Mandatory civil liability insurance of dangerous cargo carrier

Since February 12, 2009 the Law of the Kyrgyz Republic No. 188 as of 04.08.2008 “On mandatory civil liability insurance of dangerous cargo carrier” entered into force.

Who must conclude an agreement of mandatory insurance?

Agreement on mandatory insurance shall be concluded by individual persons and / or legal entities, carrying out transportation of dangerous cargo and using a transport vehicle therefor.

Insurance agreement is concluded separately for every cargo transport vehicle..

The compulsory insurance contract must enter into physical and/or legal persons-owners of dangerous production object of the right of ownership, right of economic management or operational management or on any other legal basis and operating: With the conduct of mountain works, works on enrichment of minerals, and also works in underground conditions; Obtaining melts of ferrous, non-ferrous metals, rocks and alloys based on these melts; Using the equipment operating under pressure over 0.07 MPa or water heating temperature of 115 degrees Celsius and above; Used permanently installed and mobile lifting mechanisms, escalators, cableways, funiculars; With the acquisition, formation, processing, use, storage, transportation, destruction, sale of flammable, combustible, oxidizing, explosive, toxic and radioactive substances (the order of assignment to the hazardous production facilities that use specified hazardous substances, established by the Government of the Kyrgyz Republic). With the conduct of waste disposal mining and smelting production that contain substances dangerous for human life and the environment. The insurance contract is concluded separately for each hazardous industrial facility. Insurance amount (limit of liability) under the insurance contract depends on the type of hazardous production facilities and may not be less than specified minimum insurance amounts according to the table below. In the case of territorial location of the hazardous production facility near populated areas, protected natural areas, rivers, lakes, farmland, to the base fee is 1.5 ratio with the exception of facilities which are used permanently installed and mobile lifting mechanisms, escalators, cableways, funiculars. The insurance contract is concluded in written form by issuing an insurance policy for a period not exceeding twelve months.