Bank Of Baku

Number of organizations insuring staff from misadventures in Azerbaijan hits 21,000

Number of organizations insuring staff from misadventures in Azerbaijan hits 21,000
# 12 December 2011 14:26 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. The number of companies, insuring their staff on “Compulsory Insurance against Industrial Accidents & Occupational Diseases” has reached 21,000 in Azerbaijan, deputy chief of State Labour Inspectorate of the Ministry of Labour and Social Protection of Population Maharram Maharov told APA.

To him, after the application of law on “Compulsory Insurance against Industrial Accidents & Occupational Diseases”, State Labour Inspectorate has given compulsory tasks to about 4,000 institutions and organizations in connection with compulsory insurance, so far. No company has been fined as a result of the given tasks.

“Fine at amount of AZN 1500-2000 is considered on this type of insurance. I hope that this sum will be increased in future and it will increase the responsibility of institutions and organizations in insurance of staff”, added Maharov.
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