Almost every sixth person (16%) dreams of going on vacation in the short term. In the medium term, 28% plan to purchase real estate, 28% plan to buy a car, and every seventh (14%) simply intends to save a certain amount of money, Insurance Company Ro...
Determining the amount of coverage depends on many factors, for example, financial obligations, monthly expenses, future expenses for children's education and life goals. The coverage amount is usually calculated based on the need to replace the loss...
The main changes in the life insurance industry in the coming year include innovations in the law on compulsory insurance of employees against accidents, as well as the unified voluntary savings system “Keleshek” - a new program within the State ...
As of November 1, the volume of insurance premiums in the life insurance industry exceeded 286.6 billion tenge, a 21.1% increase compared to the same period last year. In terms of insurance products, the growth of insurance premiums for the same peri...
The fees for 11 months of 2023 have exceeded the results of the same period in 2022...
There is an increase in the number of people with occupational diseases in Kazakhstan. The number of people who earned not only wages but also illnesses at their workplace was replenished by another 657 people last year, writes Energyprom.kz with ref...
The calculator for preliminary calculation of size of special social benefits (SSB) for persons working in hazardous working conditions is available in a personal account on the HR Enbek Labor Resources Portal. This was reported by the press service ...
In January-September 2023, there was an increase in all key indicators of the life insurance market against the backdrop of demand for LIC products supported by legislative incentives, the FIAK Analytical Center reports....
Risk determination is a key when assessing the cost of life insurance. When insurance company evaluates the risk it is taking, several factors are considered....
3.9 million students are studying in Kazakhstani schools in the current 2023/2024 academic year; 364 thousand of them are first-graders. Most first-graders are in Almaty schools, as well as in the Turkestan and Almaty regions, notes Finprom.kz....
A simplified procedure for transferring pension savings from the UAPF to life insurance companies will be introduced on January 1, the fund’s press service reports. Depositors will contact only selected insurance organization to conclude retirement...
Women are more likely than men to save for the future of their children with endowment life insurance (ULI) programs - 79% and 21%, respectively. Such data was obtained by SberLife Insurance after analyzing endowment contracts that Russians had enter...
The UAPF press service informed fund depositors about a new type of fraud....
The insurance payment guarantee system in Kazakhstan is built on the same principles as the deposit and pension savings guarantee system. Implicitly, in case of insurer’s bankruptcy, its obligations to an individual will be fulfilled at the expense...
The LIC Freedom Life specialists learnt what regions spend the most on trips overseas, and how much the cost on New Year tours to warm countries has changed over the year during the study....
According to experts, a purchase of a life insurance policy for child will help protect the family from unexpected situations and provide financial support in difficult situations. Besides, some types of insurance may provide additional services, suc...
Artificial intelligence (AI) gains a rapid traction having changed a number of sectors of the economy. What future awaits the insurance market with the subsequent development of AI, Dmitry Gorshkov and Vladislav Nabokov, managers of SberInsurance, to...
Life insurance is a type of insurance which purpose is the financial protection of policy owners and their families and loved ones. Retirement annuity is also a popular product in the world. There are, however, unexpected reasons for purchasing a lif...
It was proposed to set the minimum salary at 85 thousand tenge and pensions at 57.8 thousand tenge in Kazakhstan, LS reports....
Managing debt requires patience, discipline and strategy. Regularly monitoring of your own financial situation and taking proactive steps will help you manage your debt effectively and work towards your well-being....
