For time sparing purposes of its customers, BTA Baltic Insurance Company AAS (BTA) will enable an option to purchase Personal accident insurance at BTA Customer portal as well as of 26 September. Such a service on the Latvian insurance market will appear for the first time, it will allow any customer to arrange the insurance cover for the policy remotely.

Regardless of the dynamic pace of our everyday life, we should keep in mind the safety issue, as well as the probable consequences of unpleasant situations. Since January of this year, BTA has received 3300 Personal accident insurance claims to compensate for expenses following a variety of daily accidents. Indemnities paid for Personal accidents in eight months of 2018 have reached nearly 500,000 euros, which represents a 10% year-on-year growth. The size of the average paid indemnity this year has been 150 euros. To compare, the price or the insurance premium for Personal accident insurance policy is slightly over 20 euros.

According to BTA data, most often they are injuries sustained in our daily life, like bruises and sprains, although sometimes one cannot avoid severer accidents, such as cuts and various fractures. During the warmest months of a year, the major part of injuries are sustained outdoors during leisure time, similar it is in winter months with people involved in sports activities, not unfrequently they are heading from skiing trails straight to surgeon’s with broken bones, sprained ankles and various bruises.

As BTA data summary indicates, the injury risk still is higher with children, who tends to forget about safety while playing. As the school time begins, schoolchildren most often get brain concussions, broken fingers or sprained ankles. Quite often accidents happen right at school and during sport classes, while playing with or bumping into other children, as well as performing various athletic exercises or exercises with balls. A large part of injuries in winter is sustained while enjoying snow and ice – skiing, skating or snowball fighting.

“We often receive insurance claims for a variety of injuries, occurring to children and adults alike. To begin with slipping on a plastic bag, and down to open wounds and broken bones. As we have observed such an increase in popularity the Personal accident insurance, we decided we should make the customer access to it as easy as possible, so that people could secure themselves against unpleasant accidents with ease and comfort. Following the international practise, in addition to the current risk covers, we have developed and added to choices the professional retraining risk, when Insurance indemnity is paid for mastering a new profession in an establishment of higher education, and provides a guarantee that, in case the person is unable to perform its job duties due to injury, the daily sustainment needs will be taken care also after the personal accident. Also, the Customer portal will offer additional advantages for purchasing Personal accident insurance policy to families,” says Ivo Danče, BTA Baltic Insurance Risks Underwriting Department Director.

BTA Personal accident insurance policy is the choice not only of private individuals, who are aware of the need to take care of the safety of their dear ones, but employers as well – in addition to Health insurance policies for their staff, employers furnish them with Personal accident insurance policies according to their professional peculiarities, covering risks such as Critical illnesses, household injuries, and even dog and cat bites. An essential aspect is that the policy can be tailored to individual needs, including the necessary risks in the cover. When obtaining a policy, one may also define its effective period and territory, as well as select any of the ready programmes available.

About BTA

BTA Baltic Insurance Company is one of the leading insurance companies in the Baltics, offering the broadest range of non-life insurance services in Latvia, Lithuania and Estonia. BTA employs more than 1,000 employees in the Baltics. The largest shareholder of BTA is Vienna Insurance Group AG with 200 years of experience in the insurance industry. More than 50 companies in 25 countries constitute the group, which employs 25,000 employees. Vienna Insurance Group AG is a clear leader in its core markets in Europe maintaining high rating of financial stability – Standard & Poor’s A+ (stable outlook), with a listing on the Vienna and the Prague Stock Exchange.

Additional information:
Elīna Rasmane
Marketing and Public Relations Department Director
BTA Baltic Insurance Company AAS
e-mail: elina.rasmane@bta.lv