Policy on the other hand - 1BiTv.com

Policy on the other hand

Russia combines CTP and Casco.

Policy on the other hand

The Bank of Russia has developed minimum requirements for the conditions and procedure for voluntary car insurance. They allow not to conclude a separate motor hull agreement, but to enter information about it into the motor third party liability insurance contract. Thus, car owners can get by with one policy instead of two.
The idea of combining OSAGO and Casco has been discussed for several years. This spring, the discussion reached a new level after a State Duma deputy voiced a proposal to Prime Minister Dmitry Medvedev. The head of government instructed the Ministry of Finance, the Ministry of Economic Development, the Bank of Russia and the Ministry of Justice to think about how it can be implemented.
Compulsory motor third-party liability insurance compensates for damage to other road users, and comprehensive insurance covers third-party insurance: damage (including through the fault of the owner), theft or theft. In addition, as Deputy Finance Minister Aleksey Moiseev specified, CTP is a public contract, while a comprehensive insurance contract is a civil contract, so it is quite difficult to combine them into one contract. That is, the products are completely different.

It was assumed that the creation of a "hybrid" would require serious amendments to the law. However, later a simpler solution was found: to put CTP on one side, and hull on the other. Such a scheme allows dispensing with the adjustment of the law by resolving the issue at the level of regulatory acts of the Central Bank.
It is assumed that the term of insurance of a voluntary car insurance agreement will coincide with the term of the compulsory "auto citizen" policy. In the event of termination of the policy of compulsory motor third-party liability insurance, the motor hull policy will also terminate.

The Russian Union of Auto Insurers participated in consultations when deciding on the issue of combining motor third-party liability insurance and comprehensive insurance. "The method of solving this problem, chosen by the regulator, in our opinion, is potentially workable," said the executive director of the union.

Source: Russian newspaper

05.09.2019 10:58:15
(Automatic translation)

Ministry of Economic Development of the Russian Federation

Ministry of Economic Development of the Russian Federation - Ministry of Economic Development of the Russian Federation.

13.02.2020 10:34:45

New rights of passengers with hand luggage

The rights of passengers of the upper and lower shelves for the placement of hand luggage shall be equalized.
13.02.2020 10:29:47

China has seen a sharp increase in the number of people infected with coronavirus

Over the past 24 hours, the number of coronavirus infected COVID-19 has immediately increased seven times.
12.02.2020 13:43:24

Boeing did not receive new orders in January for the first time in 60 years

Most airline customers avoid placing new orders.
12.02.2020 13:36:03

Someone sleep, and we get married

Moscow registry offices now work at night.



Themes cloud

female regulations test will QR Code memorandum devaluation business citizenship 3G S-300 seller tax rating marriage food reward theft festival order arbitration court Sochi arson Kazakhstan Russia mushrooms provider elections logistics delivery emission fideicomass medicines cargo transportation judge intellectual property offer dog CCTV staff turnover money supply hotel succession dollar Belarus cat The Code of Justinian selling lawyer gas testosterone Rome juice content WTO slavery cession heir USA drink causa payment mark channel jackpot a restaurant security exchange inheritance FMCG poisoning cinema import ATM acceptance nullification Israel smuggling paint Contract coin conference moderation GLONASS crocodile integration note finance co-packing assassination attempt own straw tort bravery Germany freedom law customs Job doctor Syria live a bag counterfeit Viber adoption organization role CIS China shipping liquidation planning monometallism car bank timocracy ban extortion UN baby derivative study real estate premise pension monopolist fraud currency unit 4G pharmaceuticals Ukraine head justice bridge digitalization consultation cargo policy quasi-agreement bite report democracy coffee Paralympic Games Road accidents divorce aircraft Crimea Tax Free VAT Iran Gazpromneft Moscow song court monetary aggregate Olympic Games legate Greece Plato apple investigation beer revaluation air transportation transfer Bocharov Creek LTE economy gold marketing diabetes agent treaty law snake tyranny confiscation control child parturition undeclared goods philosophy dictionary IFRS a laptop credit the death penalty compromising evidence pledge rocket FIFA 2018 murder easement a toy architecture private banking conversion currency soccer shoes insulin accompanying a family investment football mortgage Colour lottery debt will action money Submarine theory recreation Taxi coffers product mail Kerch reform bill legislation Neurotechnology music denomination finger dismissal monetary system medicine Socrates ruble treachery alcohol mortgage internet transgender the tablet pact sanctions gold-coin standard oligarchy trademark bimetallism export money issue trade client



1BiTv.com   © 2011-2020    |    Privacy Policy    |   Created by Technologies for Business    |   en@1bitv.com