OREANDA-NEWS. April 07, 2010. Ingosstrakh Life Insurance Company (LLC), the member of INGO Group specialized in long-term life, pension, health and accident insurance, launched Express Protection, a new accident insurance program.

The insurance cover of the risks included in Express Protection policy are the most demanded by the customers, i.e. accidental death, accidental disability (insured amounts are up to 1,000,000 rubles), injury (maximum insured amount is 500,000 rubles). The program is intended for both adults and children.

The new product is remarkable for its substantially shortened list of exceptions from professions. Express Protection offers an immediate insurance coverage based on declaration only, "right here, right now", without a risk assessment procedure. In addition, the insurance rates for a number of professional categories and amateurs in non hazardous sports are reduced.

“Express Protection" as a part of accident insurance became more available to the clients saving their time and money,” comments Yulia Alekhina, Head of Marketing Department of Ingosstrakh Life Insurance Company. “We have simplified the issue of insurance policy and expanded the category of the customers who can obtain their policies on spot instead of waiting a week after applying for the policy. The coverage becomes effective from 12 am of the day following the day of the policy issue. Besides, savings on the processing of the policy allowed a certain reduction in rates.”