It combines: Functions of classical insurance. A tool for making profits from investments. The insurance company (IC) invests the funds received from the client in investment objects. In securities and other assets. This brings profit. The IC shares it with the insured. This is logical, because any money should "work".
If they lie dead weight, then they will not even be moj data possible to save. That is, physically they will not go anywhere, but over time their purchasing power will be less and less. In a few years, you will no longer be able to buy with them what you could buy today.
In addition, in times of crisis, inflation, as a rule, grows faster. And therefore, funds depreciate faster. People no longer keep money "under the mattress". They try to invest funds at least at a modest interest rate. But in the case of a minimum yield, it will not be possible to earn. And we all want our capital to grow. This is where the ILI policy helps, while allowing you to feel more protected.
If an accident happens to the policyholder, he gets sick, gets injured, the insurance company will pay compensation. In the event of a fatal outcome, the payment is received by relatives or other beneficiaries specified in the insurance contract.
Additional investment income is not guaranteed
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