Thu, 16 October
17.1 C
Yerevan
USD: 382.67 RUB: 4.84 EUR: 444.93 GEL: 141.23 GBP: 511.44

VTB Bank (Armenia) unveils new terms of Reso insurance package

YEREVAN, June 24. /ARKA/. VTB Bank (Armenia) and RESO insurance company have unveiled today updated terms for buying of four types of insurance products. According to a VTB Bank (Armenia) press release, these products are specifically designed for customers of VTB Bank (Armenia),  using RESO services.

More precisely, the recoverable amount for a traffic accident-caused damage sustained to the vehicle is now 1.8 million dram, 10 million drams for an injured vehicle driver and 3.3 million drams for each passenger.
The recoverable amount envisaged by another extended agreement is 3 million drams for the damage caused to the vehicle and 18 million drams for injuries caused to people.

In the area of health insurance, one can pay 36,000 drams to have an unlimited number of laboratory and instrumental studies, consultations of doctors, as well as a second medical opinion and the opinion of foreign experts for one person. The recoverable amount is 4 million drams.

Insurance of immovable property along with equipment, furniture, etc against theft, burglary, fire or other incidents begins from 6,000 drams annually. The recoverable amount is up to 10 million drams.

According to the press release, to sign contracts customers of VTB Bank (Armenia) do not have to visit the office of the insurance company. They can visit one of the 65 branches of VTB Bank (Armenia) and buy the insurance product. VTB Bank (Armenia) was acquired by Russian VTB Group in 2004. -0-

spot_img

POPULAR

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

US dollar and euro exchange rates against Armenian dram fall, while ruble rises

The average market exchange rate for the US dollar against the Armenian dram, based on the results of October 9, 2025, fell by 0.2 points compared to October 8, to 382.55 drams.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img