Civil Code will become clearer for townsfolk

The Fiftieth Civil Code section (governs the relationship between the subjects of insurance) will be accessible to mass.

As Turan said the head of Azerbaijan Insurers Association (AIA) Orkhan Bayramov , the organization had begun preparing a new edition of options in the interests of consumers. "There will be improved not only style, but a legal interpretation of the document. Moreover, the Code will be attached Memo for policyholders to get acquainted with difficult concepts," he added.

In the country's insurance market there are many cases when the insurer refuses to pay as a result of the insured event and unprovable non- insured citizen small legal nuances. Frequent conflicts have prompted the insurance community to work on a new edition of the Civil AR.

AIA was founded in December 2006. The main purpose of the Association is to ensure development of the insurance market of Azerbaijan, as well as a united front insurers when discussing the problems and prospects of local security. - 17D-

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