Life insurance companies (LICs) have recently entered the compulsory travel insurance market. This class usually belonged to general insurance companies. The market is small, and the more offers there are, the more choice the service recipients have....
SESS is an opportunity for any citizen to save enough money to pay for their children’s vocational and higher education in Kazakhstan or abroad, the press service of the Agency of the Republic of Kazakhstan for Regulation and Development of Financi...
According to the Agency of the Republic of Kazakhstan for Regulation and Development of Financial Market, the number of insurance contracts concluded with individuals and legal entities was 945,505 in January 2023, which was 35.9% more than in Januar...
Another Open Day will be held online in all UAPF branches on March 14. The theme of event this time will be retirement annuity as one of the options of pension payments....
Life Insurance Company Nomad Life expanded the foreign currency savings product Zoloto Nomadov and set the maximum rate to 4.1%. This is currently the highest rate of return on the LIC market....
Most Kazakhstanis believe that life insurance is a policy for dangerous work. However, LICs have significantly expanded their product line in few years, they offer return comparable to deposits, and in some cases, the profit of insurers even exceeds ...
Glaze ice often falls from the roof in winter. As a result, both young people and the older generation get injured. The damage can be compensated with the help of insurance policy, the ASN website writes....
Yandex Delivery offered life and health insurance service for drivers on IT platform. Drivers who fulfill orders on goods delivery through the platform, get insurance coverage for each trip. The insurance partner of the service is Ingosstrakh, the or...
Kazakhstanis who have retirement annuity agreement have received the right to a partial refund of money from life insurance companies back to the UAPF. We will tell you what retirement annuity is and how you can cancel the purchased policy in this ma...
Life Insurance Company Max Life Insurance Company conducted a sociological survey. According to its data, 74% of middle-class men have life insurance policies. This index among working women is 71%, writes Business News Today....
Insurance policy is usually perceived as a tool to protect against monetary expenses. However, it can also help in accumulating large sums of money. Read more about the features of this financial instrument in the material by NUR.KZ....
Kazakhstan imposed a tax on remuneration on individual tenge deposits announced in 2022 and payable after February 23, 2023 into the Tax Code, the State Revenue Committee of the Ministry of Finance of the Republic of Kazakhstan reports....
Life insurance allows not only take care of family members but also include pets in the policy. The benefit in case of the owner’s death can provide pet care, writes The Motley Fool....
Legislative amendments allowing insurance organizations to participate in the State Educational Savings System (SES) came into force last September, the press service of the Agency of the Republic of Kazakhstan for Regulation and Development of the F...
The specialists of LIC Freedom Life have conducted a social survey among Kazakhstanis to learn who is interested in endowment life insurance and why endowment is considered the most trustworthy financial instrument....
The life insurance company Halyk-Life was the first among all Kazakhstani LICs to receive a license to participate in the state educational savings system (SESS), the organization’s press service reports....
According to the results of January-September of this year, the number of deaths in Kazakhstan amounted to 101.7 thousand people, which were 26.1% less than a year earlier, Ranking.kz writes....
The new thresholds of the minimum sufficiency of pension savings for 2023 were published in Kazakhstan. They are now from 3 to 10 million tenge, depending on age, Ranking.kz reports....
The officials are trying to initiate a redistribution of the insurance market. Thus, the National Research Institute for Labor Protection of the Ministry of Labor and Social Protection of Population of the Republic of Kazakhstan presented proposals f...
Indian middle-class families are increasingly thinking about spending on their children’s education. However, there are a lot of parents in the country who save up for their child’s wedding or real estate. The choice of investment product for a c...
