bs-preloader__icon
ru kz en

Сompulsory insurance of places of mass gathering come into use In Georgia. Amendments are adopted in the Act “On Civil Security”.

Сompulsory insurance of places of mass gathering come into use In Georgia. Amendments are adopted in the Act “On Civil Security”.

Compulsory insurance of "places of mass gathering" is coming into force in Georgia from March 1. The relevant Resolution was adopted by the Government of Georgia in December 28 last year. Compulsory insurance will be applicable to the owners of shopping centers, markets, fairs, hotels, holiday homes, as well as gasoline stations.

The resolution specifies the amount of insurance limit and insurance benefit for the damage caused to the life, health and property of citizens. The annual insurance limit for damage to the life and health for owners of shopping centers and gasoline stations will be GEL 300 thousand, and for hotel owners – GEL 600 thousand, as "Georgia Online" reports.

The new rules oblige all the owners of shopping centers to insure property, and it means that the amount of insurance will be reflected in contracts for premises renting, which they enter into with private business operators.

Source: https://www.ekhokavkaza.com/a/29070353.html

Source of photo: https://uhaiun.livejournal.com/631180.html

Share
read also
Pension capital: what is it and how to build and calculate it?
Pension capital: what is it and how to build and calculate it?

An independent expert of the insurance market Dulat Telpekbayev talks:...

Additional options for life insurance policies
Additional options for life insurance policies

Life insurance shows a high degree of responsibility to your family. For example, the...

Nomad Life continues to participate in the development of actuarial profession in Kazakhstan
Nomad Life continues to participate in the development of actuarial profession in Kazakhstan

For three years the Society of Actuaries of Kazakhstan and life insurance company Nom...

The most interesting materials of the site you have in the mail! Subscribe to the newsletter.

ASK A QUESTION TO THE EXPERT
ASK A QUESTION TO THE EXPERT
Submit your application