Where is it better to insure life and health?

The intensive vital rhythm forces to take measures for compensation of consequences of accidents, road accidents and other incidents. After all, they damage life and health. Although many situations can not be prevented, it is possible to provide damages. Is it possible to insure life? This service is common today.

In many companies you can insure life. Making the policy will create a stable financial reserve, which at any time will provide an opportunity to improve health. It is advisable to contact a trusted company that offers favorable conditions for its customers.

Importance of life and health insurance

To insure life and health is necessary for:

• Guarantees of support of a worthy life in different situations;
• Providing a chance for children to study in prestigious educational institutions;
• Confidence in the future.

Insurance is issued for a long period. Typically, policies have a validity of 3 to 5 years, but a maximum of 20 years. The document is valid 24 hours a day, therefore, assistance is always available. In the event of an insured event, you need to contact the company for compensation.

How to apply for insurance?

Companies offer different methods of insurance: for material support in difficult situations, for treatment or for accumulation. To insure life and health, you need to choose the right company, contact the office, sign the contract. Naturally, this requires investments. But after all, when the insured event comes, a lot of help will be given.

An example can be a funded program from a large company Ingosstrakh, executed for life. The advantage of such a policy is the transfer of money in the inheritance. It turns out that you can bequeath to your family much more than you have to give the company. The money will be provided after the occurrence of the insured event.

What is written in the policy?

The document is drawn up according to generally accepted rules. It contains information on the parties that have concluded the transaction. The rights and duties of the participants, as well as the terms of cooperation, are prescribed there. The risks for which compensation is based are necessarily indicated.

The insurance contract specifies the period during which the payment of compensation is effective. Equally important are the information on the amount that is put for payment.

Features

If you insure life, when the amount will be received in full? The main risk is the withdrawal from life during the period specified in the contract. You can pay for the inclusion in the document of the item, which assumes exemption from regular payments for disability of 1 or 2 groups. Then you need to pay fees, and the amount is still charged in full.

If you insure life, it becomes possible to compensate for the costs of restoring the health of yourself and your loved ones. Also, the service allows you to accumulate some amount that will allow you to maintain a decent life. You just need to know what you need to design this service.

Types of insurance

To insure life, several options of services can be offered:

1. A risky option for which accumulation is not allowed for the appointed time. The company is obliged to pay the amount indicated in the contract if an insured event has occurred. If it does not exist, the service will expire, and the customer will not be refunded. The advantages of a risky option include a small cost, which allows them to choose applicants with low incomes.
2. Savings insurance. By this method payments are made in the established amount, even if there was no insurance event. The contract is drawn up for a certain period.
3. Cumulative view. The policy will operate indefinitely. Otherwise, the service is similar to the previous version. But there are differences, for example, investment income, - an increase to the sum insured. This involves the payment of cash, the yield of which is 3-5%.

If an indefinite contract is drawn up , then it has the name of a lifetime contract . Compensation is due to relatives who are beneficiaries. But there is a right to terminate the document until the deadline set in the contract, after which the amount with accrued income is issued. Such an order is carried out at the request of the client.

Accidents

A conventional contract of this kind is formalized for a shorter period - for 1 year, if we compare it with the above cases, which require financial protection for 5 years or more.

To insure a life from an accident it is possible on following variants of protection:

• Full - it is carried out round the clock 7 days a week;
• Partial - for a certain time, for example, at the time of vacation.

The insurance provided for a certain period of time is:

• Renewable - the contract can be re-signed;
• Convertible - there is the possibility of an independent change in conditions;
• With decreasing coverage - the program is designed for older people who can not regularly pay fees.

Types of reimbursement

If you insure the life of a child or an adult, compensation will be awarded. Their size depends on the amount of damage:

• Payments in full - death or loss of legal capacity.
• 10-20% of the payments recorded in the contract - with injury and temporary disability.

The volume of the insured amount is set by the client. But it should be remembered that the higher the requests, the more you will have to pay. The minimum payment is determined in the amount of not less than 10 $ each month.

Some companies offer preferential terms in case of difficulties at the first stage - a delay, which can last from several days to 2 months. If you can not make regular amounts, then you can stop the contract and then resume it when the financial condition improves.

Cost

Where to insure life, depends on several factors. The size of attachments is affected by:

• Age of the client;
• Well-being;
• Types of work;
• floor.

This division is due to the fact that women have a longer life expectancy than men. The more factors affect the insured event, the greater the amount that must be given to the firm. Sberbank offers such services. To insure life better after clarifying the cost of the service. On the websites of firms there is a calculator that will allow you to find out the amount of contributions online.

The procedure for making the amounts

The money will be paid according to the conditions established by the organization when signing the policy. Payments may be levied:

• monthly;
• Every year;
• Quarterly;
• At a time.

To find out the cost of life and health insurance, you need to contact the company. Help to calculate it can online calculator. But the exact information can be learned from specialists. It is necessary to make timely payments without violating the terms of the contract, otherwise it may lead to denial of payments.

How to determine if a person is insured?

It is important to determine where to insure life and health. This should be known and relatives. But if after death it is not known whether such a service was formalized, then one should look for the policy. It indicates all the information.

If there is no document, then you need to find out about it in large insurance companies. There is another option for checking - when entering into the inheritance, a notary performs a check, who will file a request with the company and provide a response. Only if a policy has been issued, you can deal with the issue of compensation.

Select a company

Where can I insure my life and health? The companies working in this direction are becoming more and more numerous. About them you can see and hear various advertisements. Popular companies include:

1. Ingosstrakh.
2. Uralsib.
3. Rosgosstrakh.
4. SOGAZ.
5. "RESO-guarantee".
6. Alfa Insurance.

Where it is better to insure life and health depends on the wishes of the client. It is important that the firm is reliable, because it depends on it, whether there will be payments. In which insurance company to insure life is preferable? It is desirable to focus on the rating of reliable firms.

Loss of the policy - what to do?

If you lose the policy, you need to contact the company that issued this document. You need to have a passport and a medical card with you. You should write an application where the circumstances of the loss of the policy are indicated. Even if there is no card, this is not considered a reason for refusing to receive a new document.

If the document is corporate type, you need to find out your insurance number in the territorial polyclinic. You can also apply to the health insurance fund. Receiving involves filing a statement describing the situation and the contract number. Then the lost policy will be canceled, after which a new one will be issued.

Recovery procedure

To get a new policy, you need to go through the following steps:

1. Choose an insurance company.
2. Choose a program, the conditions of which are completely suitable.
3. Calculate the cost of the document.
4. Get a policy online or in the company.
5. Pay the fee.

The document will be protected against major financial losses that can be caused by accidents.

What does Sberbank offer?

Many programs of the Savings Bank require compulsory insurance. For example, this applies to mortgages and car loans. Only necessarily need to insure the property, and life and health insurance is a voluntary procedure. Still, employees recommend using this to protect themselves and loved ones from risks.

What risks are included in the policy when applying for insurance in Sberbank? If the client insures life, then it is enough to contact any firm that provides such services. But you can apply for a policy during the application for a loan. Then the insurance will be issued in the office of the institution. The contract insures the life and health of the borrower, ensuring payment of debt in difficult situations. The risks include disability and death.

Loss of capacity for work involves the occurrence of illness, accidents, injuries, complex circumstances. Each client can choose a program suitable for their parameters. The policies of Sberbank Insurance have the following conditions:

• Life, disability - 1.99% per year;
• Life, health, loss of employment - 2.99;
• Individual conditions - 2,5%.

The person indicated in the contract may be a banking organization or a citizen. If the policy is issued in a bank, then the debt in the event of an insured event is paid according to the established conditions.

Repayment of debt by insurance policy

The insurance company pays the debt of the borrower in full only with illness or in the event of an accident if the person became disabled or died. Temporary disability for a particular period is not considered a basis for full payment of a debt. Then the payment is made for one or several payments. That the insurer took obligations of the borrower, it is necessary to give the document on approach of an insurance case.

When applying for a loan, the employee usually offers to arrange insurance. If you do not want to buy a policy, you do not need to be persuaded. This is a voluntary procedure, so the client must decide for himself. But you can buy a policy, and then give it up, and then the funds will return to the account.

Refusal of insurance is provided by the legislation. If you contact the company within 30 days after signing the contract, you can expect to transfer the entire amount. If more than a month has passed, but no more than six months, then it returns to half. After 6 months, the amount will be small, and perhaps there will be a refusal.

If the loan is paid, and the insurance is still in effect, the client can receive contributions. He needs to apply, where details of interaction with the banking organization and insurance company are signed. A confirmation of payment of the debt is attached to the application.

How much does the policy apply?

The document covers the term of the loan. But it can be issued for 1 year. After the expiration of its validity will be an extension to full payment. Contributions can be listed in 2 formats:

• Pay separately.
• To include on credit.

The policy is canceled if:

• The client refuses.
• There comes an insurance event.
• The insurer can not enter into an agreement with a client who has certain illnesses.

Insurance programs are beneficial for banks, as companies take on borrowers' obligations. But sometimes, for example, when obtaining a mortgage, the client must insure life. It is not necessary to make out a policy for a consumer loan. But for a mortgage that is provided for many years, such a service will be welcome.

Without a loan, insurance is a person's desire. Some choose this service, protecting themselves and their loved ones from various situations, while others believe that they can do without it. Before processing the policy, you need to familiarize yourself with the terms of cooperation with the firm, and only then conclude a deal.

You can apply for an insurance policy in any company. Before doing this, you need to make sure it's reliable. After all, only then will the material compensation for risks be paid.