Insurance payments

Largest insurance payments for last years

82 030 AZN “Gala Life” Insurance Company OJSC made its largest insurance payment on “Compulsory insurance in case of professional disabilities as a result of industrial accidents and professional diseases”. Based on the information obtained from Insurance Company, AZN 82 030 was paid to an employee who got permanent disability as a result of industrial accident occurred in one of companies functioning within the country. The Law on Compulsory insurance in case of professional disabilities as a result of industrial accidents and professional diseases“has been exercised in the country since December, 2010. “Qala Life” Insurance Company OJSC has been operating as a life insurance company since November, 2010 and providing services on above mentioned insurance field in accordance with the permission by State Insurance Supervision Service of the Ministry of Finance of Azerbaijan Republic
60 429 AZN “Gala Life” Insurance Company OJSC made its next large insurance payment on “Compulsory insurance in case of professional disabilities as a result of industrial accidents and professional diseases”. Based on the information obtained from Insurance Company, AZN 60 429 was paid to an employee who was subject to total permanent disability as a result of industrial accident occurred in one of companies functioning within the country. The Law on Compulsory insurance in case of professional disabilities as a result of industrial accidents and professional diseases“has been exercised in the country since December, 2010. “Qala Life” Insurance Company OJSC has been operating as a life insurance company since November, 2010 and providing services on above mentioned insurance field in accordance with the permission by State Insurance Supervision Service of the Ministry of Finance of Azerbaijan Republic
6 321 AZN “Qala Life” Insurance Company OJSC made large insurance payment on “Compulsory insurance in case of professional disabilities as a result of industrial accidents and professional diseases”. Based on the data obtained from Insurance Company, AZN 6 321 was paid to the beneficiaries of the person who died as a result of industrial accident happened in one of the companies functioning in the country. The Law on Compulsory insurance in case of professional disabilities as a result of industrial accidents and professional diseases“ has been exercised in the country since December, 2010. “Qala Life” Insurance Company OJSC has been operating as a life insurance company since November, 2010 and providing services on above mentioned insurance field in accordance with the permission by State Insurance Supervision Service of the Ministry of Finance of Azerbaijan Republic
51 683 AZN “Qala Life” Insurance Company OJSC made large insurance payment on “Compulsory insurance in case of professional disabilities as a result of industrial accidents and professional diseases”. Based on the data obtained from Insurance Company, AZN 51 683 was paid to the beneficiaries of the person who died as a result of industrial accident happened in one of the companies functioning in the country. The Law on Compulsory insurance in case of professional disabilities as a result of industrial accidents and professional diseases“has been exercised in the country since December, 2010. “Qala Life” Insurance Company OJSC has been operating as a life insurance company since November, 2010 and providing services on above mentioned insurance field in accordance with the permission by State Insurance Supervision Service of the Ministry of Finance of Azerbaijan Republic
28 855 AZN “Qala Life” Insurance Company OJSC made large insurance payment on “Compulsory insurance in case of professional disabilities as a result of industrial accidents and professional diseases”. Based on the data obtained from Insurance Company, AZN 28 855 was paid to the employee who was disabled as a result of industrial accident happened in one of the construction companies functioning in the country. The Law on Compulsory insurance in case of professional disabilities as a result of industrial accidents and professional diseases“ has been exercised in the country since December, 2010. “Qala Life” Insurance Company OJSC has been operating as a life insurance company since November, 2010. Main shareholder of “Qala Life” Insurance Company OJSC is AzRe Re-insurance JSC.
21 911 AZN “Qala Life” Insurance Company OJSC made large insurance payment on “Compulsory insurance in case of professional disabilities as a result of industrial accidents and professional diseases”. Based on the data obtained from Insurance Company, AZN 21911 was paid to the beneficiary of the person who died in industrial accident happened in one of the companies functioning in the country. The Law on Compulsory insurance in case of professional disabilities as a result of industrial accidents and professional diseases“has been exercised in the country since December, 2010. “Qala Life” Insurance Company OJSC has been operating as a life insurance company since November, 2010 and providing services on above mentioned insurance field in accordance with the permission by State Insurance Supervision Service of the Ministry of Finance of Azerbaijan Republic
12 484 AZN “Qala Life” Insurance Company OJSC made its large insurance payment on “Compulsory insurance in case of professional disabilities as a result of industrial accidents and professional diseases”. An employee died as a result of industrial accident in the construction company which was insured in “Qala Life” Insurance Company OJSC Amount of insurance payment (lump sum) was AZN12 484. This amount was paid to the persons under defunct’s custody. “Qala Life” Insurance Company OJSC has been operating since November, 2010. The Law on Compulsory insurance in case of professional disabilities as a result of industrial accidents and professional diseases“ has been exercised in the country since December, 2010. “Qala Life” Insurance Company OJSC has been operating as a life insurance company since November, 2010. Main shareholder of “Qala Life” Insurance Company OJSC is AzRe Re-insurance JSC.

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