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LIC Nomad Life offers the highest dollar rate on its product in the country

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.
LIC Nomad Life offers the highest dollar rate on its product in the country

The Zoloto Nomadov program has been on the market since March 2018 and over the years has established itself as a reliable financial instrument. The contract includes 100% capital protection and ensures high returns.

The guaranteed return ranges from 2% to 4.1% in USD, which is 3-4 times higher than the average return on classic financial instruments. The profitability of endowment insurance policy is directly related to the validity period of such a policy. The longer the insurance term, the higher the rate of return, that is, to get the maximum rate, you need to place funds for several years or more.

“Inflation in Kazakhstan is now in the double-digit zone. Financial institutions cannot provide income in tenge, which significantly exceeds the price increase and brings real return to their customers under these conditions. Therefore, we set ourselves the task of maximizing the income of our dollar product "Zoloto Nomadov". In addition to the high dollar return, one should not forget about the main component - the endowment life insurance policy - this is the financial protection of loved ones from unforeseen circumstances, which gives significant value to the accumulative instrument," commented Yerlan Kambetbayev, the Board Chairman of JSC LIC Nomad Life.

Being one of the fastest growing players in the financial market of Kazakhstan and being socially responsible, the company is the largest taxpayer in the industry. The company is part of the Nomad insurance group.

Credibility of JSC LIC Nomad Life is verified with a long-term rating at the level of "BB+" (stable outlook) and "kzAA" assigned by the International rating agency S&P Global Ratings. The Company's rating is one of the highest in the life insurance industry among the CIS countries.

Photos are from open sources.

 

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