JSB «ORGRESBANK» offers new insurance services to its cardholders

17.07.2008

JSB «ORGRESBANK» offers new insurance services to its cardholders

JSB «ORGRESBANK» jointly with CJSC «AIG Insurance and Reinsurance Company» announce an offer of brand new value-added services to the Bank’s cardholding customers: “Bank card risk insurance” and “Accident and health insurance package with travel insurance for trips in Russia and abroad” programs.

Such services are available gratis for holders of Visa Classic/MasterCard Standard, Visa Gold/MasterCard Gold and Visa Platinum.

Under the «Bank card risk insurance» program card holders are insured against financial losses caused by fraudulent use of a lost or stolen card as well as any incidents occurring while withdrawing cash from ATMs (only Gold and Platinum eligible). This service can be set up by default when a card is issued by the Bank.

Maximum insurance coverage is 30 000 Roubles for Classic cards, 60 000 Roubles for Gold and 90 000 Roubles for Visa Platinum. The policy is issued by CJSC «AIG Insurance and Reinsurance Company» and is effective throughout the validity period of a card with ORGRESBANK. The maximum number of events covered is 2 per year.

«Accident and health insurance package with travel insurance for trips in Russia and abroad» affords cardholders an opportunity to avoid medical and other expenses upon the occurrence of an insured event when traveling.

Coverage under this service depends on a type of the insured event and may be as much as 100 thousand dollars. All insurances are effective 24/7 irrespective of a number of trips per year.

To set up this service a cardholder completes a special form and receives an applicable policy of the insurance company. The service is activated when the card is used to pay for the tour in full or in part, as well as for any purchase when on a trip.


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