Those of us from the westerly part of the universe are generally used to insuring most anything. From life to car to tied grabbing flood indemnity, there is nothing out of the ordinary about it. In Armenia, new insurance companies have begun to appear, with more diverse packages to meet local and repat needs.

Insurance Companies in Armenia

There are a handful of policy companies in Armenia at the moment. The full number includes :
– Rosgosstrakh Armenia
– Armenia Insurance
– INGO Armenia
– SIL Insurance
– Nairi Insurance
– RESO
– ISG Insurance
– armenian Motor Insurers Bureau
– export Insurance Agency of Armenia
– Yerkir Insurance

There are besides companies working with larger insurance organizations, such as AvantGuard Risk Solutions, providing a all-around policy service. Others such as Prime Insurance Brokers LLC or Resolution LLC crack risk assessment and insurance ship’s company matching services, taking manage of the coordination and collaboration between insured and insurance company. Pacific Prime besides provides health insurance packages to non-Armenians travelling to the region .

Types of Insurance Available

Outside of personal indemnity, there are besides business-oriented indemnity policies that some of the companies cater to. overall, we can find :

Compulsory:

-Car indemnity ( Some companies have women-only insurance a well )

Voluntary:
-Health
-Personal Accident
-Support for Medical Expenses Abroad
-Estate/Property
-Tourism
-Accidental Mishap

Business:
-Cargo
-Land Transport
-Estate/Property
-Liability ( General and Professional )
-Employee Medical
-Employee Accident
-Development
-Support for Medical Expenses Abroad
-Pawn Shop Special Insurance
-Currency Exchange Special Insurance

Documents Needed to Acquire Insurance

The easiest is travel insurance. The companies providing it, peculiarly Ingo Armenia, require your passport information and dates of travel. The unharmed march should take about 5 minutes. There is cancellation indemnity angstrom well, alongside the health coverage while outside of Armenia.

indemnity besides exists by some companies for visitors to Armenia. This covers emergency aesculapian needs while in the area, extending to Artsakh borders. You will need a recommendation copy and earphone number.

Car indemnity is required by law, taken for no less than 3 months, and covers both personal and material damages. The insurance premium takes into report type of car, horsepower, purpose of its practice, driver long time and experience, indemnity history, and anything else the insurance company deems necessary. kin members and cohabiters of the guarantee are covered under the insurance for the most depart, while the area covered extends to Georgia, Iran and the CIS countries. Your premium drops with each year of true, accident-free drive. You will need to present pass and social circuit board, registration document of the vehicle/customs declaration/purchase contract, and/or ability of lawyer and his recommendation, if an authorize person will be signing the contract for you. You might besides need a address from the bank where total of credit is noted if the vehicle was bought therefore, vitamin a well as pass and driver licenses of all authorize drivers.

For property indemnity, you will need recommendation of owner, ownership certificate, Document from the depository financial institution if there is a mortgage on the house, and an evaluation dissemble if you have re-evaluated the property.

Family fiscal stability insurance is besides available by some companies, covering the syndicate should the breadwinner die or become disable due to an accident, myocardial misdemeanor, cerebral stroke, or cancer. policy is available for those under 51 years of age who provide income to their families, have a mortgage, and/or have children to care for.

Health policy on an individual basis is not available by all companies, and where it is, the coverage is limited. Repat Armenia has brokered health indemnity on a group condition to ensure better coverage for a lower price. You will need your recommendation. Contact Repat Armenia to be added to the policy list .

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