About the company
Sovcombank Life Insurance LLC (brand: Sovcombank Life) is a life insurer within the Sovcombank group. It offers individuals savings and life and health protection plans, and employers group cover for staff.
According to the Bank of Russia, the company ranked 13th among all Russian insurers by premiums in 2025 and held that position in H1 2026; among life insurers it was sixth for the half-year. Its registered address is on Leningradsky Avenue in Moscow.
Lines of insurance
The largest line is retail single-premium endowment insurance. The company also offers borrower cover including for mortgages, personal accident and critical illness plans, medical programmes, travel policies and group health and accident cover for employees.
For individuals
- Travel insurance
- Mortgage insurance
- Personal accident insurance
- Life insurance
- Voluntary health insurance (DMS)
- Critical illness cover
For businesses
You can get an indicative price in our calculators for travel insurance and mortgage insurance; the final premium is set by the insurer.
Key features
A large share of policies is sold directly, the rest through partner banks. The company holds Bank of Russia licences SZh No. 4105 and SL No. 4105. Before buying a savings plan, compare it with other ways of placing money: the return under an insurance policy may not be guaranteed, and early termination pays only the surrender value.
Most voluntary policies can be cancelled with a premium refund within the 14-day cooling-off period. 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.
Worth knowing: from 1 January 2027, under Federal Law No. 477-FZ of 26 December 2024, a guarantee scheme for life insurance payouts run by the Deposit Insurance Agency (DIA/ASV) comes into force. Until then there is no state guarantee on such policies, so check the insurer's reliability, ratings and early-termination terms before signing.
Key figures and ratings
According to the Bank of Russia, in 2025 the company collected RUB 80.4 billion in premiums and paid RUB 39.7 billion in claims, ranking 13th among all Russian insurers by premiums with a market share of about 2.0%. In H1 2026 premiums totalled RUB 36.8 billion and claims paid RUB 39.7 billion. In H1 2026 the company's claims paid exceeded its premiums.
| Indicator | 2025 | H1 2026 |
|---|---|---|
| Gross written premiums | RUB 80.4 billion | RUB 36.8 billion |
| Claims paid | RUB 39.7 billion | RUB 39.7 billion |
| Rank by premiums among Russian insurers | 13 | 13 |
Credit (financial strength) ratings on the national scale for the Russian Federation:
- Expert RA: ruAA, stable outlook (rating action of 21.09.2026)
Contacts and claims
- Phone: 8 800 510-35-10 (toll-free in Russia)
- Website: sovcomlife.ru
- Email: feedback@sovcomlife.ru
- Registered address: 35 Leningradsky Ave., bldg 1, Moscow 125284
When an insured event occurs (death of the insured, disability, injury, a critical illness diagnosis or the maturity of a savings policy), notify the company by phone or via the online account and file a claim. You will usually need the recipient's passport, the policy, medical documents or a death certificate and bank details; heirs also need inheritance documents. The exact list and processing times are set out in the policy terms.
If you disagree with a refusal or the amount paid, first send a written complaint to the insurer. For claims of up to RUB 500,000 you must apply to the Financial Ombudsman before going to court; this is free of charge. You can also file a complaint with the Bank of Russia.
Polis Re specialists can help you compare offers from different insurers and choose a policy that fits your needs: send a request or use the comparison tool. Other market players are listed in our insurance company directory.