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Govm't approves concept of binding automobile liability insurance

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  • Govm't approves concept of binding automobile liability insurance

    ARKA News Agency, Armenia
    Dec 28 2007


    Armenian government approves concept of binding automobile liability
    insurance


    YEREVAN, December 28. /ARKA/. Armenian government approved Thursday
    concept of binding automobile liability insurance in cases of
    damaging the third entities during transportation vehicles
    exploitation.

    Governmental press office says the government approved schedule for
    measures on this concept.
    It was said at the Thursday's session that the concept had been
    worked out with taking into account the best world experience.

    The concept lays necessary groundwork for creating a new mechanism of
    compensation of damage inflicted during car exploitation. -0---
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