Risks of investment life insurance in Russia

In Russia, the service of investment life insurance (COLI), which performs two purposes simultaneously, is in great demand:

1. provides material support to the client and his family in difficult circumstances, guaranteeing payments established by the contract in the event of an insured event;
2. helps to save money by investing part of the sum insured in financial assets (stocks, bonds) from the list offered by the insurer.

What kind of insurance cases provides for the COL agreement, and how does the client risk the investment of funds?

Insurance risks

Investment life insurance provides for two main insurance risks.

1. Living up to the deadline specified in the contract. Payments are made not only after the expiration of the insurance period, but also in the event of the death of the client before the contract is concluded.
2. Death of the insured person.

The COL entails the payment of allthe moment of occurrence of the insured event of the amount and interest earned due to investments. The compensation can be increased by adding additional insurance risks to the contract (for example, getting an injury).

Financial risks

It should be understood that the COLI is a division of the contributions made into two parts:

• conservative (invested in financial structures with a small but guaranteed income);
• Active (invested in the program selected by the client).

The active part can substantially increase payments for health and life insurance, but carries some financial risks.

• Unsuccessful choice of financial instrument forinvestment of the investment part of insurance and, as a result, loss of profit. In Russia, the client does not have the opportunity to invest anywhere in the COL framework. The list of available companies, on whose activities the risk share of insurance depends, is rather short and is compiled by the insurer.
• The risk of contracting with an unfair orincompetent insurer. Minimize it can be, referring to a proven electronic service for the selection and processing of policies. For example, on the site of bullosafe.ru, the client is available various types of insurance with the most favorable terms. The programs are carefully selected by professionals and are described in an understandable language.

COL is a long-term insurance (from 3 years), whose profit in our country directly depends on the strategy of the insurer.

Quickly and profitably order an insurance policy onlineyou can directly on the site. The company BulloSafe provides a convenient service that allows you to choose a bona fide company and suitable terms of the contract, as well as arrange insurance directly from home.