08.05.2007, 13:26 2734

Nazarbayev signed law on improvement of obligatory insurance scheme

Astana. May 8. Kazakhstan Today - The President of Kazakhstan Nursultan Nazarbayev signed the law On amendments and additions to some legislative acts of Kazakhstan on obligatory types of insurance aiming at improving the level of insurance coverage of the population and promoting the obligatory insurance scheme, the president's press service informed.

As it was informed earlier, the introduced changes reconsider the size of payments of insurance premiums by obligatory types of insurance by implementing some criteria. The introduced norm obliges the insurers to be included into the database of the compulsory insurance. The main purpose of creation of database is prevention and notification of the facts of fraud in the sphere of compulsory insurance.

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