Share life insurance ( unit-linked insurance ) is a hybrid of classic life insurance with an investment component in the form of shares in financial instruments. That is, part of the portfolio at the request of the client is placed in more risky and potentially profitable financial instruments (for example, mutual fund or ETF ), whose composition in the program can be changed periodically.
Equity life insurance is a cumulative life insurance program for customers who want to take advantage of the growth of the stock market without the risk of losing the basic amount invested. As of June 2016, the Life Insurance Association prepared the concept of changes in Russian legislation, which will allow developing the segment of life insurance in the Russian market [1] . Equity insurance is considered by the Association as one of the most promising segments of the cumulative life insurance market [2] .
See also
- Life insurance
- Survival insurance