Sign a agreement with an initial payment
Pay additional fees during the term of the contract
Receive partial survival benefits for the duration of your insurance
For individuals
What is accumulative life insurance
Endowment life insurance is a product that combines the functions of deposit and insurance life.
You enter into a contract and pay additional fees when it is convenient. And thus increase the amount of savings. If an insured event occurs, receive compensation . If the term of the agreement comes to an end - get accumulated money taking into account investment income.
Payments in dollars at the current exchange rate.
How the product works
Freedom First is a life insurance program that combines savings with insurance coverage against accidents.
Period
The contract can be concluded for a period of 2 to 5 years.
Income
If nothing happens before the end of the contract (if you live until the end of the insurance period), you will receive the accumulated amount, taking into account the investment income.
Contribution
At the conclusion of the contract, you pay an insurance premium, which is fixed in US dollars. After that, the insurance coverage extends to the entire duration of the contract.
Partial payments
Starting from the second year of insurance, you can receive a partial payment of the survival amount (up to two times during the insurance period).
The amount of such payment is up to 90% of the redemption amount. To do this, it is enough to fill out an application for a partial payment in your personal account on the website when concluding an online contract.
Pay
In case of death of the insured as a result of an accident, the heirs specified in the insurance policy will receive a payment in the amount of the sum insured in case of death and the redemption amount specified in the policy.
Additional contributions
After the conclusion of the contract, you can make additional contributions, which will be used to increase the amount of savings.
Accounting for profitability from the date of payment, and recalculation of the premium in dollars on the date of payment.
To make an additional contribution, you can fill out an application in your personal account (when concluding a contract online) and pay the contribution online.
Minimum additional contribution - 100 USD
Profitability programs *
Annual effective rate (HPP) of profitability depending on the insurance period and the sum insured.
* in US dollars
An example of a calculation for an insurance premium of $ 10,000
| Sum insured for death from accident | 2 years | 3 years | 4 years | 5 years |
|---|---|---|---|---|
| $250 | 1,68% | 2,29% | 2,59% | 2,76% |
| $500 | 1,68% | 2,28% | 2,58% | 2,76% |
| $1000 | 1,66% | 2,27% | 2,56% | 2,74% |
| $2500 | 1,62% | 2,22% | 2,52% | 2,70% |
| $5000 | 1,55% | 2,15% | 2,45% | 2,63% |
| $7000 | 1,50% | 2,10% | 2,40% | 2,58% |
| $10 000 | 1,42% | 2,02% | 2,31% | 2,49% |
CALCULATOR
Survival of the insured until the end of the insurance period
The payment is carried out in the amount of savings, taking into account the hydroelectric power station profitability
The program covers risks
The sum insured in case of death can be set at your choice. Regardless of the amount set for survival.
The death of the insured as a result of
accident during the period of savings / insurance
The payment is carried out in the amount of the sum insured in case of death +
redemption amount specified in the insurance policy.
ADVANTAGES PROGRAMS
Financial
- The yield is higher than that of foreign currency deposits.
- Fixed rate of return for the entire duration of the contract.
- Insurance payments are not subject to IIT
Legal
- Accumulations under the agreement are not subject to collection and property division at the request of third parties.
- The beneficiary is appointed by you at the conclusion of the contract.
Insurance
- Savings with a guaranteed amount.
- The insurance claim is paid within 10 days.
Guarantees
Financial reliability
Credit rating and financial strength rating of the company from the international rating agency Standard & Poor’s: “BB+” (international scale) and “kzAA” (national scale)
Reinsurance protection
The company reinsures its risks with General Reinsurance, Germany. It is one of the world's largest reinsurance companies.
Freedom brand
Our company has been operating in the insurance market since 2014. Since 2018, we have been operating under the brand name Freedom, a large brokerage company operating in 22 countries.
List of second-tier banks (hereinafter referred to as the bank), for which the Insurer has the right to use the foreign exchange rate set by the bank as the equivalent of tenge when paying the insurance premium/additional insurance premium through second-tier banks:
- JSC Eurasian Bank
- Freedom Bank Kazakhstan JSC
Checkout
Freedom FIRST agreement
- Click on the button to complete the contract online.
- You can also pay the fee online.