OREANDA-NEWS. Ingosstrakh Insurance Company launches sale of baggage insurance policies for clients buying air tickets in Euroset stores.

Each client buying an air ticket in one of over five thousand stores of Euroset company now as an extra option to insure their baggage for the flight duration right on the spot. The insurance policy covering risk of loss of baggage by the carrier is issued by store personnel at one-click speed upon verbal agreement of the client. Insurance is effective from the moment of registering of baggage during check-in with the carrier. The sum of insurance coverage is RUB 1,500 for each kilogram of weight of lost baggage (but no more than RUB 20,000).

Insurance premium amounting to RUB 70 is collected in a single sum regardless of route length. The cost of the policy for one-way and return routes is the same. Insurance remains in force both during the flight and the stay in airports, taking into account all connection flights.

Policy holder may be a person aged 18 and older having paid the insurance policy cost. Beneficiary is a passenger indicated in the ticket, including under-age child.

Mariya Shalina, Euroset Telecommunications Projects and Additional Services Department Director says, “According to statistics, in 2012 the world air companies lost or delayed over 25 million baggage items. In 13% of this cases, bags and suitcases were damaged or opened up and in 4%, the baggage couldn't be found.* A new service for baggage insurance upon purchasing an air ticket at Euroset stores is aimed at ensuring maximum comfort and safety of clients during their air travels and business flights around the world. Other advantages of the new type of insurance are low cost of policy and ease of issuance”.

Vadim Yurko, the head of Marketing Management Department of Ingosstrakh Insurance Company notes: “Loss of baggage can severely disturb your plans, spoil vacation or a business trip. Insurance policy will not help avoid all the problems but it will give you a chance to be reimbursed for financial damage, which in such case is subject to compensation by insurance company. Ingosstrakh Insurance Company always increases the level of service making purchase of our products as comfortable as possible. The policy is issued upon buying of a ticket, so the client doesn't have to go the insurance company's office. Baggage insurance is not the first project implemented within cooperation of Ingosstrakh Insurance Company and Euroset. Since recently Euroset stores offer air passenger travel accident insurance policies from Ingosstrakh-Life Insurance Company”.

As of June 2013, clients of Euroset buying an air ticket at its stores can purchase travel insurance policies of Ingosstrakh-Life Insurance Company LLC. For more information please visit: <http://euroset.ru/news/4045852/?sphrase_id=1950815>.

The policy form specifies Terms of insurance.

In the event the carriage was postpones and/or not completed within the time specified, the period of insurance agreement should be prolonged for the time required to complete the carriage.

If the terms of carriage have to be changed at the instance of the carrier, the insurance agreement is not subject to reissuance and will be effective with regard to new terms of carriage.