The most important Romanian insurance company guarantees your financial protection with the ECONOMICA product

ASTRA Asigurari has issued the Economica savings product, in a new, updated version, merging unique insurance features on the market at this time.

Economica is an exclusive survivor product, intended for a person or a group of persons that want to have savings or that want to supplement the insurance package they already hold. Children who have not turned 1, as well as people up to the age of 77 can be insured. The contract has a surrender value (after at least 3 years from the conclusion of the contract); moreover, it is possible for the insurance compensation to be granted as an additional monthly income to cover the needs of each person. Economica is a flexible product, providing the option to change: the insured amount, the insurance premium or the contract duration; moreover, it is possible to perform automated indexation, for a fixed percentage, of the insurance premium, so that we can cover any insurance option of our clients.

The benefits of the Economica product for Clients:

ASTRA Asigurari has developed a unique savings product on the market, for an optimum price-benefit ratio (as each person additionally attracts a discount for the entire group), with low minimum premiums starting from lei 50/month and high benefits. This product provides its clients with the opportunity of performing savings according to the current options. The Economica product can be accessed both by natural and by legal persons and the latter may benefit from the comfort of concluding a single insurance contract for several insured persons and of having a flexible management thereof (there are 2n-1 grouping options), according to the current financial needs. By accessing such a product, legal persons can build the loyalty of young employees or of employees with high performances, however, they can also include elders, nearing their retirement age (who cannot be included in protection insurance policies). The contract has a surrender value for immediate financial needs. The longer the insurance period, the higher the financial benefits provided by the company.

By concluding an Economica insurance, Insured persons can have access to higher financial benefits than with other savings products. At the same time, benefits are guaranteed for a longer period. Thus, the insured persons can better plan their moments that require high expenses and low incomes, such as study expenses for children, expenses after the end of active life, important events such as: weddings, baptisms, anniversaries, etc.

ASTRA Asigurari provides its clients with an expanded distribution network and easy access to the insurance products promoted by the company.

“We are a dynamic company, with a vision. This is why our business strategy is based on the consolidation of the top positions we hold on the property, auto, maritime and aviation segments, as well as on the continuous development of our products on the life and health market. We are connected to the market trend and to the insurance needs thereof. As we want to be as close as possible to our clients, we have developed truly competitive insurance packages. At the end of June, we have re-launched Garant Individual - an exclusive protection product. We then recreated Tezaur, a protection and savings insurance. We are now about to re-launch Economica, an exclusive savings product that is modern and that is used on markets with a tradition, adapted to the current economic-financial context. We have brought extra value to this savings product and we have improved it with a series of benefits for the client, attributes that make the insurance package unique at this time on the local insurance market", declared Mr. Radu Mustatea, President of the ASTRA Asigurari Directorate.

Other advantages of the Economica product:

Economica provides the option of covering complex savings needs (the wide limits of the insured amounts and of the insurance premiums) and total control on the premiums distributed per policy. The product provides access to long term financial protection even for high age groups. Moreover, it is possible to decide on the payment of the insurance compensation as annuities, determining long term financial security. The insurance may include groups such as: families, schools, classes thereof, various occupational groups or legal entities.

About ASTRA Asigurari

The ASTRA Asigurari company is the Romanian insurance market leader and, during the first 6 months of 2010, it registered a net accounting profit of RON 11,363,128, with an 83% increase compared to S1/2009. The volume of the total subscribed gross premiums net of direct cancellations and re-insurance establishments (life and non-life) registered by the company during the first semester of 2010 amounts to RON 581,191,318, of which RON 574,903,620 is the volume of the gross premiums subscribed to general insurance, registering a 41% increase compared to the 1st semester of 2009.

ASTRA Asigurari is a PAID founding member and it also subscribes the DIP mandatory home insurance policy and the PAD COMPLET policy on www.astraonline.ro. ASTRA Asigurari has recently released the company website - www.astrasig.ro, with a more dynamic, friendlier image.

The company is also active in the social media, as it can be accessed on www.facebook.com/ASTRA.Asigurari and www.astra-asigurari.blogspot.com.