A Joint Stock Insurance Company Increased Operations on Insurance of Property

Business Materials 22 February 2007 16:12 (UTC +04:00)

Azerbaijan , Baku / Trend , corr . U. Ismayilova / A joint insurance company, "Basak-Inam" has increased operations on insurance of property, which is a subject of mortgage crediting.

Samir Mammadov, the Chief Expert of the Company, said today that "Basak-Inam" has insured 47 risks on property and 45 on life and disability kinds of insurance.

Interest rates on insurance of property varied between 0,2% and 0,5%, and between 0,31% and 1,95% on life and disability kinds of insurance.

The insurance has conducted for clients of Turan Bank, Texnikabank, Bank of Baku, Bank Respublika, "Azerbaycan Kredit Banki".