Interactive master class “Endowment life insurance - a ticket to the future”

As part of the activities of the Student Insurance Agency, an interactive master class “Endowment life insurance - a ticket to the future” was held. The event for the development of life insurance was organized by the teachers of the Department of Finance, Credit and Insurance. The insurance company SberStrakhovanie LLC provided active support in organizing and conducting the master class as a partner.

The master class included a rich educational program for students of the Accounting and Financial Faculty and the Faculty of Social and Cultural Services and Tourism.

During the event, students learned about:

• what is the endowment life insurance (ELI) system;

• all the advantages and disadvantages of the ELI;

• under what conditions can the ELI program be issued in Russia;

• investment opportunities and what are the alternatives.

The speaker tried to give the audience a comprehensive understanding of the life insurance industry. The speaker talked about the role and importance of life insurance, the potential and prospects for market growth, the main life insurance products, promising sales channels, the criteria for the reliability of insurance companies and the place of life insurance in the new model of the pension system.

As part of the event, Maria Vladimirovna Rasko, Manager for Support of Complex Welfare Products, made a presentation, revealing the features, difficulties and possibilities of promoting life insurance products through the banking network. After the presentation, the students were keenly interested in various details of the life insurance agents, sometimes even trying to try on the development prospects as financial consultants.

During the entire master class, the audience showed a sincere interest, asking the speaker many questions about various aspects of life insurance. This shows once again how important advocacy and promotion of life insurance is. Therefore, at the briefing following the seminar, there was a unanimous opinion on the need to hold such events on a regular basis. Then an increasing number of citizens will get acquainted with the new opportunities provided by such a financial instrument as life insurance. 

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