OREANDA-NEWS. January 27, 2009. The insurance company Allianz ROSNO Life offers a new option: indexation of insurance contributions on all valid insurance contracts, except accident insurance programs. Therefore, the clients will be able to increase their insurance contributions under the already existing contracts, with the corresponding increase in insurance amounts, reported the press-centre of ROSNO.

The minimum size of indexation equals 10% of the annual insurance contribution for the principal risk under the regular contribution contracts. Under the lumpsum contribution payment contracts, the minimum size of additional contribution equals 300 US dollars (or 8,100 roubles, if the contract is denominated in roubles).

The insurant may perform indexation of his or her insurance contributions in any convenient time throughout 2009, by furnishing a minimal set of documents, in conformity to the standard underwriting procedure.

"The average insurance period under the policies issued by Allianz ROSNO Life is 17.5 years. Throughout this time, the country’s economic situation and the client’s personal financial condition may change. For example, that individual may have his or her salary increased, then repay the car loan, thus releasing additional monies. This indexing option makes the accumulative insurance program more flexible and enables clients to increase the resultant accumulated value within the contractual period at their full discretion. Previously, the contribution size had been determined at the policy issuance stage and could not change throughout the insurance period", explains Mr. Vladislav Akimov, deputy head of the Insurance Products Development Department in Allianz ROSNO Life.