„Спестяване” чрез рисково животозастраховане
„Saving” through Risk Life Insurance

Summary/Abstract: The Bulgarian insurance market is offering different types of life insurances. Some of them are named as "Savings insurance, others as"Risk insurance”. The general conditions of these insurance products show the insurance companies understand that thrift means payment of the sum insured under the contract, when the insured person outlives the insurance period. The risk coverage such conditions includes the possibility of death, temporary or permanent disability for work. Some delusions about the nature of life insurance derive due to that fact. It is widely considered that the thrift made by life-insurance is an individual act, in which each insured person saves in a specified account. It is also stated that the thrift in life insurance covers only the insurances in which the insurers agree to pay the insured sum when the insurance period is outlived. As a result of the mentioned above reasons, the main purpose of the presentation is to show the nature and specifics of the saving process in life insurance. It examines and substantiates the need for thrift in life insurance. The prerequisites for thrift in life insurance are illustrated by examples, namely: - its long-term nature and - the equally-left insurance premium for the entire duration of the insurance contract. The conclusion is that the thrift in life insurance is of a special nature. It is connected with the coverage of future obligations in connection with the responsibilities assumed by the insurer. Therefore, saving is done with all life insurances signed for a period exceeding one year, and the insurance premium the insured person has to pay is calculated as an average equally-left for the entire period. Thus, saving is done also with the risk insurances, where the insurers do not cover the event “outliving the period of the insurance contract”.

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