Damage to third parties
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This type is regulated by the law "On compulsory civil liability insurance for owners of installations, the activity of which is associated with hazard of causing harm to third parties”
The objects, the activity of which is associated with a danger to cause damage to third parties, are those that are subject to declaration in accordance with the Law of the Republic of Kazakhstan "Industrial safety at hazardous production facilities". Subject to compulsory insurance is the civil liability of owners of installations in events of arisen obligation established by the civil legislation of the Republic of Kazakhstan to compensate for harm caused to the life, health and/or property of third parties by the hazardous production factor.
The insurance premium under the contract of compulsory insurance for owners of installations shall be specified by agreement of the parties in the range of 0.72 to 2.02 per cent of the insurance amount depending on the hazard level of the object, the activity of which is associated with hazard of causing damage to third parties.
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