Basic conditions of voluntary life and health insurance. Accidental life and health insurance Electronic life and health insurance policy

In all developed countries of the world, the local population actively participates in voluntary life insurance. In this way, people take care of their relatives and friends, who may face difficulties after the death of their breadwinners.

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A timely issued insurance policy will make it possible to mitigate any forceful blow that fate often brings to people.

What it is

Voluntary is a service provided by public and private insurance companies to Russian citizens. This type of insurance can be issued only with the free expression of the desire of individuals to insure their lives.

The insurance company has the right to provide services in the field of voluntary life insurance of individuals only after obtaining all licenses and permits.

The insured person can be both the insured personally and his family member who has given written consent to participate in such an insurance project.

For this type of insurance, insurers establish one important limitation: the contract cannot be concluded for a period after which the insured person turns 70 years old (except for life insurance contracts).

Many state and commercial companies carrying out insurance activities on the territory of the Russian Federation offer various insurance programs to individuals.

Policyholders are given the opportunity at their discretion to choose the type of insurance policy that will best suit their plans for the future, as well as financial capabilities.

The amount of insurance premium can be directly affected by various factors:

• age of the insured person (at the time of conclusion of the contract);
• health status (this will be evidenced by the results of a medical examination);
• living and working conditions of an individual participating in voluntary life insurance;
• the level of financial support of the insured, on which the type of insurance policy depends;
• the presence of children and other dependents who depend on the insured person and are financially supported by him, etc.

Experts in the field of insurance recommend concluding such contracts for which the amount of regular insurance premiums is initially fixed. In this case, policyholders will be able to avoid unnecessary costs associated with unreasonable overstatement of insurance rates.

The validity of the insurance contract begins from the moment the first installment is made by the insured, therefore it is recommended that individuals make all financial calculations in a timely manner.

For all insured persons, the payment of insurance compensation in full will be guaranteed after the expiration of the contract.

At the time of drawing up the contract, the insured may indicate both himself and his close relatives or acquaintances as the beneficiary.

What are the advantages

A voluntary life insurance policy can bring to the insured person not only a guaranteed passive income, but also many advantages:

• when participating in loan programs offered to individuals by Russian banking and microfinance institutions, you can count on lower interest rates;
• the opportunity to receive the necessary amount of money for treatment in a medical institution, upon the occurrence of an insured event;
• the possibility of providing financial support to close relatives and members of their family in the event of the death of the insured person, etc.

Functions of voluntary life insurance

Federal Russian legislation clearly defines the functions of voluntary life insurance:

• compensation for damage to Russian citizens, or beneficiaries, upon the occurrence of an insured event;
• formation of a cash fund in insurance companies, from which all subsequent payments to customers will be made;
• prevention of insured events, thanks to which it will be possible to minimize material damage to insurers.

How is it happening

Currently, voluntary life insurance is regulated by Article 3 of the law "On the organization of insurance business in the Russian Federation".

This procedure is carried out as follows:

• a Russian citizen expresses a desire to insure his life, after which he begins to search for a company with which he can conclude an insurance contract on favorable terms;
• when drawing up the contract, it is necessary to take into account all the existing risks that the insured person may face;

This document is submitted for approval by both parties, after which it is signed. When concluding an insurance contract, the insurer and the policyholder must be guided by special rules containing important provisions.

• in accordance with the terms of the contract, the policyholder must pay the insurance premium to the cash desk or to the company's current account.

Confirmation of the completed transaction will be a voluntary life insurance policy drawn up and handed over to the insured person.

This document must be kept throughout the duration of the insurance, since after the occurrence of an insured event it will need to be transferred to the insured in order to receive the due payments.

When choosing a voluntary insurance program, you should carefully study all existing offers in order to choose the most favorable conditions for yourself.

It is better to entrust your finances to insurers who have been providing services in the field of voluntary insurance to the local population for many years and have received gratitude and positive feedback from them.

In this case, it will be possible to protect yourself from scammers who, after collecting money from insurers, cease to fulfill their obligations.

Voluntary life insurance contract

Voluntary insurance contract is concluded between the insurer and the insured. This document describes all the important points of this procedure and defines the duties and responsibilities of both parties.

The contract must contain the following:

• a complete list of insured events;
• all subjects of the insurance process are identified;
• the duration of the contract has been established;
• the amount of insurance payments, the insurance rate and the amount of the redemption amount have been established;
• timing of payment of compensation to beneficiaries;
• force majeure and other conditions that may cause the parties to fail to fulfill their obligations, etc.

When signing the contract, the policyholder must be notified of all the negative consequences that will arise if he violates the conditions and rules of voluntary insurance.

The duration of the contract is set individually in each case. It can be concluded for a certain period, or it can be indefinite, as is the case with life insurance.

Company rating

This table shows the most popular insurance companies that occupy leading positions in the ranking based on the results of their activities:

Programs

Currently, various programs of voluntary life insurance operate on the territory of the Russian Federation. According to them, various conditions, tariffs and insurance payments are established.

The procedure for issuing such policies is regulated by the Federal Legislation of the Russian Federation, which defines the following types of voluntary life insurance:

• temporary;
• mixed;
• life.

Voluntary insurance is classified as follows:

1. Policies without savings.
2. Cumulative insurance.

With temporary insurance, individuals enter into an appropriate contract with the insurance company, the validity of which is strictly limited.

As an insured event, this program will take into account the death of the insured person, after which the agreed amount of money will be paid to the beneficiary.

If at the time of the expiration of the insurance policy the client of the insurer is still alive, he will lose all his investments.

Russian citizens also take part in mixed life insurance on a voluntary basis. Insurance companies have set the following age limits for policyholders - 18-65 years.

For many individuals, this type of insurance is the only way to save money, which can be used by the insured persons themselves, upon reaching retirement age, or their heirs, after the occurrence of an insured event.

Life insurance guarantees the beneficiary a 100% insurance payment after the occurrence of an insured event.

The insured person has the legal right to terminate the contract with the insurer, and the redemption value of the insurance policy will be reimbursed to him.

This type of voluntary insurance is currently sold in Russia in the highest price range, so it is not available to all segments of the population.

To conclude a contract, individuals will need to undergo a medical examination and obtain a conclusion from specialists on their state of health. People with disabilities who have been assigned a disability group cannot participate in this type of insurance.

Price

Today, a huge number of programs are presented on the domestic insurance market, according to which you can purchase life insurance for individuals.

The table shows the most popular offers of Russian insurers specializing in voluntary life insurance:

When deciding to participate in voluntary life insurance, every Russian citizen must understand that thanks to a wide selection of insurance programs, he will be able to make quite impressive savings.

With the help of such insurance products, you can prepare a financial foundation for retirement, or make an impressive contribution to the future of your children, etc.

Video: Life insurance in Russia

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Last year I decided to take out a car loan. When I came to the bank, the manager started to boil water for me, saying that the salary is too small, and he is not sure if I can repay the loan. A friend advised me to voluntarily insure, thanks to which the bank could even lower the interest rate. On the same day I found an insurance company and bought such a policy. I went to apply for a loan at another bank. They immediately said that I have insurance. My application was approved without problems, and even the interest rate was reduced by 1%, since having an insurance policy in my hands, I automatically move into the category of trustworthy clients.

I recently returned from abroad, lived and worked there for several years. Their entire civilian population is actively involved in insurance, and they acquire policies for any reason. Upon arrival, I decided to buy insurance for myself and turned to a company that was highly praised on the Internet. I was very pleased with both the service and the amount of insurance payments and tariffs. I'm taking my wife in for insurance next month, just in case.

A few months ago I took out a policy under the program of voluntary life insurance. I didn't make this decision by accident. Not so long ago, a real tragedy played out before my eyes. Trouble came to the house of our neighbors, their head of the family became terminally ill. During the treatment of a neighbor, they spent all the money that they had saved for many years for a passbook, so when “everything happened”, his wife faced serious problems. The residents of the house raised some money, but to pay for funeral services, she had to take out a loan, and the bank took advantage of the situation and set her quite high interest rates. I decided not to expose my loved ones to such difficulties, and took out insurance, thanks to which they will cope with all financial difficulties if something happens to me.

Insurance is an important part of every person's life. So, any citizen of the Russian Federation knows about OSAGO as vehicle insurance. In addition, there is also compulsory health insurance and many other insurance options. But one of the most common options is life and health insurance.

This option helps a person not to worry about their health in vain, but to be sure that even in the event of an accident, illness or other situation, the insurance company will pay money to you or your loved ones to cover your costs. Let's look into all the intricacies of this insurance, as well as its price.

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What is life and health insurance

You don't have to be a millionaire or a superstar to register your life today, every mortal can do it now. According to insurers, every year the part of those who decide on life insurance is growing more and more, but they still cannot give an exact answer to what this trend is connected with.

Some argue that everyone needs money now, especially with such expensive medicine in the country. Others say that in our time it has become possible to feel protected, so people want to get this type of insurance as soon as possible. But be that as it may, life and health insurance remains an important and developed part of every country.

The object of insurance is the life and health of the insurer who suffered from an accident, as a result received an illness, some kind of disability or even death. So, in this case, all the money will be acquired by a person if he is sick, or his close relatives or persons specified in the contract, in the event of the death of the insured.

An object can learn its money if two situations arise:

• the death of the insured, if it was achieved through illness or accident;
• if, after an accident or some other incident, the object is given a disability of the first or second group.

Types of insurance

It turns out that life insurance includes all types of insurance, the subject of which is a person's life. It is for this reason that only the disability or death of the object will be protected. So, companies will help protect you not only from accidents and illnesses, but also the insurance policy will include conditions that you or your relatives will receive your money if harm is caused by a third party. Disability is a separate case, because although the object remains alive, it can no longer carry out the main function and earn money.

Any insurance company will tell you that the minimum term for life and health insurance should be 1 year. If the insurance is cumulative, then from 5 years. For this reason, cases of mixed insurance are common in insurance companies, which include both a risk and a funded system.

Life insurance can be divided into several types at once, and the data will depend on what criteria you are guided by.

So, in the form of insurance, it happens:

• Mandatory. In this case, you may be asked to insure your life at work or in any other organization to which you are directly related. In this case, life insurance will become a mandatory step for you.
• Voluntary. In this case, the insured himself, voluntarily, comes to the insurance company and himself concludes an agreement with it on favorable terms.

According to the term of insurance, it can be both short-term, that is, for a period of about a year, and long-term, this type of insurance is used in situations where insurance occurs for a long time, possibly for the entire life of the object.

Types of insurance

In insurance companies you will not find the exact classification of life and health insurance, each of them has its own criteria that determine the conditions of insurance and payments. But there are several types that are used in the insurance markets most often.

So, for complete clarity, let's highlight three completely different policies, with separate criteria and conditions:

• Term life and health insurance. In this case, in case of sudden death before the due date, all the money will be received by the next of kin or the person specified in the contract with the insurance company. In addition, the company offers a periodic premium system for the insured. This type of insurance does not have the possibility of redemption, but is the cheapest option. Most often it is used before the imminent death of the object, which will be in the near future.
• Lifetime life and health insurance. In this case, the objects will receive the money, regardless of when the subject dies, and what will be the reason for this. There is also a system of bonuses, but most often banks provide it once. The possibility of redemption does not appear immediately, but with the expiration of some time. The main benefit of this insurance is that the subjects will accurately learn their money. And not only if the object dies on time.
• Mixed insurance. This type is accepted if the object dies prematurely, or if it lives up to it. Of its features, I would like to note the possibility of a full redemption, as well as the periodic possibility of a bonus. Experts call this type of insurance a kind of investment, since you will have to pay quite a lot. But the risk remains the question of whether you get your money back.

Basic categories for calculating insurance

It is important to know that the cost of your insurance depends not only on the insurance company, but also on you. So, when calculating the data, your age, gender, as well as your state of health will be taken into account. In addition, banks will have to look at the so-called death tables, and on the basis of all this information, make a decision about what the expected payments will be.

Cost and terms of insurance

It is important to know that the price of your policy will depend on various factors.

In addition to your condition, insurance companies must calculate:

• a set of risks in insurance;
• insurance conditions;
• the period for which the insurance is concluded.

From personal data to be analyzed: the age of the object, its physical condition, profession (is your work harmful and does it affect your health) and even gender. So, for example, almost all insurance companies use fees in such a way that men always pay more than women. So, for example, if the case concerns the age of up to 40 years, the difference is insignificant, or it may not exist at all.

But everything that concerns the period after this period, there may be big differences. So, according to expert research, a man after 40 years of age constantly puts himself at risk, and therefore, most often they will have to pay 10% more than a woman in the same situations. Another factor is that, according to statistics, women live much longer than men.

According to the difference between insurance companies, you can also pay insurance premiums in different ways. Some require payments to be made monthly, while others - annually or even only once. The terms of payment can be equal to what is the term of your insurance, or be much shorter than it - this issue depends on the agreement between the insurance company and the insured.

So, if the policy is open-ended, the time of making payments is specified separately in the contract. After this period is over, the object will no longer have to contribute money, but will be insured until the end of its days. It is interesting to know that some contracts put a limit on the indefinite image, which ends it at the moment when the insured reaches 100 years. Also, many of them offer options for non-payment of contributions if the object learns any kind of disability and can no longer bring income to the family.

Russian life insurance companies

There are a great many companies on the markets that will help you insure your life, you should approach its choice responsibly, as this is your guarantor in case of illness or death. So, there are TOP companies that are distributed depending on the amounts that objects pay them. So, at first glance, this remote figure will help us understand which company is trusted the most. After all, no one will carry money to a little-known and dishonorable company.

Everyone has the opportunity to participate in the non-property insurance program. You can insure your life or health. The whole point of such a program is that the insured pays a certain amount of money every month or year. As soon as an insured event (health problem) occurs, the compensation from the insurance company will go to the necessary treatment or material support for family members.

Each insurance company allocates its conditions of insured events. Before becoming a member of the non-property insurance program, you need to decide on the amount to be paid and the main points. Consider why you need life and health insurance and what types of insurance exist.

Life and health insurance is one of the non-property insurance programs. Such insurances are in great demand in the world market. People turn to insurance companies to financially protect themselves from accidents that can happen to every person. So, depending on the selected insurance conditions (type of policy), the insured may receive either a cash payment or receive free medical care.

Insured events in which the insurance company fulfills its obligations are specified in the contract itself. There are a large number of types of programs in which both individuals and legal entities can participate.

Why is it necessary?

No one is immune from accidents that can happen at any moment. Those people who do not want family members to be left without money after such an accident cooperate with insurance companies. As many economists note, life and health insurance is a necessary financial instrument, thanks to which the insured can avoid a "rainy" day in his life.

Unfortunately, in the Russian Federation, life and health insurance is not as common as, for example, in the United States. The fact is that the citizens of the Russian Federation do not trust the insurance companies themselves. According to statistics from Rosgosstrakh, last year only every company paid out compensation to policyholders who participated in non-property insurance programs. The fact is that when an insured event occurs, it is often very difficult to prove that such an event did not occur by the will of the insured himself. However, large insurance companies are trying to make sure that Russian citizens do not feel such problems.

Insuring life and health is the business of the person himself, but it is still recommended to conclude an agreement with an insurance company in order to feel safe. Such an agreement guarantees that the insured and his family will not be left without material payments from the insurance company.

Insurance types

As for the types of insurance, there are only 4 types:

1. Temporary insurance.
2. Life insurance.
3. Risk insurance.
4. Endowment insurance.

Temporary insurance is the most common in the Russian Federation, because it is the cheapest and most profitable. The family members of the insured will only receive payment from the insurance company if the insured dies before the term of the contract itself.

As for life insurance, here the policyholder can provide his family not only with a certain amount from the insurance company, but also accumulate a sum of money that is paid after the death of the policyholder.

Risk insurance is very similar to long-term insurance in that the relatives of the insured who died are paid a certain amount of money. This type of insurance exists in order to help the relatives of the deceased in difficult times.

The last type is mixed insurance, it is concluded for a long period (from five years) in order to accumulate a sum of money, which is paid after the insured's accident. The amount paid depends on the capabilities of the insured himself, because he will make constant contributions.

Conditions

Insurance companies set their own terms and conditions. But there are some basic points that must be observed. So The key point is age.

The insured must be between the ages of 18 and 65, sometimes up to 70 years. The paid premiums must be made at the time of the validity of the insurance contract. As soon as the validity of the insurance expires, depending on the chosen program and the fulfillment of duties, the insured receives or does not receive a cash payment from the insurance company.

Kinds

Now we will find out what types of life and health insurance are available. There are only three types of life and health insurance. Let's consider each of them.

1. The first type is insurance in the form. Each person can voluntarily take out insurance. In some cases, such insurance is a prerequisite for some jobs. So, those people who work in the public service are required to have life and health insurance.
2. The second type is insurance by purpose. It can be both accumulative insurance and risk insurance. The accumulative form, as you can understand by the name itself, includes such insurance when the insured gradually accumulates a sum of money, which he pays either at the expiration of the contract or after the death of the insured. Already risky insurance includes payments to the family only if the insured himself died. It is important to understand that when drawing up such a contract, all the money invested will not be returned after the contract expires.
3. The third type is insurance by validity. There are short term and long term insurance. Each company independently determines the scope of such insurance. However, it is generally accepted that the duration of short-term insurance is up to five years, and the validity of long-term insurance is from five years. It is interesting that in the Russian Federation it is rare to find an insurance company offering long-term insurance for up to 25-30 years. In the United States, almost everyone has such insurance, the validity of which is approximately 30 years.

Payouts

The first step is to know that if the insurance contract does not indicate a third party who receives monetary compensation instead of the insured himself, then the heirs of the citizen himself or relatives become such. Thus, if the policyholder accumulated a sum of money, but died, then his savings will go to his heirs.

The insurance company will have 15 days to pay out the insurance after one of the insured events specified in the contract has occurred. However, the period may be extended if a criminal case has been initiated in connection with an accident, but there is still no decision.

Insurance payments have many nuances. So, the worse the health of the insured at the time of the conclusion of the contract, the smaller the payments themselves will be. Interestingly, some insurance companies raise the price of insurance for men. This is due to the fact that women live longer than men. Particular attention is paid to those people who smoke. For them, insurance will cost much more, sometimes crossing the mark twice.

No one can say with certainty that nothing will happen to his life and health. Life and health insurance is a very common phenomenon in Western countries. But in Russia, the insurance business is gradually developing. This is due to the fact that the population is becoming more financially literate. There are various types of such insurance. Today we will tell you how to insure life and health.

The health insurance contract is a type of voluntary insurance. The insured himself chooses whether he should be insured. Such agreements provide more complete financial protection, in contrast to. Under the compulsory health insurance policy, you can receive only basic medical care.

Voluntary insurance allows you to receive highly qualified assistance of a therapeutic or surgical nature, as well as treatment in specialized sanatoriums.

Life and health insurance is personal financial protection. When an insured event occurs, a person often cannot fully fulfill his labor obligations, and therefore his financial situation deteriorates sharply. In this case, the insurer with whom the insurance contract was drawn up comes to the rescue. And if the event is recognized as insurance, the insurer compensates for the damage to the account of the insured or his heirs.

Types of insurance contract

There are two main differences in health and life insurance. Such insurances are divided into risky and cumulative. Risk contracts are characterized by an urgent nature. The policyholder pays the amount of the insurance premium based on the tariffs of the insurer. Usually it is from 0.12 to 10% of the amount of insurance coverage. And if an insured event occurs, then the insurer, depending on the nature of the event, pays compensation stipulated by the insurance contract.

Such contracts stipulate what exactly is considered an insured event, i.e. risk, as a rule, this is the onset of disability of the first or second group, as well as death. Risk life and health insurance is often used when applying for credit products. The insured defends his liability to the bank. If an insured risk occurs, the insurer covers the amount owed to the bank.

It should be understood that the life and health insurance policy is voluntary. And when applying for a loan, the borrower can refuse insurance, but after signing the contract, the rights and obligations of the parties come into force, which are enshrined both in legislation and in the insurance contract itself.

Savings contracts perform an accumulative function. Cash is in constant circulation, which ultimately brings a certain profit. And in the case of the so-called survival, the insured person receives his interest. This type is beneficial for long-term registration. And unlike a deposit, it is not possible to withdraw money at any time.

A distinction is also made between individual and collective agreements. An individual is drawn up between the insurer and the insured directly. The parties to the contract are the insurance company and the person who signed the contract. At the same time, a policy is issued in which several insured persons can be entered, as well as a beneficiary is appointed.

A collective agreement is drawn up, as a rule, between two legal entities. For example, an employer and an insurer or a bank and an insurance company. Individuals act as insured persons. They do not have a policy. Information on such contracts can be clarified from the general rules on the basis of which the contract was concluded.

How is the cost of insurance formed?

How much does life insurance cost? The cost is determined by the insurer. Financial institutions always approach this issue individually, since the risk of an insured event is always individual and depends on a number of factors. The insurer may require the insured to undergo a full medical examination in order to determine how much certain types of insurance will cost in this case. But there are certain general criteria that are applied in practice in all financial institutions involved in insurance.

Age and gender

The rate will be higher for senior citizens. This is due to the fact that they have a higher probability of insured risk associated with life and health. Also, insurance will be more expensive for men. According to statistics, the mortality among them is higher than among women, and the average age of life expectancy is correspondingly lower.

Profession

The amount of the premium also depends on the nature of the work of the applicant for insurance. There are a number of specialties that are quite traumatic or dangerous to health. These include police officers, firefighters, miners, etc.

Insurance risks

This determines what compensation will be paid for. The standard set is disability of the first, second group and death. But risks can include:

• fractures, burns, other injuries;
• job loss. Although there is a separate type of insurance product associated with this aspect;
• hospitalization or surgery.

The more risks, the higher the tariff, and, accordingly, the insurance premium.

Having health problems

When applying for insurance, you will have to fill out a questionnaire that includes many questions, up to how many cigarettes you smoke and how often you drink alcohol. You must fill in as much information as possible about yourself. But if the insurer is unlikely to be able to check these questions, then it will not be difficult to recognize information about the presence of diseases.

And if a financial institution discovers that you were trying to hide the presence of any diseases that could be a catalyst for the onset of an insured event, then you can forget about the amount of payments. And in extreme cases, you can also get a lawsuit from a financial company for committing fraudulent activities.

The amount of insurance coverage

Everything is simple here: the higher the amount of coverage, the higher the premium, which is paid in favor of the insurer, respectively. The rate of this premium directly depends on the amount of coverage. For example, insurance coverage is 100,000 rubles - the amount that the financial company will pay if one of the risks occurs. Tariff 1% - this means that the policyholder must pay 1,000 rubles for insurance.

People are increasingly thinking about how to insure themselves against various unpleasant incidents. There is common sense in this, because by insuring his life, a person not only protects himself financially, but also protects his family. In the event of disability, the financial situation changes greatly, and the money paid by the insurer can be used both to restore health and as a certain financial safety cushion.

The first step is to determine what exactly needs to be insured. What are the most likely risks? It should be based on lifestyle, geographical location, personal hobbies, work and much more. Risks, for example, can be:

• workplace injuries;
• death as a result of an accident or air travel. There are products that offer payouts of up to 150% of insurance coverage when this particular event occurs;
• disability;
• death or injury as a result of natural disasters, relevant for those geographical areas where this is most likely.

There are a lot of programs, and you can adjust the amount of the premium, including only the most relevant types of risks in a particular case.

It will also be important to decide on the financial company that you can trust. Supervisory authorities of the Russian Federation began to seriously clean up the insurance business after the banking sector. Therefore, there are fewer unscrupulous companies on the market. A good insurer is characterized by many years of experience, a large number of payments and clients.

After you have decided on a financial institution and a product, you should contact the organization to write an application and provide a package of documents. The insurer may ask you to provide medical certificates of health. At the time of the conclusion of the contract, it is important to carefully study all the points. Attention should be paid:

1. On the timing and methods of notifying the insurer of the occurrence of an insured event.
2. Terms and methods of payment by the insurer of money, if the event is recognized as insurance.
3. What exactly are insurance risks.
4. which are not recognized as such.
5. List of necessary documents and certificates upon the occurrence of the event.
6. And other clauses of the contract that can significantly affect payments.

Insurance business in Russia is regulated by law. This business is now widely conquering the market, so financial institutions are attentive to their own reputation. Life and health insurance are voluntary, and everyone has the right to decide whether it is worth it for him and his family to be insured.

But no one can say for sure what tomorrow will bring him, given the pace and rhythm of life, as well as the difficult environmental and political situation. An insurance contract is not an essential service, but it can be very helpful if an insured event does occur.

What are the features of life insurance in case of death? What determines the cost of life and health insurance? Where is the cheapest place to get life insurance?

Hello, dear readers of the HeatherBober magazine! Insurance expert, Denis Kuderin, is in touch.

This publication will be of interest to anyone who has ever thought about life, health and disability insurance.

An agreement with an insurance company not only protects the financial interests of the insured, but also allows you to increase personal funds - if you use savings programs.

And now - about everything in order.

1. Should you insure your life?

Regardless of financial and social status, gender, age and lifestyle, each of us daily risks life and health. Danger awaits us on the roads, in workshops, in offices, and even in our own apartment.

Insurance, of course, will not protect against numerous risks, but it will secure our finances. Unpleasant and difficult life situations often take us by surprise. Insurance helps to avoid unexpected expenses: it is a kind of life jacket that will keep us afloat in the event of an everyday shipwreck.

– protection of the property interests of the insured related to his health, life and death. This type of insurance is designed for long periods and, in addition to protection, can perform a cumulative function.

In Russia and the CIS countries, the institution of life insurance has not yet received the same development as in European countries or the United States. It is a common and widespread practice there, here only 4-5% of the population insure life.

However, in recent years in the Russian Federation there has been an increase in the number of insured people, which is associated with an increase in the level of financial and social literacy of citizens.

In Russia, as in other civilized countries, the state obliges all employers to insure employees of the enterprise in case of loss of working capacity, disability or death.

True, the amount of payments for compulsory insurance does not always cover the material costs of insurers and beneficiaries in the event of an insurance situation. So in addition to compulsory insurance, the employee has the right to issue a voluntary insurance policy.

Example

Compensation for compulsory insurance in case of temporary disability allows you to receive only basic medical services. A voluntary insurance policy gives the right to more complete treatment and recovery, up to visits to sanatoriums and expensive therapeutic procedures.

The contract is valid for years. The term of the contract by default acts as an accumulative period, unless other conditions are provided. The method and frequency of payment of insurance premiums are agreed in advance.

The money that comes to the insurer's account is not a dead weight, but is in constant circulation, which allows the insured to receive income by a certain period (for example, retirement age).

In this, life insurance resembles a long-term investment: the insured invests money in his own future or the future of his heirs. An insurance deposit differs from a bank deposit in that it cannot be withdrawn before a specific date.

2. What determines the cost of life insurance - 5 main factors

The cost of the policy is always determined individually. In addition, each company has its own approach to pricing. However, there are standard factors affecting the size of insurance premiums (contributions).

Consider the most important parameters that affect the cost of insurance services.

Factor 1 Gender and age

Each insurer uses age tables, according to which the payout ratio is calculated depending on the number of full years of the insured. The older the client, the higher the premiums.

The gender of the insured also matters: the policy will cost more for men, since the risks to life and health are always higher for a strong half of the population.

Factor 2 Occupation of the insured

There is a list of professions associated with daily risk to life.

Increased tariffs are provided for firefighters, police officers, doctors who are at risk of contracting dangerous infectious diseases, stuntmen, employees of the Ministry of Emergency Situations, test pilots, and the military.

Factor 3 Selected insurance package

Life insurance programs can include not only death from natural causes or an accident, but also other risks.

For example:

• disability;
• disability;
• bodily harm and injury;
• surgery and hospitalization.

The more insured events provided, the higher the cost of the policy.

Factor 4 The state of health of the insured

An important factor for the formation of value. In the questionnaire that each client fills out before concluding the contract, the current state of health of the insured is given serious attention.

It is necessary to indicate past injuries and illnesses, current chronic diseases. The presence of bad habits is also important. Insurers are interested in all the details - down to the number of cigarettes smoked per day. Experts advise giving the most correct information regarding health and lifestyle.

If, after the conclusion of the contract, employees find out that you hid a serious illness that you had at the time of insurance, they may refuse to issue the sum insured.

Factor 5. Terms of insurance

According to the terms of insurance, insurances are divided into urgent, life and mixed. The first option is the cheapest. A lifetime policy involves one-time or regular insurance premiums throughout the entire period of the contract.

In the table, the dependence of the price on the determining factors is presented more clearly:

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3. How to insure your life and health - 7 easy steps

Life insurance is a responsible event. A person is insured for decades, and even for life. Therefore, before proceeding with the execution of the policy, you should study in advance all the features and "pitfalls" of the process.

You need to act consistently and meaningfully, adhering to our expert guidance.

Step 1. We decide what we want to insure

First you need to decide what kind of risks you want to insure. The choice of ready-made insurance programs is very extensive.

Insurance can include:

• industrial accidents;
• death from natural disasters;
• the onset of disability;
• death as a result of an accident (road, rail, air).

When choosing the type of insurance, be guided by your profession, lifestyle and other objective circumstances.

Step 2 Choosing an insurance company

Choosing the right insurer is a guarantee of timely and full payments.

Conscientious companies really care about the well-being of their customers and pay insurance amounts in full and on time. Dubious firms try to reduce costs or completely refuse their obligations under various pretexts.

A good insurer is distinguished by the following parameters:

• long experience in the insurance market;
• a large number of clients;
• solid payments for insured events for the past reporting period;
• a large number of branches;
• availability of a convenient website and the possibility of issuing policies online;
• high rating from independent rating agencies.

The least of all is to rely on reviews on the network - there will always be more negative than positive, and there will always be more complaints than thanks. It is better to rely on the real experience of your friends and acquaintances.

Step 3 Choosing an insurance program

The more different programs companies offer, the higher the chance of choosing a product that is really useful to you.

Risk insurance is fundamentally different from cumulative, so you should immediately decide what you are more interested in - in protection in case of unforeseen situations or in long-term investments.

If it is difficult to choose on your own, use the help of an insurance broker. Pay such a specialist once, and he will select the most profitable and necessary insurance option for you.

Step 4 We carefully study the insurance contract

The contract should be studied long before it is signed. If you are in doubt about any points, it is better to notify the agents immediately.

Even notes and information in small print matter. Pay special attention to the sections where non-insured events are indicated. It is advisable to have the contract read by a professional lawyer.

Step 5 We collect documents

Each company has its own requirements regarding the documents provided. You will definitely need an identity card, an application and a questionnaire filled out in accordance with all the rules. In most cases, health certificates are required.

Step 6 We pay for a package of insurance services

You can pay for services in cash, bank or electronic transfer. Depending on the type of insurance, payment is accepted in a lump sum or in the form of regular installments. The latter option is more likely, since life insurance is a long-term event.

Step 7 We conclude an agreement

The last step is signing the finished document. Re-issuing a contract is a troublesome procedure, so do not rush to put your autograph. Read the papers again, make sure you didn't miss anything, and only then sign.

Please note that some insurance programs do not take effect immediately, but only after the expiration of the "waiting period". This period is from 7 to 14 days.

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4. Where is the cheapest place to insure your life - an overview of the TOP-5 companies with favorable insurance conditions

To make it easier for readers to choose insurance partners, we have compiled a list of the most reliable companies offering profitable and affordable life insurance programs.

1) Tinkoff Insurance

A subsidiary of the well-known Tinkoff brand. He does not have many years of experience in the insurance market, but he is well-deservedly popular with citizens and corporate clients.

The company keeps a steady course towards manufacturability, reliability and a high level of service. Most insurances can be obtained online with home delivery. Anyone can use the help of an Internet consultant when choosing a program.

2) BINBANK

Health, life, property, travel insurance and much more. Pay attention to the accumulative programs from BINBANK, which allow you to insure the health, life, and safety of the family for a long time.

Another innovative program from this insurer is called "Capital in Plus". In fact, this is a kind of profitable investment of personal assets. The contract is designed for 5 years, the estimated annual income is 15%. In the event of the death of the insured, the money is received by a person appointed by him in advance.

An international company operating in the Russian market since 1994. The total number of clients worldwide is more than 2 million. Specialization is life and health insurance. In addition to risk insurance, an agreement with this company provides many additional benefits.

In particular, the accumulative insurance "Prestige" makes it possible to receive money for a child's education in the most prestigious universities of the Russian Federation and around the world by a certain date, and the "Life Protection" policy guarantees payments in case of diagnosing critical diseases.

4) RESO-Guarantee

The company has been operating since 1991 and offers customers more than 100 insurance products for all occasions. Agency "Expert" gave this company the highest rating A ++ (the highest level of reliability).

The "Capital and Protection" program guarantees payments in any scenario. Even if the insured event does not occur before the expiration of the contract, the client receives the sum insured in full.

The most experienced insurer in the Russian Federation is the successor of the GOSSTRAKH organization, founded in 1921. The company guarantees its customers speed, high level of service and is committed to full transparency in matters of financial and legal activities.

Offers several types of life insurance - "Cumulative program", "Investment", "Ritual", "From accident". A financial advisor works on the site online.

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5. 5 myths about life insurance

Not every citizen of the Russian Federation knows why life insures at all and what advantages the policy provides. There are many myths and misconceptions about life and health insurance coverage.

It's time to debunk the most resilient and dangerous of them.

Myth 1."Insurance companies are an unreliable investment of money"

Getting money under an agreement drawn up in accordance with all the rules is as real as withdrawing your bank deposit. Self-respecting insurers care about their reputation and always fulfill the terms of the contract.

Myth 2.“Life insurance is necessary only in old age”

Fundamentally wrong statement. The older the person, the higher the rates. And for young people, companies provide the most favorable conditions.