Insurance premium is actual

Recently, more often you can hear from the TV screen or from other sources of information about insurance. As for the mandatory part of it - this is easier (there is no choice: to have a policy or not to have one). But the voluntary part of possible defenses requires greater awareness of citizens in this area. Let's talk about cumulative life insurance. About its importance and necessity for everyone.

History

The beginning of life insurance was laid in England in the XVIII century. In the next century this idea was embodied in Germany, France, the United States, and tsarist Russia. The main principles of work are used in the modern world. 90% of the inhabitants of Europe and America today are covered by life insurance. In Russia, this indicator is extremely low.

Principle of operation

The principle of insurance as such is simple and understandable. A person pays an insurance premium (this is a certain amount of money that is paid to the insurance company in order to obtain insurance services). There came the insured event stipulated by the contract - the client or his heirs (in case of death of the insured person) receive a certain amount. As for life insurance, there is insurance, and saving money. Since the insurance premium (insurance premium) is a person's money investment for profit. The company invests money in various financial instruments (real estate, securities, bank deposits, etc.). At the end of the contract, the person is paid the amount of insurance premiums plus investment income. In case of death of the insured person before the end of the policy, money in the amount of the agreed insurance amount is paid to the beneficiaries (as a rule, these are members of the family).

Popularity

In Russia, for voluntary insurance, in general, a person spends up to 2% of earnings. Whereas in most European countries, citizens take this 1/3 of their monthly income. The main reason for the unpopularity, according to insurers, is the ignorance of the population about this product and its subtleties. As a result, the fear of having to give money for 10 years or more is much higher among people than the desire to protect themselves and their loved ones while creating their own capital. But still, the market of life insurance is rapidly developing. According to the Association of Life Insurers, insurance premiums in 2013 increased by 40.6% compared to 2012. Of these, the indicator of the amount collected for life insurance of citizens has increased by 59.9%. Over the past four years, the market volume has become six times larger.

Children's programs are in demand in Russia. In this case, the insurance premium is the future of the child, which for Russians always remains the No. 1 question.

Importance

What does the life insurance program give to a person?
• Financial protection in case of death, disability, various diseases.
• The possibility of monetary savings in the light of inflation.
• Receiving investment income.
• Creating capital for the future for themselves with the right of succession to beneficiaries.
• Creating capital for their children.

Guarantees

Over the past 200 years, no insurance company in the world has gone bankrupt. This is facilitated by clear control over their activities by the state and a system of reinsurance.

Capabilities

In order for money to be always, you need to be able to properly dispose of them. Even from a small income, you can postpone 10%. Make an insurance premium - this means paying first of all to yourself, and then to everyone else for certain benefits. Monetary reserve will help in the most important life situations.