INGO LIFE
We would like to inform you that the procedure of voluntary withdrawal from the market of JSIC "INGO LIFE" has been completed. On August 2, 2024, the National Bank of Ukraine revoked the company's insurance license and removed it from the State Register of Financial Institutions.
This was the result of INGO LIFE shareholders’ decision. The relevant documents for withdrawal from the market through the execution of insurance portfolio were submitted to the Regulator, the necessary permission was obtained, and all company’s obligations were fulfilled.
Our common path confirms that "INGO LIFE" was a reliable insurance partner. We are grateful for your trust and support during all these years. We hope to continue this path, as our team continues to work in the insurance market.
See you soon! Wish you new successes together!
Official Statement
Shareholders of JSIC “INGO Life” decided to cease operations in the life insurance segment in order to concentrate on the development of more promising non-life areas.
The company submitted an application to the National Bank of Ukraine (NBU) for permission to voluntarily exit the market with early portfolio execution.
Based on the results of the analysis of submitted applications and the package of documents, on June 28, 2024, the Committee on Supervision and Regulation of Non-Banking Financial Services Markets of the National Bank of Ukraine adopted Decision No. 21/729-rk "On Granting JOINT STOCK INSURANCE COMPANY “INGO LIFE” a Permission to Exit the Market through Execution of the Insurance Portfolio and Approval of the Exit Plan through the Execution of the Insurance Portfolio."
JSIC “INGO LIFE” fulfilled its obligations to clients and partners under insurance and reinsurance contracts in accordance with the plan approved by the regulator.
The company's shareholders are constantly monitoring changes in the life insurance segment and, in the presence of market conditions, have every opportunity to ensure a return to this market within a short period of time.
Shareholders of JSIC "INGO LIFE"
What is INGO LIFE?
A set of insurance programs to improve financial stability:
Savings
Financial protection
Protection of children
Income protection
Financial assistance
Family well-being
Life insurance
- corporate risk life insurance
- corporate pension insurance
- risk and endowment life insurance for individuals
Endowment life insurance
A long-term life insurance program under which the sum insured is paid to the insured if he or she survives to the specified term or if the insured dies, to his or her heirs.
Risk life insurance for a certain period (Term Life Insurance)
Life insurance in case of death, disability, bodily injury or diagnosis of a critical illness.
Additional pension
Non-state pension provision is carried out by concluding supplementary pension insurance contracts.
Why is it worth insuring?
- Non-state pension is paid in addition to the state pension
- The employer determines the amount and frequency of pension contributions and has the ability to adjust them
- Pension funds are invested and grow due to the investment income earned on them, both at the stage of accumulation and during the period of pension payments
- Possibility to optimize taxation, as pension contributions are not subject to personal income tax
- Possibility of fixing the retirement age for 10 years before or 10 years after the general retirement age in the country
- In case of emergency circumstances (at the request of the participant), the savings can be paid out ahead of schedule
- Pension savings are inherited
- Taking care of your own future will help ensure a decent standard of living after retirement
- The amount of the pension you can expect depends on the amount of pension contributions, the accumulation period and investment income
How do we help corporate clients choose INGO Life?
«INGO LIFE» presents an insurance program for its employees in various ways:
Personal manager
Presentation in the office
24/7 support
Savings insurance programs for adults and children:
- Capital
- Capital +
- Successful start
Advantages of the accumulative insurance program
- Provides guaranteed accumulation of funds and solves the issue of financial protection of the family.
- It is the best solution for accumulating funds for the benefit of a child or parents.
- Tax benefits are provided.