with dignity....
The total amount of pension assets as of May 1, 2021 amounted to 12.6 trillion tenge. The pension assets of the UAPF being in the trust management by the National Bank, are 12,593.67 billion tenge. The pension assets of the UAPF, transferred by inves...
According to the WHO and Ministry of Health of the Republic of Kazakhstan, the specialists of life insurance company Freedom Finance Life have compiled a rating of diseases from which people die most often worldwide. The insurers have also found out ...
The number of clients of the IC Rosgosstrakh Life who signed endowment life insurance contracts for their children increased by almost 31.8% in 2020, according to the company's press service....
The life insurance company Nomad Life announced the launch of another campaign among the ZOLOTO NOMADOV and ZOLOTO NOMADOV Invest policy owners. This time the insurance company’s clients will be able to win the Toyota Camry 75. Following the previo...