Baku, Fineko/abc.az. One of the three life insurance companies operating in Azerbaijan, Ateshgah Heyat (part of insurance group Ateshgah), has paid another big compensation on compulsory insurance against accidents at work.

The Company informs that the supply manager of a Baku poultry factory was killed in a road traffic accident.

"The lump-sum compensation totaled AZN 17,069 in accord the contract of insurance. The money were paid to beneficiaries - the wife and children of the deceased," the Company’s statement says.

To date, Ateshgah Heyat has received more than three dozens of complaints of insurance claims on compulsory insurance against accidents at work.

Application of Azerbaijan’s Law on Compulsory Insurance against Disability Resulting from Occupational Diseases & Accidents at Work began in December 2010.

Ateshgah Heyat provides services on such types of life insurance as term life insurance, accumulative life insurance, credit life insurance, critical illness insurance and compulsory insurance on the life and disability resulting from occupational diseases and industrial accidents.

Ateshgah Insurance Company was established in late 1996. Insurance group Atəşgah consists of insurance companies Ateshgah and Ateshgah Heyat. Last year Ateshgah Insurance Group leads in the rankings of insurance companies of Azerbaijan. For 2011 Group’s insurance premiums exceeded AZN 28 million and paid compensations for AZN 6.4 million. Ateshgah provides clients with insurance services on more than 20 types of insurance.

02.07.2012 13:11