INGO ARMENIA INSURANCE STARTED SALE OF CMTPL POLICIES
RIA Oreanda
Nov 2 2010
Russia
Moscow. OREANDA-NEWS . November 2, 2010. INGO Armenia , Ingosstrakhs
affiliate since October 18, 2010, started the CMTPL policies sale.
During the first day of sale 148 motor third-party liability insurance
contracts were entered into. As of today, 1,000 policies have already
been issued.
Let us remind that this year CMTPL has been introduced in Armenia .
All vehicle owners will have to sign the relevant contracts before
December 31, 2010. Eight Eight insurance companies with a relevant
license already started the sale of policies. Amounts of insurance
payments were finalized between 19,000 and 110,000 drams (roughly
from US //$52 to US//$305 ).
Population of the republic positively reacted to the CMTPL
introduction which is evidenced in particular by the INGO Armenia
insurants activity. We highly appreciate the level of consciousness
and insurance culture of our clients and believe that its an example
to be followed”, the companys Executive Director Levon Altunyan said.
INGO Armenia insurance joint-stock company has created all the
conditions for the simplification and facilitating of the insurance
process, in particular there is a hot line so that the citizens could
receive information on any insurance issues of interest. The company
has also established more sale outlets by increasing the same to 250
all over Armenia .
From: A. Papazian
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