Insurance Products




Citi Insurance against personal accidents Citi Insurance against personal accidents


Anything can happen in our life. But you can protect your family and yourself from unexpected financial loss! By participating in the Citi Insurance against personal accidents program offered by ÎÎÎ «Strakhovaya Kompaniya CIV Life» for Citibank clients, you and your family will feel more confident even in unforeseen situations.

Participation in the program is voluntary and has no effect on provision of other bank products and services.

You can choose one of the types of coverage offered:
  • Family — protect your whole family, including children.
  • Individual — protect yourself.
  • Individual + Children — insure both yourself and your child.

The amount of coverage offered under each program type may comprise RUB 1,500,000, 3,000,000, 4,500,000, or 6,000,000.


Program advantages:*


  • Compensation for bodily injury resulting from an accident (a certain percentage of the insured amount according to the Payment Table, depending on the severity of injury).
  • Compensation for each day of an insured person’s hospital stay (both in the RF and abroad) resulting from an accident, beginning with the 8th day of hospitalization.
  • Insurance of your children against disability.
  • Payment of 200% of the insured amount in the event of an insured person’s death resulting from an accident on public transportation
    .
  • Payment of 100% of the insured amount in case of an insured person’s death resulting from an accident.
  • Payment of 100% of the insured amount in case of permanent total disability of an insured person resulting from an accident.
To learn more about terms, exceptions and documents required for insurance benefits please see the Insurance policy terms of ÎÎÎ «Strakhovaya Kompaniya CIV Life». Details for clients who applied for the insurance program before April 1, 2008 can be found in the Insurance policy terms of ZAO AIG Life Insurance company (ZAO ALICO Insurance company since July 2009).


Program terms


Citibank clients between the ages of 18 and 64 are eligible for the Individual program; legal spouses between the ages of 18 and 64 are eligible for the Family program, and children between the ages of 2 and 17 are eligible for the Family and Individual + Children programs. To become a program member, you should also see the Policy terms.

The insurance contract comes into effect on the first day of month following the month of the first insurance premium deduction from the client's account. The inception of an insurance contract will be specified in an insurance certificate. If no funds are present in the client's settlement account at the time of the first deduction, the following month Citibank will deduct premiums both for the current and the previous months. In this case the insurance contract comes into effect on the 1st day of the month when the insurance premium was deducted from the client's account for the previous and the current months. Each client receives a certificate and policy terms by mail within two months after the first insurance premium is deducted. You can order a copy of the insurance certificate by contacting 24-hour CitiPhone Banking or visiting any branch any time.


Where is the program effective?


Insurance coverage extends worldwide.


Program cost


Insurance rates depend on the chosen level of protection. Citibank deducts insurance premiums from your credit card account on the date of statement issue (for a credit card) or the date of the monthly deduction (for a debit card) at your request on a monthly basis.


Program options Family
Coverage options 1 2 3 4
Insurance coverage, RUB 1,500,000 3,000,000 4,500,000 6,000,000
Insurance coverage for children, RUB 1,500,000 3,000,000 1,500,000 3,000,000
Hospitalization, payment per day of hospitalization beginning with the 8th day, RUB 900 1,500 2,700 3,600
Insurance fee per month, RUB 600 1,170 1,740 2,370
Program options Individual
Coverage options 1 2 3 4
Insurance coverage for adults, RUB 1,500,000 3,000,000 4,500,000 6,000,000
Insurance coverage for children, RUB No No No No
Hospitalization, payment for a day of stay beginning with the 8th day, RUB 900 1,500 2,700 3,600
Insurance fee per month, RUB 330 660 1,020 1,350
Program options Individual + Children
Coverage options 1 2 3 4
Insurance coverage for adults, RUB 1,500,000 4,500,000 3,000,000 6,000,000
Insurance coverage for children, RUB 1,500,000 1,500,000 4,500,000 4,500,000
Hospitalization, payment per day of hospitalization beginning with the 8th day, RUB 900 2,700 1,500 3,600
Insurance fee per month, RUB 370.2 1,060.2 780.9 1,470.9



Example:


A young couple with children decides to insure under the Family program. They are insured against accidents for only RUB 79 per day (RUB 2,370) under the following payment schedule:
  • RUB 3,600 per day for each day of hospitalization for each spouse, beginning with the 8th day.
  • compensation for fractures and burns suffered (not to exceed RUB 300,000).
  • RUB 6,000,000 for permanent total disability of a spouse resulting from an accident.
  • RUB 3,000,000 for disability of each insured child resulting from an accident.
  • RUB 6,000,000 — a one-time payment to the family in the event of the death of each spouse resulting from an accident.
  • RUB 12,000,000 — a one-time payment to the family in case of the death of each spouse resulting from an accident on public transportation.

How to apply for a program

You can apply for the insurance program in any Citibank branch.


How to get more information about programs

Please, call our 24-hour CitiPhone Banking operator by the following round-the-clock phone numbers:
+7 (495) 775-75-75 in Moscow,
+7 (812) 336-75-75 in Saint-Petersburg,
  8 (800) 700-38-38 in other cities and towns of Russia

and obtain information on access to an insurance service.

* Citi Insurance from personal accidents is offered by CiV Life Insurance Co. Ltd (License Ñ No. 410577, issued by the Federal Service for Insurance Supervision on December 29, 2007). ZAO Citibank, Citigroup Inc., or their affiliates, state authorities and the Russian Federation do not assume responsibility for this insurance agreement. This type of insurance is not investment insurance and provides no refund for the past insurance period. If an insurant cancels agreement within the first 30 days (in the event that no insurance event has occurred), the insurance premium shall not be charged or, if already paid, shall be subject to refund.

ZAO Citibank may receive fees from the insurance company payable on the basis of the above premium to cover its administrative costs.