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LAW OF THE KYRGYZ REPUBLIC

of July 31, 2015 No. 209

About compulsory insurance of premises from the fire and natural disasters

(as amended on 06-02-2022)

Accepted by Jogorku Kenesh of the Kyrgyz Republic on June 29, 2015

Chapter 1. General provisions

Article 1. Coverage of this Law

This Law determines legal, economic and organizational basis of compulsory insurance of premises from the fire and natural disasters (further - compulsory insurance).

Article 2. Purpose of compulsory insurance

The purpose of this Law is creation of economic conditions for compensation of the losses connected with damage or destruction of premises as a result of the fire and natural disasters.

Article 3. The legislation of the Kyrgyz Republic in the field of compulsory insurance

The legislation of the Kyrgyz Republic in the field of compulsory insurance consists of the Constitution of the Kyrgyz Republic, the Civil code, this Law and other regulatory legal acts of the Kyrgyz Republic, and also come in the procedure established by the law into force of international treaties which participant is the Kyrgyz Republic.

Article 4. Basic concepts

For the purposes of this Law the following basic concepts are used:

1) the beneficiary - person who is the owner of premises or the heir of the owner or the legal successor;

2) Ceased to be valid according to the Law of the Kyrgyz Republic of 30.06.2021 No. 82

3) Ceased to be valid according to the Law of the Kyrgyz Republic of 30.06.2021 No. 82;

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