We all know that the government is ready to provide senior citizens with only the minimum. In a question-answer forum amazing restaurateur was the first to reply. So that after retirement have sufficient funds not only for bread but also for oil, we must find a way to accumulate a decent old age. Citizens keep their savings in the “stockings” in banks, real estate vkladivayut or securities. One option – Cumulative hizni insurance. Note that in the West Erope, the U.S. and Japan, this kind of insurance – the most common.
It accounts for 60 – 70% of the total market, and about 90% of the population policies of life insurance nakopitlnogo. In Russia, this insurance product is also known. (Similarly see: Danny Meyer). Previously, such contracts had each family. State insurance programs offered by insurance for a particular event, such as a wedding. Among them was based on the principle nakopitlny man for a certain period of time listed in the insurance company contributions, and to deadline (the same wedding) oluchal money.
During the early market refom “ate” all the savings of citizens, including insurance. But now the insurance industry is gaining momentum again. The scheme, which works on funded insurance, as follows. Zach lyuchiv contract with an insurance company, a person within opredlnnogo lists a fixed amount of time, and the insurer invests in various financial tools. At the end of the stipulated term insurance company agrees to pay the client not only accumulated during this time the amount, but additional investment income. Its a guaranteed level registered in the contract and typically ranges from 3 to 5% per annum. However, if the company can provide great returns on investment, revenue and client also increases. Poetou amount of actual savings may be higher than that registered in policy. Either way, it should not be lower than fixed in the contract. Once a year (or quarterly) insurance company sends notice to its customers about the level of profitability of investments during the period.