It is now even easier to get insurance for Raiffeisenbank credit cards. Now Raiffeisenbank customers can insure the risk of losing money on their credit card through the bank’s information centre.
To take out an insurance policy under this programme, the Raiffeisenbank credit card holder just needs to call the information centre, where he or she will be given the opportunity to join this insurance programme. Previously, customers could only insure the risk of losing money on their credit card by visiting a bank branch.
Under the insurance programme Card without Risk+, customers will be able to protect the funds on their card from fraudulent use by third parties. The Card without Risk+ programme provides coverage from RUR 75,000 to RUR 150,000, depending on the type of card. The programme covers the risk of the illegal use of the insured card by third parties in the event of loss, theft, robbery when withdrawing cash from an ATM using the insured card, and the unauthorized withdrawal of funds from a card that has not been lost or stolen.
At the moment the offer is valid only for holders of Classic/Standard and Gold credit cards.
The insurance programme Card without Risk+ was developed by Chartis, CJSC especially for customers of Raiffeisenbank. More detail on the terms of the programme can be found here.
Chartis, CJSC is part of the international group Chartis and AIG. Chartis is a world leader in personal and property insurance (other than life insurance) and has been operating for 90 years. The company serves over 70 million customers in more than 90 countries. Chartis is the second-largest U.S. insurance company (Fortune 500*, 2011), with the largest global distribution network and the most diversified portfolio.
The company has operated on the Russian market for 18 years. Chartis, CJSC provides a wide range of insurance products to protect the property interests of businesses and individuals, and provides reinsurance services.
ZAO Raiffeisenbank is a subsidiary of Raiffeisen Bank International AG. Raiffeisenbank ranks 9th among the Russian banks in terms of assets, based on H1 2012 results (Interfax-CEA). According to the same Interfax-CEA data, ZAO Raiffeisenbank ranked 5th in terms of liabilities of individuals and 10th with regard to consumer lending.
Raiffeisen Bank International AG (RBI) regards both Austria, where it is a leading corporate and investment bank, and Central and Eastern Europe (CEE) as its home market. In CEE, RBI operates an extensive network of subsidiary banks, leasing companies and a range of other specialised financial service providers in 17 markets. RBI is the only Austrian bank with a presence in both the world’s financial centres and in Asia, the group’s further geographical area of focus. In total, around 61,300 employees service about 14.6 million customers through around 3,100 business outlets, the great majority of which are located in CEE (these figures include Polbank). Raiffeisen Bank International is a fully-consolidated subsidiary of Raiffeisen Zentralbank Oesterreich AG (RZB). RZB indirectly owns around 78.5 per cent of the common stock, the remainder is in free float. RBI’s shares are listed on the Vienna Stock Exchange. RZB is the central institution of the Austrian Raiffeisen Banking Group, the country’s largest banking group, and serves as the group head office of the entire RZB Group, including RBI.