When a person decides to buy a life insurance policy, he needs to answer a key question: how much life insurance coverage he needs, how much to protect his life for. The CNN article answers these questions....
According to the National Bank, as of January 1, 2022, 16.4 trillion tenge were kept on deposits of financial institutions, LS reports. This is 22.4%, or almost 3 trillion tenge, more than the same date in 2021. Legal entities account for about 5.5 t...
State Duma members proposed to introduce compulsory life and health insurance for volunteers of federal departments in the amount of up to 1 million rubles. The bill has already been prepared; its text is at the disposal of Interfax....
Finding the best investment option requires serious research. For new coming investors, it is recommended to consult a professional before choosing any investment strategy....
The riots and terrorist acts that took place in Kazakhstan caused enormous damage to the social sector, economy and business. According to the National Chamber of Entrepreneurs of the Republic of Kazakhstan Atameken, the total amount of damage was 10...
Social Security affects every family and the lives of nearly all Americans, according to GOBankingRates....
ULIP is a hybrid investment product designed to meet both investment and insurance needs. The insurance premium is invested in various funds of the insured’s choice, which may belong to several classes of assets, writes The Economic Times....
Annuity is a retirement savings tool that can complement other forms of retirement income and give a sense of security when retiring. In fact, it is the only financial instrument that guarantees you a lifetime pension, writes Arizona News....
Insurance is an important tool to ensure the financial security of you and your family in case of unforeseen negative events. Adding term insurance to the financial plan can help in a crisis, Business News Today reports....
According to statistics of developed countries, there are almost twice as many people who deposit money with insurance companies than those who deposit it with credit institutions. US citizens, for example, have an average of about 15 insurance polic...
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...
