The State Education Savings System (SESS) in Kazakhstan is a financial product that allows common people to accumulate funds to pay for their children's education. SESS is based on two types of savings - you can save both with the help of a bank and with a life insurance company (LIC). All major LICs now offer SESS products. Here we will tell you about the advantages of the Nomad Bolashaq policy.

One of the main problems for retirees is the fear that they may outlive their savings. No one wants to end up in old age without enough income. One financial product that can help ease these concerns is annuity. By investing a certain amount, a person receives guaranteed income payments for the rest of their life.

Ayran is a fermented milk drink with a soft, thick consistency and a refreshing salty-sour taste. The traditional method of preparation involves continuously stirring yogurt with water and salt for 1-2 minutes at room temperature. However, this is not the only recipe for the drink: sometimes milk is used as a base, to which the ferment is added, writes RBC.

The main difference between endowment and deposit is life and health insurance for the entire term of the policy. With endowment, financial goals and plans will be fulfilled even in the event of unforeseen life situations. If an insured event occurs, the company will either continue to make contributions for the client or pay compensation stipulated by the contract. This gives clients the opportunity to plan for the future with more confidence: while the contract is valid, their life is insured, and savings grow, writes RBC.

When retirement annuities are combined with another key source of income, Social Security, in the US, the product can provide financial security in old age.

Today, September 16, 2024, the Ministry of Labor and Social Protection of Population (MLSP) of Kazakhstan spoke about benefits and conditions of retirement annuity (early retirement), Zakon.kz reports.

In the US, life insurance for children is often purchased by parents for a number of reasons, although it is not required.

As of August 1, 2024, the number of pensioners in Kazakhstan was 2.4 million people. The average total pension is 132,110 tenge, including PAYG pension of 89,479 tenge, and basic pension of 42,631 tenge.

Diseases can affect men and women differently. For example, men suffer more during the acute phase of COVID-19 infection, while women are more likely to face long-term consequences, the online publication "Knife" reports.

Max Life Insurance has launched a new investment product, ULIP (Unit Linked Insurance Plan), which is focused on a small cap index. This is the first ULIP in the insurance industry that focuses on small caps.

Unit Linked Insurance Plan (ULIP) is a combination product that joins life insurance and investments. Under ULIP, a part of premium is used to cover life insurance, and the rest is invested in various financial instruments such as stocks, bonds, and mixed funds. ULIPs are popular in countries such as the EU, USA, Canada, and India due to their flexibility and ability to grow capital along with life coverage.

The Australian government banned insurance companies from using genetic test results to deny life insurance or increase premiums. Australians previously avoided genetic testing out of fear that it could impact their ability to buy a policy.

The Tamil Nadu Cauvery Farmers’ Protection Association drafted the development and implementation of a special life insurance program designed exclusively for region farmers.

Doctor of Medical Sciences, professor of the Department of Therapy with a course in pharmacology and pharmacy at the ROSBIOTECH University Vladimir Popov tells RIA Novosti which products can provoke a stroke.