Bank Of Baku

Gala Life insures 7,500 employees on new compulsory insurance types

Gala Life insures 7,500 employees on new compulsory insurance types
# 11 July 2011 15:51 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Gala Life has insured 7,500 employees on “cases of the loss of working ability as the result of an industrial accident or occupational disease” type, said the company’s Supervisory Board member Vusal Abbasov.

According to him, near AZN 4 mln insurance premiums have been collected during January-June, 2011 and 90% of this came from this type.

Remind that, Gala Life has been in operation since 2008. The company operates 5 voluntary and 5 compulsory insurance types.
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