The insurance culture in Russia is not well developed. Both parties to the transaction perceive the service as a way to earn money. And to achieve significant success in this market segment, it is necessary to make a lot of effort. Some do it. For example, PPF Life Insurance. Customer reviews about services, quality and nuances of service, read further in this article.
History of creation and development
The fund was founded in 2002 by the foreign Generali PPF LLC. Life Insurance, Home Credit Insurance and Insurance in Russia were all part of the same structure. In 2013 there was a redistribution of shares. PPF Group, a key player in the international holding of investment companies, acquired 25% of the shares in 2013, and then another 24%.
Over the 13 years of its existence in Russia, dozens of customer service programs have been developed that are implemented through its own agent and banking networks. The achieved results are evidenced by the rating of Expert RA A ++ rating agency, membership in the Anti-Fraud Committee of PPF Life Insurance LLC, and customer reviews.
The organization actively participates in non-profit charitable programs. Much attention is paid to the education of children in the framework of the Blue Bird project, which is aimed at helping gifted citizens from socially vulnerable families to get higher education. The institution also provides support to the largest Art Center in Moscow - Winery. The holding has a biotechnological company engaged in the development of drugs for the treatment of tumor diseases. A scholarship is allocated for the training of oncologists. In March 2015, the project “I want to live!” Was launched, the main purpose of which is to contribute to the fight against cancer.
PPF Life Insurance: company rating in 2014
Over the 9 months of last year, the company raised more than 1.9 billion rubles, and the amount of accrued premiums for funded and pension programs amounted to 1.85 billion rubles. This is 23% more than in 2013. The fund is developing its own agent network. Over 9 months consultants from 83 branches increased the amount of premiums collected by 30%, payments increased by 17%, insurance reserves and assets amounted to 6.3 and 7.6 billion rubles, respectively. According to the results of the calendar year, PPF Life Insurance entered the top ten companies on the market.
Company benefits
- A wide range of risks.
- Exemption of the client from payment of contributions upon receipt of disability of group I.
- High level of protection around the clock.
- The ability to connect options that will help change the amount, the frequency of payments.
- Preserving the quality of life in emergency situations.
- Protection action - 24 hours a day around the world.
PPF "Life Insurance" implements programs that allow each person to manage the budget, create a reserve of funds, maintain the material well-being of the family, and generate capital for the achievement of goals. The company offers its customers several products designed for people of different ages and lifestyles. Let's consider them in more detail.
Premium Program
The policy allows you to insure your life and accumulate funds for 5-30 years. At the end of this period or in the event of premature death, a certain amount will be paid. The program allows you to consider additional options. For example, the payment of compensation for death from a dangerous disease or accident (NS).
"Sun" - a program for children
This insurance rate makes it possible to accumulate funds by a certain date and receive material support in case of unforeseen circumstances. The program takes into account the age of the participants, therefore it is possible to connect additional options, according to which payment will be made even for minor injuries. The following are insured events in the standard scheme: expiration of the contract (5-24 years), premature death of the child or parent participating in the program.
Guardia
A package of services from PPF Life Insurance, which includes an extended set of risks. Payment can be received in case of premature death from a person as a result of NS, deadly diseases. If a person lives to the end of the program, then a percentage of the paid contributions will be returned to him.
Optim
The program is aimed at the accumulation of funds, focused primarily on the elderly. The tariff allows you to connect additional options. The main advantage of the program is cash indexation.
"Family option"
A new program from PPF “Life Insurance”, which appeared only in May 2015. 5 family members can become parties to the agreement at the same time: two adults (18-70 years old) and three children (1-17 years old). The policy provides for payment in the event of a burn or fracture, disability, or death as a result of the National Assembly. The policy is for 1 year.
Reviews
The most popular fare is the Sun. In theory, the program allows you to get compensation even for small scratches and cuts on the body of the child. To do this, you need to provide an extract from the clinic and the results of the analyzes in the PPF "Life Insurance". Payment is due up to 2 weeks. This is evidenced by customer reviews on the forums. However, the timing of payment of compensation depends largely on the specific insured event. If we are talking about a person getting a disability as a result of an accident or illness, then the waiting time may increase up to 1 month. In general, most customers are satisfied with the cooperation with the company. There are, of course, negative reviews. But they relate either to the disrespectful attitude of the company’s employees towards customers, or problems arising due to the insured person’s ignorance of the rules for processing an application for compensation. In order to reduce the risk of receiving a refusal to pay, it is necessary to treat the purchase of the policy with due attention in advance.
5 Common Beginner Mistakes
Life insurance is unreliable.
It is possible to reduce risks in long-term financing if you choose a company that adheres to a conservative approach to investments: it invests reserves in government securities and corporate bonds.
Life insurance is an investment, and only then protection.
This service aims to reduce risks in case of health problems. Although endowment insurance allows you to generate some capital, but making a profit is not the main goal. This service is financially attractive due to tax deduction and income indexation.
The only thing you should focus on is the amount of the insurance premium.When choosing a program, several factors must be taken into account: the purpose of the investment (protection or accumulation), a set of risks, and the duration of the contract. Depending on these parameters, the optimal product is selected.
It is better to buy an insurance program with a minimum set of risks.
Such products provide for the payment of reimbursement as a result of death or in the event that the client has lived to the end of the term of the policy. They cannot demonstrate all the benefits of the service or financially protect a person in the event of injury, disability.
Outdated information.
Once a year, you need to revise the contract to ensure the accuracy and correctness of the data. If life circumstances have changed (marriage, divorce, childbirth, increased income), then you need to adjust the program so that the insurance amount can cover the financial needs of families. By the way, untimely updating of data very often serves as a legitimate refusal to pay compensation. This is especially true in cases where the beneficiary has not been changed (for example, as a result of divorce of spouses).
Conclusion
For more than 20 years of work in the Russian market, the Life Insurance PPF has established itself as a reliable institution specializing in providing financial protection and accumulating funds. The company offers its customers 5 programs aimed at different groups of citizens, their goals and needs. The basic conditions for each of them can be supplemented. This is one of the benefits of PPF Life Insurance. The payment of the contribution is made in equal installments over a specified period. In this case, payment can be made directly from the site. High speed of service concerns not only the receipt of money, but also its payment. Papers are considered usually up to one month.