RESOLUTION OF THE CABINET OF MINISTERS OF THE KYRGYZ REPUBLIC

of March 4, 2022 No. 107

About approval of the minimum sizes of insurance sums, limits of responsibility and rates of insurance premiums on compulsory insurance of civil responsibility of owners of vehicles

According to article 21 of the Law of the Kyrgyz Republic "About compulsory insurance of civil responsibility of owners of vehicles", articles 13, of the 17th constitutional Law of the Kyrgyz Republic "About the Cabinet of Ministers of the Kyrgyz Republic" the Cabinet of Ministers of the Kyrgyz Republic decides:

1. Approve:

1) sizes of insurance sum and limit of the agreement responsibility of compulsory insurance of civil responsibility of owners of vehicles:

- for damnification of life or to health of each victim and entailed:

the death of the victim - in the amount of 300000 (three hundred thousand) som;

disability establishment to the victim:

The I groups - in the amount of 200000 (two hundred thousand) som;

The II groups - in the amount of 150000 (hundred fifty thousand) som;

III groups - in the amount of 100000 (hundred thousand) som;

categories "handicapped child" - in the amount of 200000 (two hundred thousand) som;

mutilation, injury or other damage of health without disability establishment - in the amount of actual expenses on out-patient and (or) hospitalization, but no more than 100000 (hundred thousand) som;

- for property tort of the victims - in the amount of damage suffered, but no more than 150000 (hundred fifty thousand) som to each victim and no more than 450000 (four hundred fifty thousand) som all victim;

2) the size of basic insurance premium under agreements of compulsory insurance of civil responsibility of owners of vehicles in the amount of 1680 (one thousand six hundred eighty) som;

3) coefficients of insurance rates for calculation of insurance premium for agreements of compulsory insurance of civil responsibility of owners of vehicles according to appendix.

2. Determine that the size of insurance premium under agreements of compulsory insurance of civil responsibility of owners of vehicles is calculated insurers as the work of basic insurance premium and coefficients of the insurance rates approved by this resolution.

3. This resolution becomes effective after fifteen days from the date of official publication.

Appendix

Coefficients of insurance rates for calculation of insurance premium for agreements of compulsory insurance of civil responsibility of owners of vehicles

1. For calculation of the size of insurance premium for agreements of compulsory insurance of civil responsibility of owners of vehicles the following coefficients of insurance rates are used:

1) coefficient depending on vehicle type:

Note.

In case of determination of engine capacity of the vehicle these registration certificates of the vehicle are used;

2) coefficient depending on age and years of service of driving of the driver allowed to control of the vehicle:

Note.

If in the insurance policy more than one person, allowed to control of the vehicle are specified, to calculation of insurance premium the maximum coefficient determined concerning persons allowed to vehicle control is accepted.

In case of determination of years of service of driving the rights of control of the vehicle of the corresponding category granted the car driver license about the date of receipt are used.

In case of the conclusion of the agreement of the compulsory insurance which is not providing restriction of number of persons allowed to control of the vehicle or contracts of compulsory insurance with the legal entity value of coefficient is established in the amount of 1,6.

3) coefficient depending on availability or lack of insurance indemnities in case of approach of the insured events which occurred during operation of the previous agreements of compulsory insurance (further - coefficient "bonus-malus"):

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