Insurance is effected in accordance with the Law of the Republic of Kazakhstan dated July 7, 2004 № 580-II “On mandatory insurance of third party liability of owners of facilities whose operations are fraught with risk of causing damage to third parties”.
The object is property interest of the owner of a facility, whose operations are fraught with the risk of causing damage to third parties, associated with its obligation under the civil legislation of the Republic of Kazakhstan to compensate for damage caused to life, health and (or) property of third parties by hazardous production factor.
An insured event under mandatory insurance of third party liability of facility owners is the fact of occurrence of civil liability of the policyholder (the insured) to compensate for damage caused to life, health and (or) property of a third party by hazardous production factor.
Sum Insured (MCI):
|
600 000 |
where the maximum possible number of victims as a result of harmful effects of hazardous production factors exceeds four thousand people; |
|
350 000 |
where the maximum possible number of victims as a result of harmful effects of hazardous production factors is more than two thousand people, but does not exceed four thousand people; |
|
225 000 |
where the maximum possible number of victims as a result of harmful effects of hazardous production factors is more than a thousand people, but does not exceed two thousand people; |
|
115 000 |
where the maximum possible number of victims as a result of harmful effects of hazardous production factors is more than seven hundred and fifty people, but does not exceed fifteen hundred people; |
|
50 000 |
where the maximum possible number of victims as a result of harmful effects of hazardous production factors is more than three hundred people, but does not exceed seven hundred and fifty people; |
|
30 000 |
where the maximum possible number of victims as a result of the harmful effects of hazardous production factors is more than one hundred and fifty people, but does not exceed three hundred people; |
|
12 000 |
where the maximum possible number of victims as a result of harmful effects of hazardous production factors is more than seventy-five people, but does not exceed one hundred and fifty people; |
|
5 000 |
where the maximum possible number of victims as a result of harmful effects of hazardous production factors is more than ten people, but does not exceed seventy-five people; |
|
1 000 |
for other declared hazardous industries, where the maximum possible number of victims as a result of harmful effects of hazardous production factors is under ten people. |
Insurance compensation for damage caused to life and health of every third person shall be as follows:
1) in the event of death - 1 000 MCI;
2) in the event of disability diagnosis:
Group I - 800 MCI;
Group II - 600 MCI;
Group III - 500 MCI;
disabled child - 500 MCI;
3) in the event of dismemberment, personal injury or other damage to health without disability diagnosis - in the amount of actual expenses for outpatient and (or) inpatient treatment, but not more than 300 MCI. The amount of insurance compensation for each day of hospital treatment must be at least 2 monthly calculation indices.
The extent of harm caused in the damage to property shall be determined on the basis of calculation its restoration cost taking into account depreciation of property that occurred before the insured event.
There was an accident and you have encountered a problem? Don’t you worry if you have an insurance policy with Eurasia IC JSC. We sympathize with you and are ready to give you our assistance and support.
