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Union insurance offers new package

Insurer Union Insurance Rt started selling a new "third-generation" life insurance package, which combines short- to long-term savings with various risk elements, from the start of September, Union Insurance CEO Miklós Zsoldos said yesterday. The new products come in the wake of the life insurance boom of the early nineties, and the rise of unit-linked products which followed. They are expected to encourage more Hungarians to put their savings in life insurance. (Econews; NG 4)