Bank Of Baku

Pasha Life applies two new insurance types

Pasha Life applies two new insurance types
# 01 July 2011 09:13 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Pasha Life Copmany will start to apply “Annuity insurance” type in September, said the chairman of Board of Directors Niyaz Ismayilov.

According to him, the clients sign relevant insurance contract and pay a part of their income to the company as a deposit, until certain age limit: “The funds involved from clients are invested in relevant banks. Consequently, after contract ends, the collected funds including interest rates are paid to the clients for lump sum or annuity. Minimum age limit is 18 years, minimum term of contract – 3 years”.

He noted that, the company would apply “living insurance of the life” insurance type from next week.

Note that, Pasha Life Insurance was registered on November 24, 2010.
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED