The main purpose of the CI MTOL insurance is compensation for damages caused to the owner of the other vehicle, life and health of third parties and passengers.
Operation of a motor vehicle without CI MTOL insurance policy is not allowed. Traffic police officers ask for a CI MTOL insurance policy when checking documents, and in its absence there is a fine of 20 MCI charged (Part 2, Article 230 of the Code of the Republic of Kazakhstan "On Administrative Offences" dated July 5, 2014).
Insured event is the fact of occurrence of civil liability of the policyholder for damage caused to life, health and (or) property of persons recognized as victims, as a result of operation of the vehicle specified in the insurance policy.
It should be borne in mind however that MCI changes every year; thus, the maximum amount of insurance compensation increases each year.
|Insurance policy for Compulsory Insurance of Motor Transport Owner’s Liability.||Term of the CO MTOL policy - 1 calendar year or until the first insured event.|
Age and driving experience of the driver;
Place of vehicle registration;
Time of operation of the vehicle;
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.