Transport tax / 07.07.2022

Where is the cheapest place to insure life? Accident and illness insurance. Comparison of the functionality of Russian and foreign term insurance

Good afternoon dear friends! Today I would like to analyze the most popular questions about life insurance and accident insurance.

What do customers most often ask about:

1. What is the sum insured?
Sum insured - the amount of money, which is determined by the insurance contract, and on the basis of which the amount of the insurance premium (insurance premiums) and the amount of insurance payment in the event of an insured event are established.

2. What is an insurance premium (insurance fee)?
An insurance premium (insurance fee) is a payment for insurance that the policyholder is obliged to pay to the insurance company in the manner and within the time limits established by the insurance contract.

3. What is an insurance payment?
Insurance payment - the amount of money established by the insurance contract and paid to the insured, the insured person or the beneficiary upon the occurrence of an insured event.

4. What is an insured event?
An insured event is an event that has taken place, provided for by the insurance contract or the law, upon the occurrence of which the obligation of the insurance company arises to make an insurance payment to the insured, the insured person, the beneficiary or other third parties.

5. What is the redemption amount?
The redemption amount is the amount that is returned to the policyholder upon termination of the life insurance contract.

6. What is insurance cover?
A set of obligations of an insurance company under an insurance contract.

7. What is insurance risk?
An insured risk is a prospective event against which insurance is provided. An event considered as an insured risk must have signs of probability and randomness of its occurrence.

8. From what moment is a life or accident insurance contract considered concluded?
The insurance contract, unless otherwise provided in it, shall enter into force from the moment of payment of the insurance premium or the first insurance premium.

9. How to determine the optimal premium under a life insurance contract and how should it be related to the sum insured?
The amount of the contribution, on the one hand, should provide the necessary financial protection for you and your family, and on the other hand, its payment should not burden your family budget excessively.

10. Is it possible to insure against an accident only for the duration of a trip, sports competition?
To insure travelers and athletes, it is more profitable to use special programs designed specifically for such cases. A standard accident insurance contract is concluded for a period of 1 year.

11. Are there limits on the amount of insurance cover under life and accident insurance contracts?
In life and accident insurance, the amount insured depends only on the amount of insurance premiums. Sometimes insurance companies limit the amount of insurance premiums, taking into account the annual income of the insured.

In life insurance, the sum insured for the risks included in the insurance contract is established by agreement between the insured and the insurer. However, the contract may provide for certain restrictions on the minimum and maximum sums insured.

12. If an accident insurance policy is only valid during business hours, how is that time determined?
Working time is the time of performance of official duties. It is determined in accordance with the Labor Code of Russia and the Internal Labor Regulations of the enterprise.

13. Can several beneficiaries be indicated in a life insurance contract?
Several beneficiaries may be appointed under an insurance contract. Upon the occurrence of an insured event, payment is made to beneficiaries in equal shares, or in a different proportion, in accordance with the terms of insurance.

14. If the beneficiary is not specified in the insurance contract, who will receive the insurance payment in the event of the death of the insured?
If the insurance contract does not specify the beneficiary, the insurance payment in connection with the death of the insured person shall be received by the heirs of the insured person.

15. How long does it take to notify the insurance company of the occurrence of an insured event under a life insurance and accident insurance contract?
According to the terms of the insurance contract, it is necessary to notify the insurance company within 30 days from the moment when it became known about the occurrence of the insurance contract.

16. How quickly is the insurance payment made in the event of an insured event?
Usually, the insurance payment is made within 5 business days from the day the insurer receives all the necessary documents and draws up the insurance act.

17. Is it possible to terminate the life insurance contract for one reason or another?
The policyholder may terminate the life insurance contract by applying to the insurance company with a relevant application.

18. If I want to terminate the life insurance contract, can I get back the money paid?
By terminating a life insurance contract, you receive a redemption amount in accordance with the terms of the contract. Depending on the terms of the policy and the term of the contract, the redemption amount may be less than the amount of payments made, since part of the contributions of the funded programs are spent on financing the risk of death and administering the policy.

19. Is it possible to change the conditions of life insurance without terminating the contract?
Most insurance companies allow, at the request of the client, to change the amount of the sum insured, the set of risks and the frequency of payment of premiums.

20. If I can no longer pay for life insurance, do I have to terminate the contract?
If you cannot continue to pay insurance premiums, but do not want to terminate the contract, it can be transferred to the status of "paid". The policy will be valid until the end of the period specified in the insurance contract, but the sum insured is recalculated taking into account the contributions you have made. Only the insurance cover for the risk of “death for any reason” is obligatory retained; additional risk protection in such cases, as a rule, ceases to be valid.

However, the transfer to the “fully paid” status is possible provided that the redemption amount is currently higher than the established limit, thus, a sufficient reserve has been formed to stop the payment of insurance premiums.

21. What should I do if I have financial problems and cannot pay life insurance premiums for some time?
Almost all life insurance contracts provide for a grace period during which the insurance protection continues to operate despite the delay in payment of the policy. Usually the grace period is 1-2 months.

In addition, you can reduce the amount of insurance premiums, while maintaining protection against all risks, if you change the frequency of contributions: for example, if you paid premiums annually, you can switch to semi-annual installments.

You can leave the previous frequency of insurance payments, but reduce the amount of the premium, while also maintaining protection against all risks by reducing the sum insured.

The third option to reduce the cost of insurance is to give up part of the risks taken into account in the life insurance contract. Due to this, the amount of the insurance premium will decrease, but the amount of the insurance amount will remain unchanged.

22. The grace period for insurance allows you to defer the payment of the next installment under a life insurance contract. Can I use it once for the entire period of the contract or can there be several such grace periods?
The client has the right to use this opportunity when paying any regular installment, without restrictions, regardless of the frequency of payment of installments.

However, if an insured event occurs during the grace period, the insurance payment will be made minus the overdue insurance premium.

23. Under a life insurance contract, are payments made for bodily injuries received outside the territory of Russia?
Yes, unless otherwise provided by the terms of the contract. Most often, a life insurance contract provides for insurance coverage around the world, except for countries that do not fall under standard risks.

24. What documents are required to receive an insurance payment under a life insurance or accident insurance contract if the harm to health was caused during a stay outside the territory of Russia?
Standard package of documents: an application for an insurance payment, a certificate from the medical institution to which the client initially applied, translated into Russian and notarized, passport, insurance policy.

25. Under a life insurance contract, will an insurance payment be made for harm caused to health as a result of a terrorist attack?
Yes, of course, such a payment will be made.

26. If the term of the life insurance contract for children has expired, and the child has not yet reached the age of majority, can his legal representative receive the payment?
Until the child reaches the age of 14, deposits made in his name are managed by legal representatives. According to Article 26 of the Civil Code of the Russian Federation, when a child reaches the age of 14, he himself can partially dispose of deposits opened in his name, but only with the consent of the legal representative.

There is another option: contact the bank to open an account to which the insurance payment will be transferred, thus, it will be possible to dispose of the money by the child himself when he comes of age.

27. How is endowment life insurance different from other ways of accumulation?
Only accumulative life insurance combines the function of accumulation and at the same time financial protection. From the moment the contract starts, the insurance company assumes responsibility for the life and health of the insured person.

Due to the conservative nature of investments, endowment insurance ensures income stability, but if capital growth is in the foreground, it is worth looking for other mechanisms.

If you think about long-term financial planning, life insurance becomes a very profitable option. Cumulative life insurance provides a person with a strong financial foundation.

28. If an insured event occurs under a life insurance contract, as a result of which I will be exempted from paying premiums, for example, assignment of I disability group, will I continue to accrue investment income after that?
In accordance with the terms of the insurance contract, from the third year until the end of the contract (with the exception of programs with annuity payments), investment income will be accrued without fail, even if there is an exemption from paying insurance premiums in connection with the establishment of the I or II disability group for the insured.

29. If I am unable to continue paying the agreed premiums under the endowment life insurance contract and, in order not to terminate the contract, I agree to a reduction in the sum insured, will I continue to receive investment income?
When the sum insured is reduced under endowment insurance contracts, investment income is accrued if more than three years have passed by the time the financial changes were made. If less than three years have passed, the insurance company reserves the right to defer the accrual of investment income.

30. What liability is provided for intentionally causing harm to one's health in order to receive an insurance payment under a life or accident insurance contract?
According to Article 963 of the Civil Code of the Russian Federation, an insurance company is exempt from paying insurance compensation or the sum insured if the insured event occurred due to the intent of the insured, beneficiary or insured person.

All suspicious cases are necessarily investigated by the internal security service of the insurance company and, if there are grounds, a criminal case is initiated. Deliberate actions of the insured, the insured person or the beneficiary, aimed at the occurrence of an insured event and obtaining insurance compensation, are regarded as fraudulent under Russian law. Such actions are punishable under Article 159 of the Criminal Code of Russia.

If you have any questions, write in the comments, we will be happy to answer.

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 disability, 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:
Other articles about health insurance are "" and "".
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;
the presence 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.
Other articles on related topics - "" and "".
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 Prestige accumulative insurance 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 when critical illnesses are diagnosed.
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.
Read the publication "" on our website.
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.

Hello, dear readers of the HeatherBober magazine! The permanent author of the project, Denis Kuderin, is in touch.

The new publication will be of interest to everyone who has ever thought about life, health and disability insurance.

From the article you will learn:

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?

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.

Should you insure your life?
What determines the cost of life insurance - 5 main factors
- Factor 1. Gender and age
- Factor 2. Occupation of the insured
- Factor 3. Chosen insurance package
- Factor 4. The state of health of the insured
- Factor 5. Terms of insurance
How to insure your life and health - 7 easy steps
- Step 1. Decide what we want to insure
- Step 2. Choose an insurance company
- Step 3. Choose an insurance program
- Step 4. We carefully study the insurance contract
- Step 5. We collect documents
- Step 6. We pay for the package of insurance services
- Step 7. We conclude an agreement
Where is the cheapest place to insure your life - an overview of the TOP-5 companies with favorable insurance conditions
5 myths about life insurance
- Myth 1. “Insurance companies are an unreliable investment of money”
- Myth 2. “Life insurance is necessary only in old age”
- Myth 3. “Life insurance is necessary only for people with a dangerous profession”
- Myth 4. “Payment of the sum insured is not guaranteed by anything”
- Myth 5. “It doesn’t matter where to buy a policy – all insurers are the same”
Conclusion

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.

Life insurance is the 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, as in other civilized countries, the state obliges all employers to insure employees of the enterprise in case of disability, disability or death.

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.

About what insurance is and how it happens, read a separate detailed publication on our website.

We list the functions of life insurance:

assistance to pensioners and persons who have lost their ability to work;
protection of the property interests of the insured;
preservation and multiplication of private capital.

There are two main types of life insurance - risk and savings. In the first case, the insured loses the deposited funds if the insurance is not used, in the second case, the money is saved and even multiplied.

Obviously, endowment insurance is more promising for long-term contracts. The amount can be a solid addition to your pension.

Often life insurance takes the form of an imposed service when concluding other contracts. For example, some insurers require you to insure your life when applying for an OSAGO or mortgage insurance policy. Be aware that such requests are illegal. You have the right to complain to Rospotrebnadzor about companies practicing such practices.

Read related articles on our site - "Personal Insurance" and "Accident Insurance".

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. Chosen 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:

Other articles about health insurance are "Compulsory health insurance" and "Voluntary health insurance".

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. 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. Choose 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;
the presence 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. Choose 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 the 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.

Other articles on related topics are “CMI Policy” and “VHI Policy”.

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 Prestige accumulative insurance 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 when critical illnesses are diagnosed.

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.

Read the publication "Travel insurance" on our website.

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.

By concluding a contract at the age of 20, you can easily secure a comfortable maturity. To do this, you need to conclude a savings agreement with the company or include the so-called “survival risk” in the insurance conditions.

Myth 3. “Life insurance is necessary only for people with a dangerous profession”

Do you think that dangerous situations are found only in the lives of firefighters, stuntmen and testers of new race car models?

Unfortunately no. Ordinary drivers and even pedestrians are no less at risk on the roads of megacities. Knowing that in which case you or your family members will be compensated for all costs, walk and drive somehow calmer.

Myth 4. “Payment of the sum insured is not guaranteed by anything”

On the contrary, it is very much guaranteed. Control over the activities of insurers is now very strict. Licenses are deprived at the slightest violation of obligations. And in case of violation of the rights of the client, you can always go to court or Rospotrebnadzor.

Myth 5. “It doesn’t matter where to buy a policy – all insurers are the same”

No and no again. Competition among companies is constantly growing: each market participant is trying to stand out from the crowd.

Hence the fair variety of programs, promotions and offers. The client only has to choose a contract with the most favorable conditions for himself.

We offer you to watch an informative video that answers the question of what is accumulative life insurance.

6. Conclusion

Let's draw conclusions. Life insurance is a necessary and useful thing. A responsible and far-sighted person should definitely take advantage of the offers of insurers in order to protect their financial and material interests.

Our magazine wishes its readers prosperity, health and success! We also offer to evaluate the article and express your opinion on the topic of life insurance in the comments. See you soon!

First of all, you need to understand what kind of life event you need insurance for, what exactly a person wants to insure. At the same time, the boundaries of what is desired are very large - the fall of an icicle on the head or the End of the World. It is worth remembering that you can insure not only yourself completely, but also partially: hands for one amount, head or legs for another.

Choosing an insurance company

After a person has decided on what he intends to insure, it is necessary to proceed with the choice of an insurance company. At the moment, there are several hundred such organizations in Russia, but experts recommend opting for a large one, tested not only by time, but also by various crises, and there are only a few dozen of them in the country. To decide on one organization, you can read on special resources or forums. When only a couple or a little more companies remain out of a dozen, then you need to move on to those that suit you according to the tariff plan and insurance conditions.

Nuances in the contract

When a reliable insurance company is selected, the reviews about it completely suit the person, you can visit the office of this organization to discuss the points of health or life insurance. It is worth paying attention to the insured events that are prescribed in the contract, since the conditions for payment of insurance or its complete absence depend on this.

For example, a person insured himself against a fracture of the spine, and the company clearly indicated in the contract that he was forbidden to ride a motorcycle. In this case, the payment will not be made. There can be a lot of such restrictions, so even a tariff that is attractive at first glance will turn out to be completely worthless for the client.

There are several other insurance options available. One of them is cumulative. It provides for the payment of contributions over several years. When the time of the contract comes to an end, the person receives the money back with the agreed percentage. Outwardly, it looks like a kind of bank deposit, but if during the period of accumulation occurs or a person dies, then the one who took out the insurance receives the full amount. For example, the insurance was for 500 thousand rubles, and the client paid only 5 thousand. All 500 thousand will be paid immediately.

This type of insurance is very popular, where the insurance company must pay money to the heirs after the death of the insured person. Therefore, the payment is given to relatives, because it will no longer be useful to the insured person.

Questionnaire

In order to conclude an agreement, you will need to spend time on a very important procedure - filling out personal data. Most often, it is the questionnaire that plays an important role in making a positive decision about insurance and choosing an insurance rate. The questionnaire must contain information about the state of health in great detail. Here it is recommended not to hide anything, since the contract often contains a clause stating that the insurance company will not make a payment if the client knowingly provided false data.

Required documents

Each individual insurance company gives specific instructions on what documents will be required to obtain insurance. In any case, you will need a passport. If you need to insure a child, friend or relative, then in addition to the passport, you need a birth certificate of the child and data from the passport of an adult.

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 choose it 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.

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