All Halyk-Life customers with universal life insurance contracts stipulating the participation in profit from investment activities get the additional return generated by the participation of the insurance policy in the investment activity of Halyk-Life JSC based on the results of 2019.
“As the company ended the year 2019 with the net profit, we are planning to distribute 162 million tenge between our customers in the form of dividends for the acquisition of additional insurance coverage in the amount of 212 million tenge. Such a distribution will be carried out to more than 20 thousand owners of existing endowment contracts with participation in profit from investment activities. It should be noted that Halyk-Life JSC has been regularly distributing insurance dividends under such insurance contracts for five years, thereby providing its customers with additional return. In total, during this period, the Company has distributed more than 1.7 billion tenge in the form of insurance dividends,” Oksana Radchenko, the Board Chairman of Halyk-Life JSC, comments on the decision to distribute the dividends.
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