VTB Bank (Armenia) and RESO offer new terms for acquisition of MTPL, MTPL+, health insurance, property insurance

ArmInfo. VTB Bank (Armenia) and RESO insurance company offer new terms for acquisition of 4 types of insurance products (motor third party liability insurance (MTPL) MTPL, MTPL+, health insurance, property insurance), which have been 
prepared for the customers of VTB Bank (Armenia), who make use of RESO's services.    

The press office of the Bank has told ArmInfo that in case of MTPL insurance the recoverable amount for the property damage in one insurable event is 1.8 mln AMD, for the personal damage - 10 mln AMD, for each aggrieved - 3.3 mln AMD. 

The MTPL+ amount for the property damage is increased to 3 mln AMD and the total recoverable amount for the property and personal damage - to 18 mln AMD.   

The health insurance amount is 4 mln AMD and it provides an opportunity to make use of an unlimited number of laboratory and instrumental examinations, consultations, conclusions of foreign specialists, insurance against casualties, with the insurance fee being 36 thsd AMD per person. 

The property insurance fee starts from 6,000 AMD per annum, while the amount insured is up to 10 mln AMD.  

To acquire an insurance policy, the customers of VTB Bank (Armenia) needn't visit the insurance company's office. They need to visit one of the Bank's 65 branches, pay for the service and acquire the insurance product, thereby saving their time.   

One can receive further information about acquisition of RESO insurance policies at VTB Bank (Armenia) by visiting www.vtb.am or contacting the Bank's call center by dialing 87-87.

VTB Bank (Armenia) joined VTB Group in April 2004 and is fully owned by VTB Group, the second biggest bank in Russia. VTB Bank (Armenia) is one of the leaders of Armenia's banking sector. It has 67 branches all over the country (the largest branch network in Armenia).

RESO Insurance Company was founded by one of the largest insurance companies in Russia "RESO- Garantia." The Armenian subsidiary of the Russian company entered the market in November 2008. As of 1 January 2016, the shareholders of RESO are "Polygraphia" CJSC (50%) and CIS Equity Partners Limited (50%) By 1 Jan 2016, the company's MTPL insurance premiums totaled 1.9 bln AMD (5th position), health insurance premiums - 194.3 mln AMD (5th position), property insurance 
premiums - 154.2 mln AMD (3rd position), while the MTPL payouts totaled - 959.5 mln (4th position), health insurance payouts - 119.2 mln AMD (5th position) and property insurance payouts - 7.1 mln AMD (4th position).