POTENTIAL DEVELOPMENT OF RUSSIAN LONG-TERM LIFE INSURANCE MARKET IN THE MODERN CONDITIONS
In order to fulfill the potential of life insurance market there is a need to take special measures aimed mainly at creation of favourable legislative framework for this industry and building up loyalty and trust to it. The key problem to solve in the aspect of long-term life insurance development is implementation of new and expansion of the existing tax concession and subsidies.
Keywords: long-term life insurance, long-term investments, permanent investments, tax deduction
for the insured, rent, annuity, insurance premium, insurance amount, insurance period, insurance
market.
Tamara B. Sherstneva, candidate of Economics, associate professor of Samara State University of Economics.