ILI, or investment life insurance, is a comprehensive financial product that includes both insurance functions and the ability to invest in the stock market. Endowment (ULI) is when a person insures their life and annually receives a portion of return (an agreed percentage) from the insurance company.

For seven months of 2024, the net investment return of Kazakhstanis in the UAPF has exceeded 1.38 trillion tenge, which is 619.3 billion tenge or 81.4% more than the same period last year, the Fund's press service reports.

A special commission created to investigate a group fatal accident that occurred on July 20, 2024 in Karaganda at the YDD Corporation ferroalloy plant, having studied the circumstances of the incident, determined that the employer was primarily to blame. This was reported by the press service of the Ministry of Labor and Social Protection of Population of the Republic of Kazakhstan.

One of benefits of child life insurance is that these policies accumulate cash value, a reserve component. Part of premium goes on accumulating cash value, which grows over time. Often, at age 21, insureds renew the policy, thereby continuing to accumulate.

In the 1st HY 2024, Kazakhstanis concluded almost 3 times more retirement annuity contracts with LICs than in the 1st HY 2023. Moreover, if in previous years, clients' pension savings have been often transferred between companies - market participants, now money is flowing from the UAPF to LICs.

In the first half of 2024, employers transferred mandatory pension contributions in the amount of 98.4 billion tenge and in favor of 3 million 926.5 thousand employees. This was reported by the press service of the Ministry of Labor and Social Protection of Population of the Republic of Kazakhstan.

A decent amount can be built with the help of life insurance policies. These are low-risk investments but they bring high returns. Affluent people often use their policies as a way to accumulate additional income or increase their pension. Here are four tips to get the most out of your life insurance policy.

In February, Kapital Life launched a voluntary health insurance program that provided professional long-term care at home and in hospital. The “Standard of Care” insurance program is risky; healthy people who do not need care on the insurance contract conclusion date are accepted for coverage.

The UAPF continues to explain the proposals by the Kazakhstani expert group, which included well-known economists Grigory Marchenko, Oraz Zhandosov, Bolat Zhamishev, Kadyrzhan Damitov, Anvar Saidenov, Elena Bakhmutova. Their proposals are aimed at strengthening the financial stability and adequacy of the pension system.

Losing a large number of teeth, especially in old age, is correlated with an increased risk of death from cardiovascular disease, stroke, and other serious heart problems. Previous research also demonstrated a link between one or more missing teeth and an increased risk of heart disease and cardiovascular disease in general. In addition, poor oral hygiene is also a known risk factor for heart and vascular disease, which is the leading cause of death worldwide, Inc. magazine reports.

Prudential Financial offered the market an insurance product called Prudential Momentum IUL. The policy offers life insurance with indexed returns, which provides clients with financial protection and the possibility of capital growth adapting to changes in the life of its owner.

Since the year beginning, about 357.3 billion tenge have been allocated from the national budget for the payment of state social allowances (SSA) for disability and loss of a breadwinner. In addition, the State Social Insurance Fund (SSIF) made social payments for loss of labor capacity and loss of breadwinner in the amount of about 46.8 billion tenge, the press service of the Ministry of Labor and Social Protection of the Republic of Kazakhstan reports.

According to the Ministry of Internal Affairs, since November 2022, about 58 million calls have been blocked in Kazakhstan, including from spoofed numbers. And in the first six months of this year, the withdrawal of more than 380 million tenge by criminals, which they could have “earned” from their fraudulent schemes, has been blocked. Fingramota.kz tells how scammers impersonate others using spoofing and how you can protect yourself from their attacks.

Women who have regular sex are more likely to live longer, according to the representative study. Its findings were based on surveys and physical examinations of men and women aged 20 to 59 as part of the National Health and Nutrition Examination Survey (NHANES), Inc. magazine reports.