Motor third-party liability insurance
Compulsory motor third-party liability insurance CTPL is carried out on the basis of the Law of the Republic of Kazakhstan.
Limits of compensation on this insurance event (sum insured) are legislatively determined within the following values (in monthly estimated index):
1) for harm caused to life or health of each victim and caused:
loss – 1000;
disability:
I group – 800;
II group – 600;
III group – 500;
‘disabled child’ – 500;
Mutilation, trauma and other injury without establishment disability – in amount of actual expenses on outpatient and (or) impatient treatment but not more than 300. At that, the amount of insurance indemnity for each day of inpatient treatment should make not less than 2 monthly estimated indexes;
2) for harm caused to property of one victim – in amount of caused harm but not more than 600;
3) for harm caused to property of two and more victims at the same time - in amount of caused harm but not more than 600 to each victim. At that, the total amount of insurance indemnities to all victims should not exceed 2 000.
In case the harm exceeding the insurer’s liability limit, the insurance indemnity to each victim will be executed in proportion to harm caused to his property.
Insurance premium is determined by multiplying the basic insurance premium (1.9 monthly estimated index) on coefficients depending on type, place of registration and operation life of vehicle as well as on coefficients depending on age and driving experience of Insured/Assured and on coefficient of Bonus-Malus system which depends on insurance events within the last 12 months.
Owners of vehicles - members of Great World War II and persons equated to them, disabled persons of I and II groups, pensioners with conclusion of standard agreement pay insurance premiums in amount of 50% from insurance premium payable.
If the vehicle is run by other owners not belong to the category of persons stipulated above, an agreement is concluded without providing such a privilege.
In case the limits on compulsory insurance are not sufficient to you, we may conclude voluntary motor third-party liability insurance Agreement with greater limits of liability.
COPIES OF DOCUMENTS you need to attach to Application form:
1) Certificate of state registration of legal entity;
2) Tax-payer ID or BIN;
3) Statistic card;
4) Certificate of state registration of vehicle (technical passport) or certificate of temporary registration of vehicle.
5) In case the physical person is indicated in policy as Assured – copies of documents for physical person registration.
