bs-preloader__icon
ru kz en

The maternity capital may be allowed for investing in endowment life insurance

It may be allowed in Russia to place the maternity capital in endowment, special banking or brokerage products, such as deposits in state banks, bonds secured by state guarantees, or bonds issued by state companies or state banks. This idea was discussed in early February at a meeting with First Deputy Prime Minister Andrey Belousov, Kommersant reports.
The maternity capital may be allowed for investing in endowment life insurance

As the newspaper notes, the project “Roadmap for the formation of investment development mechanisms of the Russian Federation” includes the expansion of investment opportunities for maternity capital. After the meeting between the Ministry of Economy, Ministry of Labor, Ministry of Finance and the Bank of Russia it was assigned to work out the initiative or exclude it.

The central bank proposes to invest the maternity capital in pension accounts and pension reserves, as well as universal life insurance. “These are instruments with minimal risk allowing maintain the original focus of maternity capital allocation: long-term improvement of living conditions for families with children,” the Central Bank officers explained.

As a reminder, as of January 1, the maternity capital for the first child is 483,881 rubles, for the second child - 155,550 rubles. For families that have not received the maternity capital for their first child, it is equal to 639,432 rubles.

Source: https://www.kommersant.ru/doc/4682419?query=%D1%81%D1%82%D1%80%D0%B0%D1%85%D0%BE%D0%B2%D0%B0%D0%BD%D0%B8%D0%B5%20%D0%B6%D0%B8%D0%B7%D0%BD%D0%B8

Photos are from open sources.

Share
read also
Why you need to insure life in old age
Why you need to insure life in old age

According to the US Social Security Administration, every third 65-year-old man lives...

What happens to the body if you eat fried foods every day
What happens to the body if you eat fried foods every day

It is very difficult to imagine your diet without fried foods nowadays. They certainl...

Gender Gap in Life Insurance
Gender Gap in Life Insurance

According to study by the Royal London insurer, the men’s coverage is 65% higher th...

The most interesting materials of the site you have in the mail! Subscribe to the newsletter.

ASK A QUESTION TO THE EXPERT
ASK A QUESTION TO THE EXPERT
Submit your application