Voluntary insurance

Insurance is a special kind of relationship between the insurer and the insured, based on a contract for the protection of interests, both individuals and organizations at the time of occurrence of specific events. At the same time, material interests are protected. The insurance contract is inherently a document that certifies the purchase and sale of an insurance product, and is formalized in the form of a policy.

The specificity of insurance products is that the contribution made by the insured is always significantly less than the insured amount (the amount in which the property interests are valued and which the insurer is obligated to pay in the event of occurrence of certain insured events prescribed in the insurance contracts). Therefore, the market attractiveness of insurance products provides exactly this ratio.

Insurance has its own classification. In accordance with the form of involvement in insurance relations are distinguished:

- Compulsory insurance, carried out in accordance with the law;

- voluntary insurance.

Voluntary insurance implies the voluntary conclusion of an insurance contract. Insurance rules for such insurance products are developed by the insurer. Specific conditions for such a contract are determined individually in accordance with the wishes of each insurer separately.

Voluntary insurance can protect the material interests of a particular person in various spheres of life. Let us analyze some of them.

Voluntary insurance of motor third party liability. This kind of insurance is carried out along with compulsory insurance - OSAGO and in no case replaces it. The need for this type of voluntary insurance is due to the fact that OSAGO, as a rule, does not cover real losses if an insured event occurs . For OSAGO, the liability limit for iron is only 120,000 rubles, and for the victims - 160,000 rubles. Voluntary insurance (DSAGO) of civil liability is designed to expand the limit of liability by bringing the amount of payments to the real costs as close as possible, since it is possible to expand the autocitizen up to 3 million rubles. This advantage in comparison with MTPL is also reinforced by the fact that insurance premiums on DSAGO are much lower.

Voluntary accident insurance is aimed at protecting you and your loved ones from unpleasant surprises, like illness, disability, trauma and death. A positive point is not the high cost of the policy (insurance contract), even with the most complete package of risks. Each insurer individually chooses for itself those risks, which, in his opinion, are the most relevant. Under this program, it is quite possible and necessary to insure children, because they are at their greatest risk in such a beautiful age to various dramatic situations due to their high activity and curiosity. Voluntary insurance against accidents will allow you to remain financially independent even if an insurance event has occurred, since the insurance company is obliged to reimburse all expenses for necessary treatment and rehabilitation, if the event is an insurance event, the protection from which is provided by this type of insurance.

Voluntary insurance can be not only individuals, but also legal, allowing you to protect your employees. But it is worth noting that voluntary insurance, regardless of who acts as an insured, necessarily consists in favor of a particular individual: family members or employees of the organization.