OREANDA-NEWS. October 29, 2009. The insurance company Allianz ROSNO Life has complemented its line of risk-based life insurance products with the new child insurance program "Risk Control", reported the press-centre of ROSNO.

The child insurance program "Risk Control" will enable both new and longstanding clients of Allianz ROSNO Life to insure their children aged 1 to 17 against accidents. While the cost of policy starts at 1,100 roubles, the minimum insurance coverage under the program is 100 thousand roubles, and the maximum insurance coverage is 330 thousand roubles.

The program guarantees indemnification against the following risks: partial loss of bodily functions due to accident; persistent disturbance of bodily functions due to accident — with ascertainment to the child of the category "disabled child"; and death due to accident (provided that this risk is included in the program). The insurance period is 1 year.

"All moms and dads know from their experience that children almost always have „ants in their pants“ and, therefore, are exposed to much larger risk of injury than adults. This is why child accident insurance is so essential: it will facilitate financial support to the family if the child gets into trouble. We have always noted a huge popularity of the so-called child package — child insurance coverage against the risk of accident, which we offer under the accumulative program „Podarok Rebyonku“. The program „Child Risk Control“ will enable parents to insure their child separately, while not being clients of Allianz ROSNO Life under accumulative programs. We are certain that the product will enjoy an increased demand, including the demand from the company’s existing clients, whereof over 40% have minors", commented Mr. Alexey Rudenko, Deputy CEO of IC Allianz ROSNO Life.