ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of September 7, 2005 No. 554

About limits of insurance rates on liability insurance of specialized depositary and managing companies, their structure and rules of application by insurers in case of determination of the size of insurance premium according to the insurance contract of responsibility

According to article 31 of the Federal law "About Accumulative and Mortgage System of Housing Providing the Military Personnel" Government of the Russian Federation decides:

1. Determine that the limit of insurance rate on liability insurance of specialized depositary before authorized federal body and managing companies for agreement breach about rendering services of specialized depositary and responsibility of managing companies to authorized federal body for agreement breach of trust management of accumulatings for housing providing the military personnel (further - insurance rate) for insurance term 1 year makes 0,5 of percent of insurance sum.

2. Approve the following coefficients of insurance rates depending on insurance term:

1 month - 0,2;

2 months - 0,3;

3 months - 0,4;

4 months - 0,5;

5 months - 0,6;

6 months - 0,7;

7 months - 0,75;

8 months - 0,8;

9 months - 0,85;

10 months - 0,9;

11 months - 0,95.

3. Establish the following structure of insurance rates:

80 percent - net premium (the part of insurance premium according to the insurance contract of responsibility (further - insurance premium) from unit of insurance sum intended for payments for obligations assumed by the insurance company or foreign insurance company having the right according to the Law of the Russian Federation "About the organization of insurance case in the Russian Federation" to perform insurance activity in the territory of the Russian Federation);

20 percent - loading (the part of insurance premium from unit of insurance sum intended on financing of expenses on carrying out the corresponding type of insurance).

4. Determine that:

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