Vít Sedláček, Chairman of PPF Life Insurance Board of Directors, said: “We rely on developing traditional life assurance products – endowment life insurance and pension-related life insurance policies, because these products are constantly in demand. To promote these products, we use the traditional sales channel: the network of our own agents. We seek to pursue this approach since personal contacts help us find an individualised attitude to each client and choose suitable programmes that enable clients to accumulate reliable financial provisions for unforeseeable situations.”
With its market share of more than 34%, PPF Life Insurance has been the market leader in the specific segment of pension-related life policies for five years in a row.
For 15 years, PPF Life Insurance has been actively involved in efforts to improve the population’s financial literacy in most of Russian regions. PPF Life Insurance has also contributed significantly to contribute to efforts against oncology diseases as it traditionally provides funds for grants to future oncology doctors; in this, the company works with a reputable Cancer Prevention Fund.
PPF Life Insurance’s financial credibility has been rated high (at ruAA) by the RAEX rating agency for five years in a row. This rating mainly reflects the company’s financial stability and reliability.