"Qala Life" insurance company, which is distinguished by its activity in the life insurance market of Azerbaijan, has announced its main financial indicators for January-December of the current year.
According to the information provided by the company, despite the pandemic period in the country, the company successfully continued its development during this period. Thus, in January-December 2021, the sales team collected insurance premiums in the amount of 19,202,113 manat, which is 3,257,235 manat more than in the corresponding period of 2020.
During the reporting period, "Qala Life" paid insurance payments to customers in the amount of 3,119,408 manat for various insurance events, of which 2,383,241 manat fell to voluntary insurance and 736,167 manat to compulsory insurance.
"Qala Life", the most reliable life insurer in Azerbaijan, has been operating since 2010. The company provides services to customers in voluntary and compulsory types, including "Life insurance of the borrower under a mortgage loan", "Life insurance under a capital program", "Insurance against incurable diseases", "No-loss and no-loss insurance", "Life insurance", "Secured future" and "Life insurance of the insured in case of loss of working capacity", "Compulsory insurance against loss of professional and working capacity as a result of accidents in production and occupational diseases" for corporate clients.