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HOME  >  About insurance  >  Life Insurance 
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Life Insurance

Why insurance?
How to choose the right insurance company

Why insurance?

Life insurance is a specific financial service, the foundations of which are based on the trust of clients in the fact that also in far future the insurance company will be able to pay its obligations.

Reasons, for which people take out insurance, are different.
They realise the responsibility for their relatives not only during their own life, but they also think of later necessities of life of all other family members. They also want to increase their standard of living, securely invest funds or ensure income at retirement age.

The financial security of AMSLICO AIG Life is built upon the three solid pillars - insurance, saving and investment.

AMSLICO AIG Life insurance is a service, which in combination with different types of additional insurance or other financial products can provide for and meet almost all needs of our clients as a part financial planning.

At the beginning of 2005 a law came into force making it possible to deduct up to SKK 12 000 per year from the tax base for life insurance provided that the conditions set in the law are met.

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How to choose the right insurance company

Taking out life insurance is a long-term relationship between a client and an insurance company, which lasts for 20 years on average. The result of today’s decision about taking out insurance can occur today, tomorrow, but also in 20 to 30 years.

Therefore, from the perspective of a client who is interested in insurance, it is a top priority whether the insurance company can fulfil its obligations in the future. The client also needs to know what is related to its economy, does it have stable economic results – yearly profit achievement and the growth of its market share. From the long-term perspective, the growth of its market share cannot exist without the profit achievement and vice versa.

The financial background of the insurance company is also very important – what is the home company, whether it is a member company of a strong group of companies. This results in experience during the creation of products and the correct timing of their launch to the market. The traditional business philosophy, know-how and international experience are not less significant.

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