Unanticipated events such as an accident or illness can shake the foundations of personal financial security. The new banking insurance product “My Raiffeisen Account Protection” provides security by covering negative balances for the insured’s account in event of death by up to €5,000, quickly and without red tape. This spares the survivors from dealing with financial worries in a difficult time. Furthermore, the product is suitable for pension savings with attractive premiums. A new tariff was set in autumn 2010 for covering remaining credit debts. This should also contribute to preventing customers and their loved ones from falling into a financial ruin because of a stroke of fate. The advantage of the new credit protection is its comprehensive credit coverage in case of death, unemployment or occupational disability. In order to meet customer needs, multiple unemployment and multiple occupational disability are insured.
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