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CAR INSURANCE AT SERVICE OF NARROW INTERESTS - ARMENIAN MP
Tert.am
04.10.11
The Heritage party believes that the compulsory car insurance system
is serving the interests of certain government and business circles.
Speaking in Parliament, Armen Martirosyan, a Heritage parliamentary
group member, cited certain official data related to the car insurance
system. In this context, he noted that huge funds were deposited
in banks and yielded interests amounting to millions. According to
Martirosyan, originally, the aim was to ensure superprofit for the
former and incumbent authorities and economic entities.
"The introducers of the system claimed they were caring about people's
health. But indemnities for health damage constituted 3.4% of all
indemnities, and 0.4% in the case of deaths," he said.
Owners of private cars actually pay for incumbent and former officials
owning taxi services and fixed route taxies. According to Martirosyan,
the government should reduce insurance payment rates for private
car owners.
Parliament Speaker Hovik Abrahamyan said that Gagik Minasyan, a
Republican Party of Armenia (RPA) group member, submitted a bill
supposed to settle the issue.
Tert.am
04.10.11
The Heritage party believes that the compulsory car insurance system
is serving the interests of certain government and business circles.
Speaking in Parliament, Armen Martirosyan, a Heritage parliamentary
group member, cited certain official data related to the car insurance
system. In this context, he noted that huge funds were deposited
in banks and yielded interests amounting to millions. According to
Martirosyan, originally, the aim was to ensure superprofit for the
former and incumbent authorities and economic entities.
"The introducers of the system claimed they were caring about people's
health. But indemnities for health damage constituted 3.4% of all
indemnities, and 0.4% in the case of deaths," he said.
Owners of private cars actually pay for incumbent and former officials
owning taxi services and fixed route taxies. According to Martirosyan,
the government should reduce insurance payment rates for private
car owners.
Parliament Speaker Hovik Abrahamyan said that Gagik Minasyan, a
Republican Party of Armenia (RPA) group member, submitted a bill
supposed to settle the issue.