At what age Kazakhstanis most often travel to other countries and how much they spend on overseas trips, the experts of LIC Freedom Life found out during the study....
If you run a small business with no employees and are the breadwinner for your family, a custom life insurance plan, such as term life insurance may be enough to meet your needs....
Modern Life announced the launch of an instant life insurance program. Thanks to the digital platform, the clients can choose from several products (e.g. permanent life, term life, long-term care)....
LS is discussing with professional participants how popular an educational accumulative insurance product with the state (SESS) is among Kazakhstanis....
As of March 1, 2024, pension savings (PS) of citizens of Kazakhstan in the UAPF formed through mandatory pension contributions (MPC), mandatory professional pension contributions (MPPC) and voluntary pension contributions (VPC), reached 18.5 trillion...
The study conducted by the experts of LIC Freedom Life showed which countries cancer diseases were most often diagnosed in, and where the survival rate of cancer patients was highest....
Life insurance is a product that generates a lot of controversy. The BCS World of Investments magazine examines the pros and cons that help you make an informed decision....
Annuities are financial products that may play a key role in planning your income in retirement. They provide an opportunity of investing with a guaranteed future return, which makes them a popular choice for financial stability in retirement....
Investment insurance (ILI) combines elements of life insurance and investment by offering clients an opportunity to protect both their lives and investments....
SberLife Insurance acted as a partner in the launch of the carrier rocket Soyuz-2.1a with the Soyuz MS-25 manned spacecraft, which took place on March 23, 2024, the insurer’s press service reports. Part of the crew successfully returned to Earth on...
It is worth noting that the extensive increase in costs in recent years has not allowed the domestic healthcare system to achieve a high level of medical care. According to the Ministry of Health of the Republic of Kazakhstan, the level of population...
According to the analysis of endowment portfolio of IC Rosgosstrakh Life over the previous two years, the company’s client base is getting younger. Coverage programs are becoming increasingly popular among people under 40 years of age. Notably, men...
As it is known, the investing of pension assets is carried out by the National Bank of the Republic of Kazakhstan, and from 2021 – by investment portfolio managers (IPM). The main goal of such trust management of pension savings is investing in var...
Pension savings of Kazakhstanis in the Almaty region have increased by more than 2.5 times. However, at the level of other regions, this volume is one of the lowest, LS reports....
In February 2024, the first payments began to be received into target savings accounts (TSA) in the UAPF for Kazakhstanis who had reached the age of 18, as part of the “National Fund for Children” program. According to the program, 50% of investm...
It was proposed to revise pension contributions of Kazakhstani entrepreneurs who do not have employees, LS reports....
Children are the most precious thing we have, and their safety always comes first. With their incessant energy, there is always a risk of injury or accident. The question of insuring children usually occurs when traveling abroad, when insurance is a ...
Unit-linked (UL) or investment life insurance is similar to endowment life insurance due to interest accrual but is usually purchased for income purposes only, though for various reasons they may not exist. Insurance company manages your funds by, fo...
Life insurance is approximately the same in all countries and usually implies a regular, long-term relationship between insurance company and policyholder. Life insurance is firstly aimed at two universal risks: survival to a certain age or death of ...
According to the International Labor Organization (ILO), about 374 million injuries and 2.78 million deaths are reported annually worldwide. This results in a loss of 4% of global GDP. The total value of compensation for work-related injuries is appr...