Insurance
Valuing our clients’ time and attaching high importance to their safety, Converse Bank hereinafter assumes the role of an insurance agent. As an insurance agent, we offer the following:
- insurance of motor vehicles,
- insurance against fire and other damage to the property,
- insurance against accidents,
- insurance of travellers leaving to foreign countries /supportive insurance/,
List of mandatory documents to be submitted by the clients, according to the insurance classes.
Tariffs of the insurance companies cooperating with the Bank.
"Ingo Armenia" ICJSC
INSURER’S TARIFFS
(the insurance beneficiary is the bank’s client or the bank)
| Overland transport insurance | 2.5% Unconditional non-refundable amount 1%, minimum AMD 40.000, Non-refundable amount in case of hijacking 10%, in case of availability of a antitheft system 5%, Unlimited number of drivers; for a driver with less than 3 years of driving experience 2%, minimum AMD 80.000 |
|---|---|
| Insurance of real estate against fire and natural disasters | 0.135% Unconditional non-refundable amount 1%, minimum AMD 90.000, earthquake 2% |
| Insurance against accidents | 0.16% (disability permanent loss, death) Unconditional non-refundable amount - Not applicable |
Dear Clients,
For detailed information you can apply to the following address:
"Ingo-Armenia" ICJSC
Address: 51, 53 Hanrapetutyan Str., premises 47, 48, 50, Yerevan
Telephone: (+374 10) 592121
"RESO" Insurance Company
TARIFF SYSTEM FOR OVERLAND TRANSPORT INSURANCE
| Number of drivers | Annual tariff for insurance |
| Unlimited number of drivers | Unconditional non-refundable amount - 1% (minimum AMD 50.000) |
| 2,5% |
- Insurance does not apply to taxis and other public transport, sports cars, exclusive cars, as well as Russian cars manufactured more than 10 years ago and foreign cars manufactured more than 15 years ago.
- The area covered by the insurance agreement includes the RA and the NKR, the CIS and Georgia.
- In case of theft/hijacking, unconditional non-refundable amount equal to 3% of the insurance amount applies in case of availability of an antitheft system, and 5% of the insurance amount in the absence of an antitheft system.
- Along with the Agreement, an agreement on insurance against explosion of the gas cylinder installed on the insured car will be provided as a gift.
TARIFFS AND CONDITIONS OF INSURANCE AGAINST FIRE, NATURAL DISASTERS, AND OTHER DAMAGE TO THE PROPERTY
| Insurant | Beneficiary | Annual insurance tariff | Insured event (risk) | Unconditional non-refundable amount |
| A private individual or legal entity signing an insurance agreement with the Insurer through the Agent | Bank (Pledgee) | a) For property that costs up to AMD 50 000 000 the annual insurance tariff will be 0,13% բ) b) For property that costs from AMD 50 000 001 to AMD 200 000 000 the annual insurance tariff will be 0,12% |
Damage caused to the property by the following insured events: a) fire, explosion, stroke of lightning; b) damage caused by water from water supply, heating, sewage, and firefighting systems; c) natural disasters; d) theft by intrusion, robbery, brigandage; e) unlawful acts by third parties; f) clash, stroke, breaking of glass; g) earthquake |
1% of the insurance amount, but not less than AMD 50.000, in case of earthquake 2% |
Insurance of property the cost of which is above AMD 200.000.000 is carried out on individual basis, the tariff is determined individually, depending on the type, purpose, location and other characteristics of the property. The above-mentioned tariffs apply only to apartments, houses, public facilities, while in case of petrol and gas filling stations, factories, workshops and similar facilities, the insurance tariff is agreed with the head office of RESO Insurance CJSC.
TARIFFS AND CONDITIONS OF INSURANCE AGAINST ACCIDENTS
| Insurant or insured person | Beneficiary | Annual insurance tariff | Insured event (risk) | Unconditional non-refundable amount |
| A person signing an insurance agreement with the Insurer through the Agent | Bank (Pledgee) | 0.14%, but not less than AMD 1.000 | If the following happens to the insured person in the result of an accident: 1. Permanent loss of the ability to work category I disability 100% category II disability 80% category III disability 60% 2. Death 100 % 3. Temporary disability |
Does not apply |
TARIFFS AND CONDITIONS OF ''RESO CREDIT'' INSURANCE AGAINST ACCIDENTS
| Options | Insurance amount AMD |
Insurance premium AMD |
Unconditional non-refundable amount |
|
1 |
500,000 |
1,400 |
Does not apply |
|
2 |
750,000 |
2,000 |
|
|
3 |
1,000,000 |
2,500 |
MULTI PROGRAM OF INSURANCE OF TRAVELLERS LEAVING TO FOREIGN COUNTRIES (SUPPORTIVE INSURANCE)
| Validity term | Insurance amount, AMD |
| 8 days during 30 days | 2,000 |
| 30 days during 1 year | 5,000 |
| 90 days during 1 year | 12,000 |
- According to this Program, eligible Insured persons are RA citizens, foreign citizens, and people without citizenship, capable of functioning, aged under 75. The number of insurance days can be as follows: 8 days during 30 days, 30 days during 1 year, and 90 days during 1 year, without limitation of the number of Trips. Within the framework of this Program, the Insurance area covers the whole world, except the RA and the NKR.
- Within the framework of this Program, the maximum total number of insurance days between the beginning and end of the Agreement is defined, which allows the Insured persons to make multiple trips within the validity term of the Agreement, without the need to conclude new agreements.
- Within the framework of this Program, the Insurance amount is EUR 30,000.
- Within the framework of this Program, tariffs are calculated based on the validity term of the Agreement, according to the Table (all tariffs are stated in AMD)
- Within the framework of this Program, the following companies can be mentioned as the Service company and their +contact data can be provided - AP Companies Global Solutions, CORIS Ukraine, AXA Assistance Deutschland GmbH
"LIGA INSURANCE"
INSURER’S TARIFFS
(the insurance beneficiary is the bank’s client or the bank)
| Insurance classes | Tariff | ||
| Insurance against accidents | 0.16%, minimum AMD 1,000 | ||
|
Overland transport insurance; insured risk – physical damage and hijacking |
2,5%, non-refundable amount - 1%, minimum AMD 50,000 Non-refundable amount in case of hijacking 10%, in case of availability of antitheft system 5%, Unlimited number of drivers
|
||
| Insurance against fire and natural disasters |
0,135%, minimum AMD 2,000; non-refundable amount - 1%, minimum AMD 100,000 In case of an earthquake - 2%, minimum AMD 400,000
|
||
| Insurance against other damage to the property | |||
| Travel insurance | Insurance term | Non-refundable amount | Insurance premium |
|
The insurance amount for all presented options is Euro 30,000. Insurance area - the whole world. |
15 days during a year |
Euro 50 |
AMD 4,500 |
| 30 days during a year | AMD 5,000 | ||
| 60 days during a year | AMD 8,000 | ||
| 90 days during a year | AMD 12,500 | ||
| 90 days during a year | Euro 0 | AMD 14,000 | |
|
Household items and civil liability insurance |
household items |
Insurance amount | Insurance premium |
| AMD 2,000,000 | AMD 6,000 | ||
| AMD 3,800,000 | AMD 11,400 | ||
| AMD 5,600,000 | AMD 16,800 | ||
| AMD 7,500,000 | AMD 22,500 | ||
|
civil liability |
AMD 500,000 | AMD 1,100 | |
| AMD 900,000 | AMD 1,900 | ||
| AMD 1,500,000 | AMD 3,200 | ||
| AMD 2,200,000 | AMD 4,800 | ||
Voluntary medical insurance "Fixed compensation health insurance" |
Project | Insurance amount | Insurance premium |
| MiniMed | AMD 200,000 | AMD 10,000 | |
| MiniMed+ | AMD 400,000 | AMD 15,000 | |
Mortgage liability insurance |
Project | Tariff | |
| "Home for Youth" LLC |
2%, minimum 1000 AMD |
||
Dear Clients,
For detailed information you can apply to the following address:
"LIGA INSURANCE" ICJSC
Address: 1 Northern Avenue, Yerevan
Telephone: +(374 60) 62 20 20, +(374 91) 67 90 67
"Nairi Insurance" ILTD
INSURER’S TARIFFS
(the insurance beneficiary is the bank’s client or the bank)
TARIFFS AND CONDITIONS OF OVERLAND TRANSPORT INSURANCE
| Tariffs and conditions of overland transport insurance | Insured event (risk) | Eligible driver | Insurance area | Usage of vehicles | Annual tariff | Unconditional non-refundable amount |
|
Unconditional non-refundable amount |
hijacking and physical damage according to insurance rules |
any person who has a driving license and complies with the insurance rules |
RA, NKR,CIS, Georgia, Iran
|
is not used as a taxi and is not given for rent |
2.5% |
1% of the insurance amount, but not less than AMD 50 000, and in case of hijacking or theft of a part or detail - 5% |
|
can be used as a taxi or given for rent |
6% |
1% of the insurance amount, but not less than AMD 50 000, and in case of hijacking or theft of a part or detail - 5% |
TARIFFS AND CONDITIONS OF INSURANCE AGAINST FIRE AND OTHER DAMAGE TO THE PROPERTY
| Insurance beneficiary | Type of property | Insured events (risks) | Annual tariff | Unconditional non-refundable amount |
|
Agent’s borrower/ Customer |
Real estate (apartments, private houses, administrative buildings, constructions, unfinished buildings) |
Damages caused to the insured property (including glasses), which result from the following insured events:
|
0.15% |
0.5% of the insurance amount, but not less than AMD 90,000; in case of an earthquake - 5% |
TARIFFS AND CONDITIONS OF INSURANCE AGAINST ACCIDENTS
| Insurance beneficiary or insured person | Insured event (risk) | Annual tariff | Unconditional non-refundable amount |
|
Agent’s borrower/ Customer |
The following caused to the insured person through accident:
|
0.15% |
Not applicable |
* the minimum insurance premium cannot be less than AMD 1000
TRAVEL INSURANCE (SUPPORTIVE INSURANCE)
|
Insurance amount |
Insurance area | Duration of the insurance period (journey) | Insurance premium for 1 day, AMD |
|
Euro 30,000 |
Whole world |
Journey lasting from 1 to 15 days | 370 |
| Journey lasting from 16 to 130 days | 320 | ||
| Journey lasting from 31 to 90 days | 270 | ||
| Insurance for 1 year, for several journeys, lasting for total of 90 days | 12,000 /annual/ | ||
| 1 journey lasting from 91 to 365 days | 220 |
Coefficients applied towards the above listed tariffs of travel insurance:
- In case of an Insurance Agreement (policy) signed in favor of a 65-70 year old person, the Insurer applies coefficient 2 towards the basic insurance premium.
- In case of an Insurance Agreement (policy) signed in favor of a 71-75 year old person, the Insurer applies coefficient 2,5 towards the basic insurance premium.
- In case of an Insurance Agreement (policy) signed in favor of a 76-79 year old person, the Insurer applies coefficient 3 towards the basic insurance premium.
- In case of an Insurance Agreement (policy) signed in favor of a 80-85 year old person, the Insurer applies coefficient 4 towards the basic insurance premium.
Dear Clients,
For detailed information you can apply to the following address:
"Nairi Insurance" ICJSC
Address: premise 116/1 and 116/5, Avet Avetisyan Str., Yerevan, RA
Telephone: (060) 500 060, (010) 543 594