PPF "Life insurance" - reviews

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Insurance culture in Russia is not well developed. Both parties to the transaction perceive the service as a way to earn money. And in order to achieve significant success in this market segment, you need to make a lot of effort. Some succeed. For example, PPF Life Insurance. Read customer reviews about services, quality and nuances of service later in this article.

History of creation and development

The fund was founded in 2002 by the foreign company Generali PPF. Life Insurance, Home Credit Insurance and Insurance in Russia were part of the same structure. In 2013 there was a redistribution of shares. PPF Group, which is a key figure in the international holding of investment companies, acquired a 25% stake in 2013, and then another 24%.

During the 13 years of existence in Russia, dozens of customer service programs have been developed, which are implemented through our own agency and banking network. The achieved results are evidenced by the assessment of the Expert RA rating agency A ++, membership in the Anti-Fraud Committee of PPF Life Insurance LLC, customer reviews.

The organization actively participates in non-commercial charitable programs. Much attention is paid to the education of children within the framework of the Blue Bird project, which aims to help gifted citizens from socially disadvantaged families receive higher education. The institution also provides support to the largest Art Center in Moscow - Winzavod. The holding operates a biotechnology company that develops 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 goal of which is to contribute to the fight against cancer.

PPF Life Insurance: company ranking in 2014

In the first 9 months of last year, the company raised more than 1.9 billion rubles, and the volume of accrued premiums under the accumulative and pension programs amounted to 1.85 billion rubles. This is 23% more than in 2013. The Fund is developing its own agency network. Over 4,000 consultants from 83 branches increased the volume of collected premiums by 30% over 9 months, 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 in the market.

Company Benefits

• Wide range of risks.
• Exemption of the client from paying contributions upon receipt of disability group I.
• High security around the clock.
• The ability to connect options thathelp you change the amount, the frequency of payments.
• Preserving quality of life in emergencies.
• Protection action - 24 hours a day worldwide.

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 to achieve 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 take into account additional options. For example, the payment of compensation as a result of death from a dangerous disease or accident (HC).

"The Sun" - a program for children

This insurance rate makes it possible to accumulate funds by a certain date and receive financial support in case of unforeseen circumstances. The program takes into account the age of the participants, so it is possible to connect additional options, according to which payment will be made even for minor bodily injuries. Insured events in the standard scheme are: expiration of the contract (5-24 years), premature death of a child or parent participating in the program.

Guardia

Packageservices from PPF Life Insurance, which includes an extended set of risks. Payment can be received in case of premature death of a person as a result of NS, deadly diseases. If a person survives until the end of the program, then a percentage of the contributions paid will be returned to him.

Optim

The program is aimed at the accumulation of funds, focused mainly on the elderly. The tariff allows you to connect additional options. The main advantage of the program is the indexation of funds.

Family Option

The 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 case of a burn or fracture, disability, death as a result of an accident. The policy is concluded for 1 year.

Reviews

The most popular tariff is "Sunshine". In theory, the program allows you to receive compensation even for small scratches and cuts on the child's body. To do this, you must provide an extract from the clinic and the results of tests in the PPF Life Insurance. Payment is due within 2 weeks. This is evidenced by customer reviews on the forums. However, the timing of the payment of compensation largely depends on the specific insured event. If we are talking about a person receiving a disability as a result of an accident or illness, thenwaiting time can 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 concern either the disrespectful attitude of the company's employees towards customers, or problems that have arisen due to the insured person's ignorance of the rules for filling out an application for compensation. In order to reduce the risk of being denied payment, it is necessary to treat the purchase of the policy with due attention in advance.

5 common beginner mistakes

Life insurance is unreliable.

You can reduce risks in long-term financing if you choose a company that adheres to a conservative approach to investments: 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 he alth problems. Although endowment insurance allows you to generate some capital, but making a profit is not the main goal. What makes this service financially attractive is the return of the tax deduction and indexation of income.

The only thing worth focusing on is the amount of the insurance premium.

When choosing a program, you need to take into account several factors: the purpose of the investment (protection or accumulation), a set of risks, 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 productsprovide for the payment of compensation as a result of death or if the client survived until the end of the policy. They cannot demonstrate the full benefits of a service or financially protect a person in the event of an injury or disability.

Not updated information.

Once a year, you need to review the contract to ensure the accuracy and correctness of the specified data. If life circumstances have changed (marriage, divorce, the birth of a child, income has increased), then it is necessary to adjust the program so that the sum insured can cover the financial needs of the family. 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 a divorce of spouses).

Conclusion

For more than 20 years of operation in the Russian market, PPF Life Insurance has established itself as a reliable institution specializing in providing financial protection and accumulation of funds. The company offers its clients 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 advantages of PPF Life Insurance. Payment of the fee is carried out in equal installments within a certain period. In this case, payment can be made directly from the site. The high speed of service concerns not only the receipt of money, but also their payment. Papers are usually considered within one month.