The insurance company Capital Life Insurance is the first on the Russian market to launch a voluntary health insurance program Standard of Care, which provides professional long-term care at home and in hospitals....
Starting from January 1, 2024, the savings system of Kazakhstan has been supplemented with a new component. These are employer’s mandatory pension contributions (MPC). Now, in addition to the mandatory 10 percent contributions from the employee’s...
Investment life insurance (ILI) is a safe investment. The product is suitable for those who want to try investing but are afraid of losing money. ILI gives you the opportunity to try your hand at investing in order to receive additional income and, i...
On February 1, the first money from the National Fund of the Republic of Kazakhstan were transferred to the UAPF of all children - citizens of Kazakhstan. 6,919,131 children became participants of the program. Each of them received the same amount of...
The researchers from the University of Copenhagen and Northeastern University in Boston are refining a neural network, a GPT-based model that can predict a person's date of death and other important events in people's lives with up to 80% accuracy....
According to the Law of the Republic of Kazakhstan “On compulsory insurance of employees against accidents during the performance of their labor (official) duties,” each employer is obliged to conclude an insurance agreement for its employees, th...
While there is no single type of life insurance that is technically called a family life insurance policy, a wide range of insurance options that might benefit you and your family is available....
The number of people who know exactly what they want to get tomorrow is growing every year in our country. They set goals and calculate how much money and time it will take. Given the volatility of the tenge exchange rate, some Kazakhstanis prefer to...
The UAPF accrued the first purpose requirements (for children under the age of 18) and the first target savings have been transferred to target savings accounts (for children who will turn 18 in 2024) under the “National Foundation for Children” ...
To help depositors, the UAPF is launching a new tool for future pension planning, a personal pension savings plan....
During the study, the officers of LIC Freedom Life identified the most common insurance cases among tourists traveling abroad, and how much medical treatment cost without travel insurance....
The number of issued term insurance policies to self-employed Indians has increased by 25% between July 2021 and September 2023, this is stated in the regulator's report....
Endowment insurance is an insurance product that allows you to simultaneously insure life and health and form savings, while ensuring the security of invested funds. In this regard, such programs can also be considered as diversification of your inve...
Starting from January 1, 2024, a phase-in of compulsory pension contributions of employers (CPCE) from their own funds in favor of their employees from 1.5% this year to 5% by 2028 has begun. In old age, these employees will be provided with an addit...
Prices for drugs and medical services are rising, while rate of cancer and cardiovascular diseases remains high. How can you be sure that a quality medical care for you and your relatives will be affordable if you need it? Critical illness insurance ...
Conventional insurance looks like this: you purchase a policy with compensation of possible consequences of some unpleasant situation, such as fire, death, loss of job, and so on. For this, you pay a small amount to the insurance company every month....
The State Educational Savings System (SES) is a special government support program aimed at creating a saving educational capital for children. The state provides parents or legal representatives of children with the opportunity to organize savings a...
A new instrument for long-term investment, unit-linked (UL) insurance, will appear on the Russian market. One contract will combine classic life insurance for the client and management of their investments in mutual funds, ASN reports....
A few weeks ago, the head of state signed a law on the transfer of funds to children from the National Foundation of the Republic of Kazakhstan. The document identifies the UAPF as an operator of allocated savings accounts. Life insurance companies c...
Endowment life insurance (ULI) programs are considered a more reliable way of investing than playing on stock exchange or investing in mutual funds. The only difference between endowment and ordinary non-life insurance is that it is possible to retur...
