Friday, June 24 2016 12:38
Alina Hovhannisyan

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

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).

POST A COMMENT
Input digits     


News
Putin: Russia remains Armenia`s leading trade and economic partnerPutin: Russia remains Armenia`s leading trade and economic partner
Hakob Arshakyan: Despite advanced growth of high technologies,  level  of their use remains at  low levelHakob Arshakyan: Despite advanced growth of high technologies,  level  of their use remains at  low level
Pashinyan announces launch of new financial support mechanism for  industrial cooperation in EAEUPashinyan announces launch of new financial support mechanism for  industrial cooperation in EAEU
EDB Head: This year we have actively developed our portfolio in  ArmeniaEDB Head: This year we have actively developed our portfolio in  Armenia
AFD, ADB to allocate 100mln Euro, 100mln US dollars respectively to  support Armenia`s budgetAFD, ADB to allocate 100mln Euro, 100mln US dollars respectively to  support Armenia`s budget
Share of national debt in Armenia`s GDP to lower next year Share of national debt in Armenia`s GDP to lower next year 
Fitch Ratings reaffirmed Ardshinbank at `B+`, upgrading outlook to StableFitch Ratings reaffirmed Ardshinbank at `B+`, upgrading outlook to Stable
EDB planning more projects in Armenia next year EDB planning more projects in Armenia next year 
EDB implementing $100mln projects in ArmeniaEDB implementing $100mln projects in Armenia
Ministry of Economy expects Armenia`s GDP to grow by 14%Ministry of Economy expects Armenia`s GDP to grow by 14%
Air cargo transportation between Turkey and Armenia will start by the  end of 2022, media reports sayAir cargo transportation between Turkey and Armenia will start by the  end of 2022, media reports say
Minister: AMD 273 billion to be allocated from Armenia`s state budget  to pay interest rates in 2023Minister: AMD 273 billion to be allocated from Armenia`s state budget  to pay interest rates in 2023
Armenian-Iranian trade needs boosting - official Armenian-Iranian trade needs boosting - official 
Ardshinbank has extended the campaign for issuing a digital card for 1 dramArdshinbank has extended the campaign for issuing a digital card for 1 dram
Growth of Armenia`s economic activity to 14.5% in 10 months was  accompanied by increase in exports and importsGrowth of Armenia`s economic activity to 14.5% in 10 months was  accompanied by increase in exports and imports
Unprecedented offer from FLYONE ARMENIA: Beirut, Dubai, Tel Aviv for  only 89 eurosUnprecedented offer from FLYONE ARMENIA: Beirut, Dubai, Tel Aviv for  only 89 euros
Over a half of Armenia`s population live in  communities actively  involved in  CoM East projectOver a half of Armenia`s population live in  communities actively  involved in  CoM East project
Armenia`s transport infrastructure yet unprepared for new geoeconomic  configuration - Vahe Davtyan Armenia`s transport infrastructure yet unprepared for new geoeconomic  configuration - Vahe Davtyan 
AMD 4․653․223 to AMD 4․653․223 to "Aren Mehrabyan" foundation: beneficiary of "The Power of One Dram" for December is the Health Fund for Children of Armenia
Forecast: Without social support, poverty rate in Armenia could rise  to 49%Forecast: Without social support, poverty rate in Armenia could rise  to 49%
PSRC starts process of revising electricity tariffsPSRC starts process of revising electricity tariffs
Poverty rate in Armenia in 2021 increased by 0.1% compared to 2019Poverty rate in Armenia in 2021 increased by 0.1% compared to 2019
Armenia`s government to support IT sector Armenia`s government to support IT sector 
Ardshinbank holds a campaign 10000 AMD for every 300th client making a money transferArdshinbank holds a campaign 10000 AMD for every 300th client making a money transfer
Armenia`s share in UNECE programmes 22%Armenia`s share in UNECE programmes 22%
EU to issue 33mln EUR grant to Armenia EU to issue 33mln EUR grant to Armenia 
Nikol Pashinyan: Introduction of  universal income declaration system  will have significant anti-corruption effectNikol Pashinyan: Introduction of  universal income declaration system  will have significant anti-corruption effect
On December 1, Ameriabank to start initial placement of next tranche  of USD bonds in amount of $10 millionOn December 1, Ameriabank to start initial placement of next tranche  of USD bonds in amount of $10 million
Models of cooperation between public and private sectors are being  developed in ArmeniaModels of cooperation between public and private sectors are being  developed in Armenia
Evocabank launches new contactless cashless payment tool- mPOS for  business entitiesEvocabank launches new contactless cashless payment tool- mPOS for  business entities
Joint Initative of HSBC Bank in Armenia and Jinishian Memorial Foundation (JMF) promotes innovative and sustainable agriculture among the small holder farmers.Joint Initative of HSBC Bank in Armenia and Jinishian Memorial Foundation (JMF) promotes innovative and sustainable agriculture among the small holder farmers.
Civil Contract nominates Armen Nurbekyan for post of CBA Deputy  Chairman Civil Contract nominates Armen Nurbekyan for post of CBA Deputy  Chairman 
Economy Ministry to provide Economy Ministry to provide "oxygen" for IT companies working with  international market 
Party: Draft state budget of Artsakh for 2023 does not reflect  internal and external realities Party: Draft state budget of Artsakh for 2023 does not reflect  internal and external realities
Mher Grigoryan noted key importance of programs implemented jointly  with EBRD Mher Grigoryan noted key importance of programs implemented jointly  with EBRD 
Vahan Kerobyan: Our goal is to bring the volume of investments to 25%  of GDPVahan Kerobyan: Our goal is to bring the volume of investments to 25%  of GDP
Ameria PhonePOS.  New application for receiving non-cash payments with a smartphoneAmeria PhonePOS.  New application for receiving non-cash payments with a smartphone
EDB developed concept for establishing platform on which  multicurrency digital transactions may be carried out - Tigran  SargsyanEDB developed concept for establishing platform on which  multicurrency digital transactions may be carried out - Tigran  Sargsyan
EDB announces 2nd contest of digital technologiesEDB announces 2nd contest of digital technologies
Economy Ministry to support IT companies affected by dram  appreciationEconomy Ministry to support IT companies affected by dram  appreciation
Expert: There are a lot of random people in the tourism sector of  Armenia todayExpert: There are a lot of random people in the tourism sector of  Armenia today
Incomplete fulfillment of capital expenditures indicates a lack of  professionalism - EconomistIncomplete fulfillment of capital expenditures indicates a lack of  professionalism - Economist
EDB forecasts 4.2% GDP growth in Armenia in 2023 and gradual  devaluation of AMDEDB forecasts 4.2% GDP growth in Armenia in 2023 and gradual  devaluation of AMD
Sporadic construction of solar power plants could undermine Armenia`s  food security - expertSporadic construction of solar power plants could undermine Armenia`s  food security - expert
ADB to help Armenia develop wind energyADB to help Armenia develop wind energy
US considers granting Armenia market economy statusUS considers granting Armenia market economy status
Another dollar tranche of bonds from IDBankAnother dollar tranche of bonds from IDBank
Tourists arriving in Armenia faced difficulties due to cashless  payment requirements - MPTourists arriving in Armenia faced difficulties due to cashless  payment requirements - MP
Armenia`s tax authorities on peculiarities of taxation when renting  apartmentArmenia`s tax authorities on peculiarities of taxation when renting  apartment
AraratBank acts as an underwriter of National Mortgage Company RCO bonds   AraratBank acts as an underwriter of National Mortgage Company RCO bonds  
Converse Bank customer wins Visa campaignConverse Bank customer wins Visa campaign
Armenia`s economy recovered quickly after `September shock` - Vahan  KerobyanArmenia`s economy recovered quickly after `September shock` - Vahan  Kerobyan
AraratBank launches Google Pay for its card usersAraratBank launches Google Pay for its card users
Goods imported to Armenia to be liable to excise taxGoods imported to Armenia to be liable to excise tax
Armenia`s national debt in terms of figures not essential - Armenia`s  premier Armenia`s national debt in terms of figures not essential - Armenia`s  premier 
French Development Agency to open permanent office in YerevanFrench Development Agency to open permanent office in Yerevan
Proposed reform to introduce system of mandatory universal income  declaration system for all resident citizens in Armenia cannot ensure  achievement of the declared goals: Tigran JrbashyanProposed reform to introduce system of mandatory universal income  declaration system for all resident citizens in Armenia cannot ensure  achievement of the declared goals: Tigran Jrbashyan
IDBank  “MalatiaIDBank  “Malatia" branch now more comfortable and modern
Largest mining company in Armenia presents its first ESG reportLargest mining company in Armenia presents its first ESG report
It is already possible to make payments with IDBank cards via Apple PayIt is already possible to make payments with IDBank cards via Apple Pay
Read more


Exchange rates
09.12.2022
RUB6.330.01
USD395.300.15
EUR417.562.18
GBP484.723.70
CAD290.190.77
JPY29.060.19
CNY56.810.04
CHF424.014.22