OREANDA-NEWS. May 06, 2009. Volgo-Vyatka Directorate of Allianz ROSNO Life has won the tender for provision of life insurance coverage to the employees of Centre & Privolzh’e Interregional Distribution Network Company, reported the press-centre of ROSNO.

The contractual insurance protection will equal 16 million 785 thousand roubles.

OJSC Centre & Privolzh’e Interregional Distribution Network Company is the major supplier of electricity transfer and network connection services in the Vladimir Region, Kaluga Region, Kirov Region, Nizhny Novgorod Region, Ryazan Region, Tula Region, the Republic of Mari-El, and the Republic of Udmurtia.

Following its victory in the tender, Allianz ROSNO Life will insure the company’s employees under the "Stil Zhizni" (Lifestyle) program against the below risks: death due to any reason, disability due to any reason, death due to accident, disability due to accident, partial loss of working ability due to accident, primary diagnosis of a critical disease. The insurance period is 5 years.

This program will also enable insurants to accumulate financial savings by certain contractual date and gain additional income depending on the results of investment operations carried out by Allianz ROSNO Life.

5 federal-scale life insurers participated in the tender. The major criteria for selection of a winner were the insurer’s financial reliability and stability, its operating record at the insurance market, as well as the price-quality ratio of its insurance services.