VAB Life Pays out 80 Thousand UAH in Insurance Payments
OREANDA-NEWS. On August 31, 2007 VAB Life carried out payments of 80 000 UAH by agreement of corporate insurance on the risk "Proof of loss of ability to work as a result of accident and/or disease", reported the press-centre of VAB Group.
VAB Life carried out payments of 80 000 UAH by agreement of corporate insurance on the risk "Proof of loss of ability to work as a result of accident and/or disease". In total during 2007 VAB Life has paid out 350 100 UAH, of which 137 600 UAH on disability.
As the Chairman of the Board of VAB Life Natalia Derevyanko pointed out, in accordance to world practice in life-insurance the growth of volume of insurance payments of the company testifies its active development. So, for the first half-year of 2007 the company concluded 1 597 new agreements, the sum of the insurance payments amounted to 1 702 500 UAH. Also the specialists of VAB Life are constantly working to upgrade the services and the expansion of their services. As reported before, from June, 2007 the company introduced to the offered insurance products medical insurance.
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