The value of premiums collected in Poland by insurance companies offering life insurance policies amounted to approx. Forecasts anticipate that in the oncoming 10 years, the sum will rise fivefold. The amount of money allotted for personal insurances in Poland remains to be relatively low comparing to European Union countries.
Poles learn fast how to move in the general market of insurance.
They know better and better offers of individual insurance companies and start to appreciate the possibility for choosing a firm, while they did not enjoyed such a chance already a couple of years ago. Formerly, a Pole used to be insured almost automatically, at school or workplace. He would fill in some forms, which he even did not read. The rich choice makes people lose their bearings, not knowing which company or product is best for them. And since the matter is about an investment for many years, very often for life, many individuals suspend taking decision till they have more information.