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INGO Armenia Insurance Started Sale Of CMTPL Policies

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  • INGO Armenia Insurance Started Sale Of CMTPL Policies

    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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