Tax Incentives of Demand for Insurance Market Services in Russia

The article is devoted to the tax methods of stimulation of organization's and individual's financial initiatives in the field of insurance in Russia. The article describes the main problems and factors of insurance market development in Russia, summarizes the scientist's points of view of such factors. It was determined that tax methods of regulation can influence the interaction of participants of economic relations. In article specified the types of preferences offered by the Russian legislation, organizations and individuals - participants of the insurance market. The tendencies of using tax preferences in purchasing insurance market products are analyzed. It was concluded that there are many disputable aspects of the application of tax preferences by organizations and individuals in Russia. It is revealed that in Russia there are no tax incentives for the development of voluntary property insurance for individuals and liability insurance for organizations, and of individual medical insurance. The direction of development and adaptation of preferences to modern conditions are determined.