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Outstanding free life insurance for Hungary’s Citigold customers

May 25, 2011

Citibank is rewarding its Citigold customers with free accidental life insurance, which both new and existing customers are receiving automatically. Citigold customers are now covered for the amount equal to their previous month’s total relationship balance with Citibank, at a minimum of HUF150,000 up to HUF15 million in case of accidental death according to the contractual terms and conditions. Citibank’s partner in offering this insurance is Aegon Hungary Insurance Company.

Batara Sianturi, Citi Country Officer for Hungary said, “Our strategy is to continue to expand our Citigold and Citigold Select proposition to our affluent customers with world-class products and services. We are pleased to offer this outstanding free life insurance reflecting our full scope customer care approach.”

Jon Wiggins, Consumer Business Manager for Hungary added, “Our new free insurance coverage is a value added complement to our wide range of local and international savings and investment opportunities. And our Citigold proposition is not only about financial services but we are also addressing our customers’ lifestyle needs through our renewed Citigold Club and Culinaria program offering them special benefits for using our unique services.”

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