It should be remembered and the next required that the insurance element - the uncertainty. It means
not just in an accident, but a situation where a disaster happens. In this case, the insurance fund
payment of the contribution (premium) is not returning. Thus, the insurance premium tax is a kind of
for the guarantee to the insured in case of emergency will be given the financial compensation (insurance
allowance). Similar to the custody case - if the asset custody not stolen it
property owner will not require the custodian to return custody fee. Only insurance premiums
case is somewhat complicated, because the main portion of the fee paid to the said fund, from which
will then be paid to the insurance benefits to all participants of the Fund. Thus, the insurance premiums
company formed by a reserve (technical provisions) for possible insurance premiums to be paid, in addition to
compensated by the award and execution costs (commission on insurance intermediaries
staff salaries, office maintenance, etc.) and the share of profit (commercial operator).

Incidentally, it should be noted that the development of insurance, especially life insurance, the insurance service
become more complex, multiple, and often modern life insurance contract covers not only
insurance from a certain element of risk, but some funding or investment services.
Part of the insurance premiums are paid to cover the risk insured and reserve shape, while the other part
accumulated or invested (depending on the nature of the contract), because at the end of the insurance
contract, even if no event has occurred, the policyholder receives the accumulated amount of money earned.