The object of insurance in this case will be the property interests of business that are not inconsistent with the legislation of the Republic of Uzbekistan, envisaged in the loan agreement, and violated as a result of borrower’s failure to fulfill its obligations to the policyholder in the repaying loan amount within the terms and amounts provided in the loan agreement.

 

risks

The insured event is the occurred case which caused the damage to the beneficiary as a result of the borrower's inability to fulfill the obligations for repayment (repayment) of the loan in accordance with the terms and terms of the loan agreement after the waiting period provided by the contract, in connection with which the insurer's duty to pay insurance compensation to the beneficiary. 

 

The insurance amount (liability) 

By the agreement of parties

 

Insurance tariff 

Starting from 1% to 3% of the insured amount depending on the degree of risk

 

Terms of Payment of Insurance premiums: 

Lump-sum

Quarterly

 

The current proposal is considered as preliminary and the conditions set forth in it are subject to change