AlfaStrakhovanie offered its clients to terminate investment life insurance (ILS) contracts with frozen foreign assets ahead of schedule and receive part of the payments. The compensation will be less than the funds initially invested. It is reported by RBC with reference to the company’s customer mailing list.
Information about such an offer from AlfaStrakhovanie also appeared on the banki.ru forum. It follows from the letter to clients that the company proposes to conclude an additional agreement “on early termination of the insurance contract and receipt of payment.”
In this case, the assets will be sold at a discount to market value. The new agreement will set the minimum price of the underlying asset. But the issuer of the blocked asset will determine the actual price, the company explains the principle of such a purchase.
“The actual ransom value is communicated to the customer after the transaction is complete and is expected to exceed the specified minimum value.”
According to one of the company’s clients, they offered him almost half of the money invested. However, the ruble fell during the term of the contract, so the client will suffer fewer losses, since he invested in foreign currency.
Banki.ru commenters also claim that AlfaStrakhovanie offers this type of procedure. The company offered one of the users to return only a quarter of the invested funds. Two more said and willingness to compensate 37%.
But there are bigger tradeoffs, one of the clients talked about the 83% offer.
The company itself did not respond to the publication’s request.
Author:
Natalia Gormaleva
Source: RB
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