This article tells about experience of developed countries in application of accumulative life insurance, and also advantages and prospects of use of this type of insurance in Ukraine.
Accumulative insurance – one of the most convenient and reliable ways of long-term investment. However Ukraine, unfortunately, couldn’t keep and increase positive experience of Soviet period when life insurance rose by extremely high level. So, in 1990 in structure of insurance payments of the Gosstrakh of the USSR of receipt from the population made 63 %, from which 90 % – contributions under long-term contracts of accumulative life insurance.
Life insurance is popular in world developed countries, and now starts to develop roughly and at us, enters into number of the major types in system of personal insurance. In it process of ensuring insurance protection and accumulation of money of citizens is combined. One of basic features of accumulative life insurance is long-term character (from 6 to 35 years and for life). Huge popularity of accumulative life insurance speaks possibility to save up large sums. In the West long-term accumulative life insurance is means of accumulation of strategic accumulation of citizens. Doing during the certain period small insurance fees, the client finally appears the owner of a large sum. Long-term accumulative insurance the most widespread type of insurance in Western Europe, America and Japan. Its share reaches 70 % from volume of the received insurance payments as a whole on the market. In the West people understand importance not the states, and own in the course of accumulation of money therefore so seriously approach to life insurance therefore provide to itself possibility to live comfortably in old age and thus to travel all over the world.
More often accumulative insurance is used for the major vital events. For example, it can be: achievement of a certain age, training of children, accumulation of money to wedding etc. It would be desirable to stop in this regard on the pension problem existing today in Ukraine. Those who seriously think today of long-term financial planning for themselves, perfectly understand that the existing pension system doesn’t guarantee them the worthy contents at a retirement, if a "white" salary less 5000grn. in a month. Who now in agricultural industry earns so much? And in the foreseeable future to count on improvement of a situation it is unreal for the reason that if today, according to statistical data, 10 able-bodied people (the able-bodied population working in Ukraine and getting legal wages) means contain 8 pensioners, considering a modern demographic situation, this ratio will worsen only. The conclusion arises by itself. The period of the "developed" socialism sank into oblivion also own wellbeing, i.e. creation of a necessary financial reserve which allows the person to feel sure and independent in any life experiences, it is care and "headache" of the person.
Our programs of accumulative insurance and insurance financial protection allow to solve the following questions already today:
1. Financial protection of the client at approach of the insurance events connected with accidents.
2. The accumulative programs of the life insurance providing a considerable gain of invested funds at the expense of the guaranteed investment income.
Thus, programs of accumulative life insurance combine advantages of insurance protection and usual investment products.
Company Renaissance Life. Simferopol R. Luxemburg St., 27 – Kont. phone 50-06-80 (an official site of the www.renlife.com.ua company)