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4-Traders Homepage  >  Equities  >  Warsaw Stock Exchange  >  Orange Polska SA    TPSA   PLTLKPL00017

ORANGE POLSKA SA (TPSA)
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Telekomunikacja Polska SA : Insurance against job loss for Orange customers

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10/09/2013 | 11:37am CEST

Orange subscribers may now take advantage of insurance against loss of permanent source of income and temporary unfitness for work. The money received from the insurance may be used for any purpose. Orange is the first mobile carrier offering its customers such insurance.

In case of loss of permanent source of income or temporary unfitness for work, customers covered by the insurance will receive systematic payments which will enable them to maintain financial liquidity and settle liabilities. Customers may receive up to 6 such payments in the 12-month insurance period.

Insurance is available in two variants which vary in the amount of the chosen benefit and the sum insured. In the first one, the payments amount to PLN 1,000 monthly, in the second one - to PLN 1,500. Payments may not exceed PLN 12,000 or PLN 18,000, depending on the chosen option.

Protection begins immediately after taking out insurance since there is no waiting period, which usually lasts for several months. Monthly premiums of PLN 19 or PLN 24 are automatically added to the invoice for telecommunications services to ensure protection continuity.

Customers may use the received money for any purpose: e.g. rehabilitation, treatment, adapting the apartment to the new situation. They may also use them to compensate for financial consequences of temporary unfitness for work or loss of permanent source of income.

Insurance against loss of permanent source of income and temporary unfitness for work has been prepared in cooperation with TU Europa SA.

For details, please go to www.orange.pl or call us at (+48) 501 030 030.

***

Wojciech Jabczy

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Chart ORANGE POLSKA SA
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Technical analysis trends ORANGE POLSKA SA
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TrendsBearishBearishNeutral
Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 11
Average target price 5,85  PLN
Spread / Average Target 20%
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Maciej Mateusz Nowohonski Member-Management Board & Finance Director
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