ArmInfo. From now on it is possible to sign a "Family" contract of casualty insurance of Rosgosstrakh Armenia at VTB Bank (Armenia).
The press office of the Bank has told ArmInfo that the "Family" insurance product enables the customers to insure not only themselves but also their family members aged 3-70 against casualties. Under the "Family" insurance contract, traumas, disability of groups 1, 2 and 3, and other injuries etc. are compensated for. The insurance contract is concluded for 1 year and it is valid in the territory of Armenia.
To conclude the insurance contract, the customers only need to submit their ID documents. There is no need to provide additional information and/or any documents about the members of their families.
One can receive further information about the current insurance product by visiting one of the 65 branches of VTB Bank (Armenia), the Bank's website at www.vtb.am, or by dialing the Bank's call center number - 8787.
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 the largest branch network throughout Armenia. The Bank is traditionally among the leaders of the Armenian banking system in terms of the key parameters.
"Rosgosstrakh Armenia" CJSC was established in Armenia in 2008. It operates on the basis of the Central Bank's license No.0009 issued on May 20 2008 for non-life insurance policies. The company is a subsidiary of ROSGOSSTRAKH Group (Russia). The authorized capital of the company is 4.5 bln AMD. The company runs 50 offices in all towns of Armenia (including 19 branches), with 15 of them in Yerevan and 35 in the regional centers and cities in Armenia. In Dec 2011, "Rosgosstrakh Armenia" CJSC was the first on the insurance market of Armenia to get the certificate of compliance ISO 9001:2008 from Moody International. Rosgosstrakh Armenia is among the top three companies in terms of casualty insurance. In 2015, the company's premiums in the specified segment amounted to 119.3 mln AMD, and the payouts totaled 6.1 mln AMD. Rosgosstrakh Armenia secured a 1.1 bln AMD net profit at the yearend of 2015, retaining leadership by this indicator also. In Q1 2016, the company demonstrated 12.2% year-over-year growth in insurance premiums in this segment, while the payouts in casualty insurance grew 12-fold.