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GARANTOR

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Accumulative insurance enables you to accumulate sufficient saving for major purchases and to generate additional income as well. Accumulative life insurance with Ingosstrakh holds a number of advantages:

• In the insurance contract, you may indicate the insured amount and insurance period based on your own choice.
• You may choose the way you want to pay your insurance premiums, whether as a one-off payment or in installments (annually, every six months, quarterly, monthly).
• The guaranteed rate of income is 3.5% pa. Moreover, based on the annual return on investments your policy will be eligible to an additional investment income.

GUARANTOR:

• Enables you to generate sufficient savings for any major purchase.
• From the first day of the policy, the amount is secured against any contingency that may arise in the event of disablement or death of the insured person.
• The insured amount becomes payable when the Insured person lives to the date indicated in the insurance contract. In the event of death of the latter the amount is payable to the Insured person’s beneficiary.

Examples:

• A man of 35 wants to save up enough to make the first payment under a mortgage deal for his child in a twenty-year’s time. The amount insured under the contract is $50000. The annual premium payable will be $2140. The forecast insured amount receivable, inclusive of the additional investment income is $62 600.
• A woman of 32 decides to enter a life insurance contract for 15 years to save up a certain sum as a present on her child’s coming of age.  The amount insured under the contract will be $10000. The annual premium will be $570. The forecast insured amount receivable, inclusive of the additional investment income is $12 140.

Additional insurance:

• The Guarantor program may also provide additional insurance for the event of a critical disease with the payment of an additional insured amount.
• The size of the insured amount is determined regardless of the main type of insurance within the limit of $25 000.
• An insured event in this type of insurance is when the Insured person is diagnosed to have a disease or is referred to a surgery (cancer, myocardial infarction, cerebral crisis, kidney failure, paralysis, surgical treatment of coronaries and transplantation of basic organs).