Life and pension insurance
Life insurance will provide protection practically in any case related to the client's health, including accident, illness or other health disorders, in the event of death.
There are two types of life insurance:
- Life risk insurance - guarantees a flat-rate payment in the event of the death of an insured person, if the case has occurred during the life of the policy.
- Life insurance with savings - serves as an instrument for accumulation of funds. The insurance indemnity or accumulated funds will be paid at the end of the insurance period or in the event of the insured person's death. A guaranteed or variable interest rate (investment in funds) can be assigned to the provision.
Life insurance is a great tool for motivating employees and ensuring security. For private individuals, such a product will provide family protection, as well as savings for different occasions such as an extra pension, a children's study fund, etc.
When creating a life insurance policy, it is possible to use tax incentives.
The purpose of pension insurance is to accumulate additional financial resources up to the retirement age of the insured person. The payment of insurance indemnities or accumulated capital after the expiration of the insurance period is paid out in one or divided payments (in the fixed term or amount). A guaranteed or variable interest rate (investment in funds) can be assigned to the provision.
When drawing up a pension insurance policy, it is possible to use tax incentives.