Universal life insurance contracts are concluded by commercial and various industries (consumer, food, mining, metallurgy, etc.) workers; these segments account for about 13% of endowment contracts.
“Next are financiers and developers: the representatives of each of these activity areas account for approximately 8% of the concluded agreements. Another 7% of contracts are concluded by clients working in healthcare and education. State officials (3% of contracts), law enforcement and the military (2%), clients working in advertising and PR (1%) also save with the help of endowment,” the company’s release says.
28% of endowment contracts are concluded by top managers, general directors and their deputies. 10% of clients are middle managers, another 10% are specialists. Individual entrepreneurs concluded 8% of all endowment agreements, pensioners and housewives - 13%.
According to Sberbank Life Insurance, about 30% of endowment agreements are concluded by people aged 36–45, almost the same amount, 28% of total contracts are customers under the age of 35 years. 42% of customers are ready to save from 6 to 10 years, 22% plan to make savings for 11-15 years. A fifth of clients sign five-year contracts, and a tenth - 16–20-year contracts.
Photos are from open sources.