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'Standart+Sport' Insurance From Ingo-Armenia

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  • 'Standart+Sport' Insurance From Ingo-Armenia

    'STANDART+SPORT' INSURANCE FROM INGO-ARMENIA

    ArmInfo
    2010-03-01 12:14:00

    ArmInfo. In January 2010 "INGO ARMENIA" launched a new "STANDART
    SPORT" travel insurance product for tourists who go abroad for
    active rest. Demand for the product had been observed for a long time
    and during the winter holidays it became one of the most essential
    products. Earlier the Company performed travel insurance by three
    programs with appropriate range of insured risks: ECONOM, STANDART
    and BUSINESS, the official website of the company reports.

    The company covers the following risks through the program "ECONOM":
    medical costs, medical and transportation charges, assistance expenses
    and posthumous repatriation expenses. "STANDART" insurance covers the
    risks of the "econom" program as well as transportation charges and
    organization of juridical consultations. Alongside with the above
    risks, "BUSINESS" program covers also expenses related to baggage
    loss/damage and amateur sports injuries.

    The originality of "STANDART SPORT" travel insurance program is the
    cover of expenses related to in amateur sports injuries alongside with
    the risks covered by "STANDART" insurance program. Average cost of
    one-week insurance, which covers risks of traumatic sports activity,
    is EUR 20 for a limit of indemnity up to EUR 30'000 or USD 50'000.

    It should be noticed, that "INGO ARMENIA" is the market leader both
    by total collected insurance premiums and by the segment of travel
    insurance. In particular during 2009 the Company has collected almost
    AMD 80 million insurance premiums by 12.5 thousand insurance policies
    issued.
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