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UL and updated tax deduction will help Russians attract investment in the economy

People’s investments through life insurance programs can become a driver of the Russian economy. This was stated by SberLife Insurance Managing Director Evgeny Shcheklanov during the conference “Banks and Clients in the New Reality” in the media center of the Komsomolskaya Pravda media group.
UL and updated tax deduction will help Russians attract investment in the economy

The expert believes that the introduction of shared life insurance and amendments in legislation on tax deductions will support long-term investments in priority national projects, including import substitution.

The specialist notes that in conditions of turbulence, consumers are reoriented towards savings and prefer more conservative and protective products. This trend, in particular, confirms the growth of fees on endowment life insurance (ULI).

According to the expert, there is a need to adopt legislation on shared life insurance (unit-linked) the further development of life insurance.

Photos are from open sources.

 

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