UrBC, Yekaterinburg, April 27, 2020. NEYVA Bank and SOGLASIE VITA Insurance Company Limited came up with a new insurance offer: STOP VIRUS is meant to support Covid patients or the families of patients who died from the virus.

According to the bank’s press service, the insurance policy is good for one year for insured events occurring within Russia only. The offer applies to any Russian national over eighteen. Under the terms of the policy, if the insured person dies from the novel coronavirus, the family will get up to RUB 1 million in compensation payments.

‘They talk a lot about the need to support businesses affected by the Covid pandemic quarantine. This is all fair, but one also needs to consider private individuals who test positive for the virus. These people end up spending a long time in hospitals, their lives are at risk. Quite a few of them are young, working people, their families’ primary breadwinners. Some people do die. Every such case is a local calamity. We would like to support these families and offer them an affordable yet very relevant insurance product,’ says Chair of the Board at NEYVA Bank Konstantin Levushkin.