Compulsory Motor Third Party Liability Insurance

A compulsory motor third party liability insurance policy is a document that traffic police officers will, without fail, require you to show together with your driving license and technical passport.

Why do you need a compulsory motor third party liability insurance policy?

The policy guarantees indemnity for any material damage incurred by Third party due to the fault of Insured. 

The policy does not protect your car, but guarantees indemnity for any damage caused to any person through you fault.

Factors affecting the cost of a compulsory motor third party liability insurance policy:

• Registration territory;
• Useful life of car;
•  Driving experience;
• Your age and accidence history.

Term of Policy — 1 year.

How much shall the insurance company indemnify any injured party in an event insured?

• for any damage caused to one car — not more than seven hundred seventy seven thousand six hundred Kazakh Tenge (KZT 777,600) (600 times the MIR);
• for any damage caused to life or health of each injured party — not more than one million two hundred ninety six thousand Kazakh Tenge (KZT 1,296,000) (1000 times the MIR).

Note: if a compulsory motor third party liability insurance policy is purchased from London-Almaty Insurance Company, you will have an advantage of direct claim settlement. This means that in the event of any traffic accident you may receive the indemnity under your compulsory motor third party liability insurance policy from your Insurer, rather from the company of the party responsible for the traffic accident.

If you prefer, the liability limits may be increased by entering into a Voluntary Third Party Liability Insurance Agreement.