bs-preloader__icon
ru kz en
News
Infineo tokenizes over $125 million in life insurance policies
The National Bank is studying the risks, which the financial market of Kazakhstan is exposed to
Traffic accident involving a deceased person was staged for insurance payments
They talked about insurance programs in case of critical illnesses in Russia
Expert opinion
What types of life insurance are there and how to choose the right one?
The region with the richest people who have low physical activity is named
Bereaved woman uses Tik Tok to teach insurance literacy
Loans secured by insurance policy are popular in Canada
Russia presented the image of average participant in a long-term savings program
Commission to establish causes of mining accident in East Kazakhstan
News
Infineo tokenizes over $125 million in life insurance policies

Blockchain-based startup Infineo announced that it tokenized over $125 million in life insurance policies. These policies are not new they have been uploaded by insured individuals to the tokenization platform. The main purpose is to notify beneficiaries in the event of the policyholder’s death. However, in the future, Infineo plans to create a secondary market for these policies and support lending using insurance policies as collateral.

The National Bank is studying the risks, which the financial market of Kazakhstan is exposed to

The National Bank held a session of expert and analytical club at AlmaU University, LS reports.

Traffic accident involving a deceased person was staged for insurance payments

Two local residents were to appear in court in Karachay-Cherkessia for initiating a traffic accident involving the body of their relative who had died from an illness in order to get insurance benefit of 5 million rubles (26.8 million tenge).

Popular types of Life Insurance in the US named

Life insurance is an important part of the financial planning process. Over 50% of consumers worry that their life insurance policy is not enough to protect their loved ones.

They talked about insurance programs in case of critical illnesses in Russia

Head of the Insurance Products Development Center of Rosgosstrakh Life Insurance Company Yelena Dontsova took part in the round table "Get insured against cancer". She talked about options of insurance programs in case of critical illnesses, the insurer's press service reports.

What types of life insurance are there and how to choose the right one?

Insurance, and life and health insurance, in particular is a profitable and useful financial instrument. The purpose of concluding a life insurance contract is to help a person avoid unexpected financial expenses in unforeseen situations, and depending on the goals of the policyholder, the list of risks included in the life insurance plan will differ, writes RBC.

The region with the richest people who have low physical activity is named

A healthy lifestyle requires regular and sufficient physical activity, but many adults around the world are not physically active. As of 2022, almost a third of the world's adults or about 1.8 billion people do not have the recommended level of physical activity. According to WHO standards, adults are recommended to do 150 minutes of moderate-intensity physical activity, 75 minutes of vigorous-intensity physical activity, or their equivalent per week, writes Inc. magazine.

Bereaved woman uses Tik Tok to teach insurance literacy

A woman whose partner died in a jet ski accident is using TikTok to teach people about life insurance, the BBC reports.

Loans secured by insurance policy are popular in Canada

Loans secured by life insurance policies are popular in Canada, especially among people who want to access cash without selling their assets. These types of loans allow owners of savings and investment policies to borrow against the surrender value of the policy.

Russia presented the image of average participant in a long-term savings program

The lThe long-term savings program (LTSP) launched this year continues to gain popularity in Russia. The agreement under this program can be concluded with a non-state pension fund. As of the first half of 2024, Stavropol residents opened 10.5 thousand LTSP piggy banks.ong-term savings program (LTSP) launched this year continues to gain popularity in Russia. TheThe long-term savings program (LTSP) launched this year continues to gain popularity in Russia.The long-term savings program (LTSP) launched this year continues to gain popularity in Russia. The agreement under this program can be concluded with a non-state pension fund. As of the first half of 2024, Stavropol residents opened 10.5 thousand LTSP piggy banks. The agreement under this program can be concluded with a non-state pension fund. As of the first half of 2024, Stavropol residents opened 10.5 thousand LTSP piggy banks. agreement under this program can be concluded with a non-state pension fund. As of the first half of 2024, Stavropol residents opened 10.5 thousand LTSP piggy banks.

Commission to establish causes of mining accident in East Kazakhstan

The Ministry of Labor and Social Protection of Population of the Republic of Kazakhstan (MLSP) created a commission to conduct a special investigation into a group accident that occurred at a mine in the East Kazakhstan region, which resulted in the death of four people, the press service of the department reports.

The Mecenat.kz competition winner gained $500 per month for life from LIC Freedom Life

The winner of the third season of the Mecenat.kz project for the best novel about Kazakhstan was determined in Almaty. The novel "Omir Baiteregi" by the famous Kazakhstani writer Saule Doszhan was determined as the best in a protected popular vote on the competition website.

About 5 million insurance policies were purchased by the British to cover their pets

UK insurance companies concluded a record number of contracts to cover their pets last year. According to the Association of British Insurers (ABI), the number of insurance agreements amount to 4.4 million, which is 1.7 million more than 10 years ago.

Weekend travel insurance: low price and reliable protection

Weekend tours are popular in Almaty. After all, every city dweller needs rest, silence, and unity with nature. In our country, the product "Insurance of tourists traveling abroad" is widespread. Travel insurance in the Republic of Kazakhstan is protection against unforeseen expenses during a trip in Kazakhstan. Purchasing an insurance policy is much more lucrative than paying for a doctor's appointment, buying medicines and other treatment costs when the need suddenly arises. Therefore, LIC Nomad Life offered the market a "Tourist" policy that costs only 200 tenge and provides a 24-hour coverage.

Favorites
Expert opinion

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