FEDERAL LAW OF THE RUSSIAN FEDERATION

of April 28, 2023 No. 164-FZ

About introduction of amendments to article 3 of the Law of the Russian Federation "About the organization of insurance case in the Russian Federation"

Accepted by the State Duma on April 19, 2023

Approved by the Federation Council on April 26, 2023

Article 1

Bring in Item 3 of article 3 of the Law of the Russian Federation of November 27, 1992 No. 4015-I "About the organization of insurance case in the Russian Federation" (Sheets of the Congress of People's Deputies of the Russian Federation and the Supreme Council of the Russian Federation, 1993, No. 2, Art. 56; Russian Federation Code, 1998, No. 1, Art. 4; 2003, No. 50, Art. 4858; 2013, No. 30, Art. 4067; 2014, No. 30, Art. 4224; 2015, No. 27, Art. 3946; 2016, No. 26, Art. 3891; 2018, No. 32, Art. 5113; 2021, No. 24, Art. 4210; No. 27, Art. 5171; 2023, No. 1, Art. 41) following changes:

To add 1) with the new paragraph the fifth and the paragraph the sixth the following content:

"In the agreement of personal insurance signed by the borrower for the purpose of ensuring execution of the agreement obligations of consumer loan (loan) including to the credit agreement (loan agreement) which is signed with physical person for the purpose of not connected with implementation of business activity by it, and obligations of the borrower on which are provided with mortgage, the insurer shall specify the size of share of the insurance premium intended for obligation fulfillment of the insurer on insurance payment.

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