To Russian Federation there can be a share insurance lives

In Russian Federation want to unite voluntary insurance lives with investments. State Duma of the Federal Assembly of the Russian Federation adopted such bill in the first reading at plenary session on July 19. The document makes changes to the laws "About the Organization of Insurance Business" and "About Investment Funds". According to the member of the committee on financial market Nicholas Tsed, the bill is aimed at development a segment of voluntary insurance lives. It provides introduction of a new type of insurance — share insurance lives which can become attractive to the persons interested at the same time and independently to invest the means, and...