OREANDA-NEWS. April 16, 2010. Oranta introduces a new simple and convenient personal insurance product for individuals and their families. According to this "Family protection" program an insurer can include their relatives living together with them as beneficiaries under the policy as follows: mother, father, husband, wife, children, grandmothers, grandfathers, grandsons, brothers and sisters, stepmother, stepfather, stepdaughter, stepson. Thus, a client provides their loved ones with the insurance protection.

It is required that an insured person is 1 to 70 year old. The insured events under the "Family protection” program are reception І or ІІ groups of physical inability or death of the insurer/the insured person due to an accident.

A policy costs UAH 50 and provides the insurance coverage at the rate of UAH 5000. An insurance contract is concluded for 12 months period. The payment under the policy is conducted proportionally to the quantity of the insured persons and one client can get unlimited number of policies.