Article 14. Termination of the contract of compulsory insurance of liability of owners of vehicles of the Law On Compulsory insurance of Civil liability of Owners of Vehicles

Home / RLA / Article 14. Termination of the contract of compulsory insurance of liability of owners of vehicles of the Law On Compulsory insurance of Civil liability of Owners of Vehicles

1. The contract of compulsory liability insurance of vehicle owners is considered terminated in the following cases::

1) expiration of the contract;

2) early termination of the contract;

3) excluded by the Law of the Republic of Kazakhstan dated 07/02/2018 No. 166-VI (effective ten calendar days after the date of its first official publication).

2. The contract of compulsory liability insurance of vehicle owners does not terminate upon insurance payment.

When making an insurance payment, the insurer informs the organization responsible for creating and maintaining the database within one business day.

The Law of the Republic of Kazakhstan dated July 1, 2003 No. 446.

This Law regulates relations arising in the field of compulsory insurance of civil liability of vehicle owners, and establishes the legal, financial and organizational basis for its implementation.

President

Republic of Kazakhstan

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