About the company
BCS Life Insurance (BCS Life Insurance Company LLC) is a specialist life insurer founded in 2017. It is a wholly owned subsidiary of BCS Holding LLC and part of BCS Financial Group together with BCS Bank and other group companies. The CEO is Andrey Chuyko.
Its Bank of Russia licences SZh and SL No. 4365 were issued on 01.11.2018 with no expiry date and cover voluntary life insurance and personal insurance other than life. According to the company, its share capital is RUB 500 million.
Its main customers are investors and clients of the BCS group who use life insurance for long-term savings, family protection and passing capital on to heirs. Policies can be arranged via the company’s website and the group’s offices.
Insurance products
- Investment-linked life insurance — plans where the return depends on the chosen strategy (for example, equity or bond markets), with capital protection through a guaranteed return of premiums at maturity.
- Endowment life insurance — a fixed guaranteed sum at maturity and a payout to the family if the insured person dies.
- Accident insurance as a stand-alone product or as a rider.
- For employers — employee accident insurance.
Life insurance payouts to beneficiaries are not part of the estate — the money goes to the people named in the contract without waiting for probate. Long-term life insurance contracts (signed from 2025 for at least 10 years) may qualify for the long-term savings tax deduction under Article 219.2 of the Tax Code — check the terms with the insurer.
Key figures
According to the Bank of Russia, in 2025 BCS Life Insurance collected RUB 7.1 billion in premiums and paid out RUB 6.5 billion, ranking 37th in the insurance market (a share of about 0.2%). A high payout ratio at an investment-plan insurer is usually linked to the maturity of previously sold contracts. In the first half of 2026 — RUB 4.2 billion in premiums and RUB 3.6 billion in payouts (36th place).
Rating and financial strength
On 05.10.2026 Expert RA affirmed the company’s rating at ruA- with a stable outlook. The company has held a rating at this level since 2020; on the agency’s scale it indicates a moderately high level of reliability.
Important: the Deposit Insurance Agency (ASV) guarantee for life insurance payouts is introduced by Federal Law No. 477-FZ only from 1 January 2027. Until then there is no state guarantee on such contracts. Before buying an investment plan, read the key information document: what exactly is guaranteed, what the fees are, what the return depends on and how much you will get on early termination.
Contacts and claims
- Hotline: 8 800 500-50-21 (free within Russia), e-mail: info@bcslife.ru.
- Website: www.bcslife.ru — personal account, premium payments, claim notification, disclosures.
- Office: 69 Prospekt Mira, bldg. 1, Moscow.
To receive a payout, submit a claim via the personal account or an office with the documents listed in the rules: passport, contract details, medical records for injury or illness, and the death certificate and beneficiary’s documents if the insured person has died. At maturity, the payout is usually arranged on application with bank details. Remember that income under a life insurance contract above the rate set by the Tax Code is subject to personal income tax, which the insurer withholds as a tax agent.
If you disagree with the company’s decision, send a written claim and then apply to the Financial Ombudsman — free for individuals in disputes of up to RUB 500,000. Learn more in the Insured event section. Compare life insurers in the directory or choose a plan via a request to Polis Re specialists.