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Pasha Life Insurance start application of new insurance types

20 May 2011 13:10 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. Azerbaijanâ€™s Pasha Life Insurance has started the application of three new insurance service type, deputy chief of Board of Directors Niyaz Ismayilov told APA.

To him, the company has started to serve on â€œCritical illness insuranceâ€ and â€œCases of disability insuranceâ€ from May.

Besides, person insured on â€œCases of disability insuranceâ€, can not care about himself/herself in case of suffering damage at work or in other places, the company gives guarantee to that insured person.

Ismayilov says from June 15, the company will begin application of â€œLife insuranceâ€. This service considers payment of some interests calculated on insurance premium to the insured person in case when insurance contractâ€™s period is expired.

Remind that, at present, the company serves on 1 compulsory and 4 voluntary insurance types.

Note that, Pasha Life Insurance was registered on November 24, 2010.