OREANDA-NEWS. August 27, 2009. Allianz ROSNO Life has developed a new risk-based life insurance box program "Remen Bezopasnosti" (Safety Belt) for ROSNO’s OMTPL clients (and all persons permitted to drive as specified in the OMTPL policy). The new product will be sold via ROSNO’s agent, corporate and partner channel, reported the press-centre of ROSNO.

Safety Belt guarantees insurance coverage against the risks "Death caused by any reason", "Death caused by traffic accident", "Disability caused by traffic accident", and "Partial loss of working ability (trauma) caused by traffic accident". In case of occurrence of any of the above events, the insurance coverage will be effective regardless of whether the insurant was a driver, passenger or pedestrian at the moment of the traffic accident.

Maximum insurance amount is 1,160,000 roubles. The cost of policy is 2,000 roubles, much lower than the cost of fixed-term life insurance programs offered by Allianz ROSNO Life, or the cost of the risk-based insurance program "Airbag" offered to ROSNO MOD policy holders. The insurance period is 1 year. The insurance policy is effective worldwide, 365 days per year, 24 hours a day.

The policy "Safety Belt" is fitted with a convenient self-copying form enabling ROSNO insurance agents to enter all information necessary for conclusion of the contract, without any additional underwriting. To sign a contract, a client only has to present his or her passport or driving license.

The new product is launched in Moscow and the Moscow Region, St. Petersburg, Nizhny Novgorod, Saratov, Samara, Yekaterinburg, Smolensk and Tyumen, and later in other Russian cities.

The new product meets the objectives of the project for creation of a network of financial consultants implemented by the companies of Allianz Eurasia. This project makes it possible to use the potential of sales networks of all companies belonging to the Group, and to offer clients the entire range of financial solutions based on the one-stop-shop principle.

Ms. Zinaida Myakina, Deputy CEO of Allianz ROSNO Life, comments on the launch of the new product: "By concluding an OMTPL contract, each driver performs his or her civic duty to other traffic participants. And purchase of policy under the Safety Belt program is an evidence of love and care about your loved ones. This program has been developed on the basis of the successful launch of our first box product for ROSNO network — „Airbag“, offered to ROSNO MOD policy holders. In just 2 months after the launch, over 200 insurance policies were sold. ROSNO agents have already noticed a significant interest towards the program from other client categories — above all, from vehicle owners purchasing OMTPL policies from ROSNO. There is a good reason to believe that Safety Belt will be highly popular already at the first sales stage".