Article 19-1. Features of dispute settlement on compulsory insurance of civil liability of private notaries of the Law on Compulsory Insurance of Civil Liability of Private Notaries

Home / Laws / Article 19-1. Features of dispute settlement on compulsory insurance of civil liability of private notaries of the Law on Compulsory Insurance of Civil Liability of Private Notaries

1. The settlement of a dispute arising from a compulsory liability insurance contract for private notaries between policyholders (beneficiaries) and the insurer is carried out taking into account the specifics provided for in Chapter 2-5 of the Law of the Republic of Kazakhstan "On State Regulation, Control and Supervision of the Financial Market and Financial Organizations."

2. Upon receipt of an application from the policyholder (beneficiary), the Insurer shall consider and submit a written response indicating the further procedure for resolving the dispute within the time limits established by Article 11-2 of the Law of the Republic of Kazakhstan "On Insurance Activities".

3. If the policyholder (beneficiary) applies to the financial Ombudsman, the insurer is obliged, at the request of the policyholder (beneficiary) and (or) the financial Ombudsman, to submit documents related to the consideration and resolution of the dispute within three working days from the date of receipt of the request.

The Law of the Republic of Kazakhstan dated June 11, 2003 No. 435.

This Law regulates public relations arising in connection with compulsory insurance of civil liability of private notaries, and establishes the legal, economic and organizational basis for its implementation.

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