OREANDA-NEWS. On 20 July 2009 was announced, that Ingosstrakh-Life launched two new risk products: Steps of Protection (Stupeni Zaschity) and Wings of Protection (Krylia Zaschity).

Steps of Protection is the insurance program against accidents with increased protection for death and disability. The premium is one-off paid when contract is signed; the insurance period is three years, the insured amount increases annually.

Wings of Protection is a risk program with wider protection. It consists of a larger list of risks including risks related to diseases; and provides its clients with high compensations. The insurance period is also three years; the premium is one-off.

Both programs envisage higher payments in case of death of the insured person in a traffic accident or criminal attack.

“Our new programs give a relevant response to the modern reality”, said General Director of Ingosstrakh-Life Mikhail Ryzhkov. “They combine easy processing and high insured amounts, up to a million and a half Rubles. Three options (Economic, Budget, Standard) make them affordable for clients of different income”.

Insurance company Ingosstrakh-Life is part of Ingo Group and specializes in long-term life insurance, pension insurance and insurance against accidents and diseases. The company was spun off of Ingosstrakh IJSC in 2003, pursuant to the statutory requirement to divide companies that deal in life insurance and insurance other than life.

The Company continues developing and already has representations in 18 large cities of Russia. Besides, Ingosstrakh-Life renders its services around the country through branches of Ingosstrakh IJSC.