During the insurance contract, the individual pays the insurance premium established by this contract monthly
Persons receiving the insurance amount upon expiration of the insurance contract (beneficiary):
The procedure of getting the insurance amount:
Insurance premiums are not necessarily fixed, you can pay a different amount of insurance premium every month. The insurance amount will be recalculated and confirmed by the corresponding supplement to the contract after each change of insurance premium;
Annual investment income is also taken into account while calculating the insurance amount
The insurance amount is paid to the beneficiary to the full extent, regardless of the amount of insurance premiums paid, in case of death of the insured.
If the insured survives until the expiration of the insurance contract, 100% of the insurance amount is paid (insurance premiums paid during the insurance period + investment income)
If the insured dies within the insurance contract term, 100% of the insurance amount will be paid (insurance premiums to be paid during the insurance period + investment income)
Insured: Individuals aged 18-60
Beneficiary: one or more persons specified by the insured
Minimum insurance premium: 50 AZN
Contract term: 5 – 25 years
