The benefit of the enterprise risk category

The insurance company Ateshgah Hayat as part of the insurance group Ateshgah has carried out a large payment on compulsory insurance against disability resulting from occupational diseases and accidents at work.

According to the management of the financial institution, an employee of one of the industrial enterprises in UK, Ateshgah Hayat, partly lost the function of his eye in an accident and became disabled of the third group. This lump sum payment on the case according to the signed agreement was 39.5 thsd manat and transferred to the victim.

Another payment was made into the death of an employee of the transport company as a result of the accident. Insurance payment amounted to 13 046 manats was transferred to the account of close relatives of the deceased.

Department of Transportation for some reason does not save on compulsory insurance of drivers and relates them to the employees of companies with a high risk category for a daily accidents involving public transport.

The company Ateshgah Hayat also provides life insurance services on such types as term life insurance, endowment life insurance, credit life insurance, critical illness insurance, and others.

Ateshgah Hayat was founded in March 1998. Until January 2009, the company operated under the name of Kavkaz Sigorta. In December 2010 it started the insurance business in the segment of life insurance.

The main share is owned by ISR Holding Ltd.

The authorized capital of the company amounts to 4 million manat. - 17D-