In Belarus there are three main categories of insurance: mandatory, voluntary, and the recently introduced imputed insurance, which is a requirement for certain types of business activities. The product line is wide, ranging from accident insurance and motor third-party liability insurance to special offers for legal entities.
In addition, insurance companies offer 20 types of voluntary life insurance and over 160 other programs. The most popular insurance types in terms of GWP include land vehicle insurance (27% of the total), medical expenses insurance (20%), life insurance (8%), supplementary pension insurance (5%), and supplementary funded pension insurance (4%).
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