Life insurance

From 1 January 2018, people who make their statutory healthcare contributions (for example, long-term unemployed who do not receive unemployment benefit and are not insured by the state, etc.) and are not registered as self-employed within the meaning of the Social Security Code , owed monthly BGN 20.40, the NRA reported.

Vienna Insurance Group (VIG) is moving in the fast lane in Bulgaria. According to current data from the local financial supervisory authority, the two VIG Group companies Bulstrad and Bulstrad Life are number 1 in the Bulgarian insurance market.

The liquidation of personal life insurance policies reached a record-high level of 260 million euros in the first quarter of the year, according to the Hellenic Association of Insurance Companies (EAEE). This compares with a total of 815.5 million euros in early liquidations for 2015 as a whole, or an average of less than 204 million euros per quarter.