1. Summary of insurance product
The CLASSIC long-term life insurance contract allows you to receive a lump sum accumulated amount plus a guaranteed bonus.
2. Benefits of an insurance product
The ability to effectively save money;
Income tax exemption;
Insurance cover against the risk of death during the insurance period;
The ability to receive an additional bonus;
Directed funds for life insurance are more painful than placing on bank deposits and savings in US dollars.
3. The main conditions of the insurance product
The insurance period is not less than thirteen months.
Insured events - a) the survival of the Insured until the end of the Insurance Period; b) death of the Insured during the Insurance Period.
The amount of the insured amount is determined by agreement between the Policyholder and the Insurer
The size of the insurance premium is established based on the amount of the insurance amount, the period of insurance, the age of the Insured person, the frequency of payment of insurance premiums.
4. Tax incentives
Amounts of salaries and other income of taxpayers directed to pay insurance premiums paid to legal entities licensed to carry out insurance activities in the Republic of Uzbekistan for long-term life insurance (Clause 15, Article 378 of the Tax Code of the Republic of Uzbekistan);
Amounts received by citizens in the form of insurance compensation are not subject to taxation (Clause 4 of Article 369 of the Tax Code of the Republic of Kazakhstan).
Endowment Life Insurance (Classic) | |||||
Annual Insurance Premium | Lump-sum payment | ||||
12 000 000,00 | 12 300 000,00 | ||||
№ | Insurance premium payment | Extra income from an insurance company | A lump-sum payment to employees | Savings on taxes levied on individuals | Total benefit |
| 100% | 2,5% | 103,5% | 12% | 14,5% |
1 | 1 000 000,00 | 25 000,00 | 0,00 | 120 000,00 | 145 000,00 |
2 | 1 000 000,00 | 25 000,00 | 0,00 | 120 000,00 | 145 000,00 |
3 | 1 000 000,00 | 25 000,00 | 0,00 | 120 000,00 | 145 000,00 |
4 | 1 000 000,00 | 25 000,00 | 0,00 | 120 000,00 | 145 000,00 |
5 | 1 000 000,00 | 25 000,00 | 0,00 | 120 000,00 | 145 000,00 |
6 | 1 000 000,00 | 25 000,00 | 0,00 | 120 000,00 | 145 000,00 |
7 | 1 000 000,00 | 25 000,00 | 0,00 | 120 000,00 | 145 000,00 |
8 | 1 000 000,00 | 25 000,00 | 0,00 | 120 000,00 | 145 000,00 |
9 | 1 000 000,00 | 25 000,00 | 0,00 | 120 000,00 | 145 000,00 |
10 | 1 000 000,00 | 25 000,00 | 0,00 | 120 000,00 | 145 000,00 |
11 | 1 000 000,00 | 25 000,00 | 0,00 | 120 000,00 | 145 000,00 |
12 | 1 000 000,00 | 25 000,00 | 12 300 000,00 | 120 000,00 | 145 000,00 |
Итого: | 12 000 000,00 | 300 000,00 | 12 300 000,00 | 1 440 000,00 | 1 740 000,00 |