The law on fractional life insurance will open up new opportunities for residents of the Moscow region.
From January 1, 2025, it will be possible to combine insurance and investments.
Official sales of policies will begin in early 2025, and the first products will appear in the spring, RBC reports.
Shared life insurance is a combined instrument. It includes elements of classic insurance and investments.
With this type of insurance, part of the contributions is directed towards insurance coverage.
At the same time, the other part goes into various financial instruments, including mutual investment funds.
Successful investments affect the profitability of these investments, but are not guaranteed.
In the event of the death of the insured, his heirs or beneficiaries receive the insurance payment and funds from the savings in the investment part of the policy.
Experts remind that if an insured event does not occur before the end of the contract, the client will be able to get back the accumulated investment portion of the money in full.
The explanatory note to the law emphasizes that the person who has entered into a life insurance contract will be able to decide for themselves where the insurer will invest the funds.
