Rosgosstrakh Zhizn has been offering the “Children's Capital” product on the market for several years. According to sales, women buy such policies most often making 77.8% of policy owners. Their average age is from 30 to 40, thus, the savings for their children’s future are most often formed by mothers. In 2020, the number of dads who register child endowment has slightly increased: they are not 22%, but 22.2%. The average age of fathers is 40.
Life insurance programs for children help save money for education and create a financial reserve in case of parent's disability.
Photos are from open sources.