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ROSNO Ukraine has developed new insurance product “Formula-Econom”

10.5.2007
The Ins. Co. “ROSNO Ukraine” announced the launch of a new package auto insurance program “Formula-Econom”.
The program “Formula-Econom” was developed by the specialists of ROSNO Ukraine on basis of the already existing product “Formula” – the package auto insurance. Both programs cover a wide range of risks for the very vehicle, third party car liability, as well as the accident insurance for the driver and passenger of an insured auto.
The “Formula-Econom” program differs by the lower cost of the product in comparison with the classical “Formula” due to the peculiarities of the insurance coverage. This program is 17,2% cheaper.
In addition to the high level of the product maintenance “Formula-Econom” has the following advantages:
  • Insurance money is paid regardless of the wear and tear;
  • Insurance amount remains unchanged during the whole insurance period;
  • Wrecker services within Ukraine are covered up to 600 UAH;
  • No restrictions on night storage;
  • In case of car window glasses, mirrors and outer lightning units damage insurance money is paid out without a certificate by the State Motor Licensing and Inspection Department and with no restrictions on the number of insurance cases and amount of indemnity.
  • The contract is valid on the territory of Ukraine, CIS, Europe (theft and TPL - Ukraine)
  • Insurance premiums may be paid by installments with no increase of the insurance tariff.
Working on the “Formula-Econom” we tried to obtain an optimal relation between the product’s price and its quality, - said Vitaliy Vilinchuk, the deputy director of the ROSNO Ukraine Non-Insurance Intermediaries Department. – The program has been developed for the motorists with many years of work experience, interested in getting prompt payments. With its launch ROSNO Ukraine clients will get more options of the insurance products”.