The Freedom Life experts have learned how the Kazakhstani pension system has been changing in recent years, and why the importance of retirement annuity is increasing....
Higher education tuition fees are a major concern for 70% of UAE households. Such data was obtained as a result of a survey commissioned by Zurich International Life, writes Zawya....
Verkhovna Rada registered a draft law on the treasury pension plan. Thus, the voluntary funded system will allow citizens to make additional individual pension savings through the treasury, according to New Edition....
Modern children learn about money role in life very early. They see their parents paying money in the store and buying something for them. They hear people talking about money at home, on TV, or on the street. They early realize that money allows get...
Joint life insurance policy is a single policy that allows two people to receive pension at the expense of one insurance premium. This type of policy can provide financial security and peace of mind for couples and partners, according to Forbes Magaz...
Higher education is a serious asset for Kazakhstani people, and the need to invest in it is unquestionable. As a result, the financial market and the government are trying to expand the list of products that make it possible to pay for it. Now, with ...
Unit Linked insurance plans have been around for quite some time. However, after the pandemic, more and more people start focusing on this particular type of insurance. Modern UL products are a cost-effective option for a wide range of LIC customers....
Kazakhstanis who have spent their savings in the Unified Accumulative Pension Fund (UAPF) on the retirement annuity registration, do not currently have the opportunity to use them for personal purposes, but soon everything will change. NUR.KZ journal...
The head of state signed a new law reforming the pension savings market. Thus, the document allows life insurance companies to offer Kazakhstanis a new product, marriage annuity. The website of the Agency of the Republic of Kazakhstan for regulation ...
When saving up money, it is very important to protect it from constant inflation. An important factor here is the currency in which you save money. Everyone remembers the financial crises of the last two decades, when the tenge has depreciated in a m...
Life insurance startup Dallas life insurance Bestow is cooperating with the Empathy app. The joint project will support people who have recently lost their loved ones, according to Dallas News....
The President signed the amendments to the laws regulating the insurance market approved by the Majilis and Senate. The document introduces new products and restrictions for insurers. Thus, it is now regulated who and how life insurers will finance....
You can get passive income using various financial instruments. The official website of the Agency of the Republic of Kazakhstan for regulation and development of the financial market Fingramota.kz talks about various financial instruments, about end...
ULIP (Unit Linked Insurance Plan) is an investment product that allows invest in various assets (stocks, bonds, funds, ETFs) under a life insurance policy. Insurance in this product is nominal; the main focus is on investment. However, thanks to the ...
Retirement annuity (RA) is probably one of the most promoted products of Kazakhstani life insurance companies (LICs). However, consumers often complain about the high cost of annuities. In this article we will tell you what is included in the cost of...
The Russian Ministry of Finance has prepared a draft law on the introduction of shared life insurance (SLI) services in the insurance market, according to materials on the ministry’s website. The corresponding document is also posted on the officia...
As of year beginning, UAPF has paid 947.5 billion tenge. Most of the payments were lump-sum retirement benefits (EPO) for the improvement of housing conditions and medical treatment - 840.6 billion tenge, the fund’s press service reports....
How to properly control your budget? Where to keep savings, in a bank or life insurance company? What is the return on investment insurance? We asked financial market professionals to answer these questions....
The Insurance Regulatory and Development Authority of India (Irdai) published new rules for life insurers. They are expected to change term and medical life insurance products....
The draft law on the reform of funded pensions, developed by the Ministry of Finance and Central Bank, can be submitted to the State Duma before the end of the spring session (until July 31), Anatoly Aksakov, head of the lower house committee on the ...
