Bank Of Baku

Ateshgah Life insurance company carries out next large payment

Ateshgah Life insurance company carries out next large payment
# 01 November 2011 10:43 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Ateshgah Life insurance company realized payments on “Life insurance” and “Credit life insurance”.

In accordance with the “Life insurance” contract, AZN 9,445 was paid to the family of died insured person.

Besides, Ateshgah Life signed with the insured person “Credit life insurance” as well. Under this contract the Company carried out the payment in the amount of AZN 45,263 to pay off its debt to the bank.

Note that, under the contract, the program provides life insurance to an insurance payment in case of death of the insured during the term of the contract or its survival to the end of term insurance.

Note that, Ateshgah Life insurance company was established in 2009.
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