Mandatory natural catastrophes insurance under way

Tweet

On July 6, 2003 he Algerian government examined a preliminary draft concerning a mandatory insurance against the effects of natural disasters. The draft includes:

  • A mandatory insurance in industrial, commercial and craft facilities for any person or entity carrying on an industrial and/or commercial activity.
  • The non-payment of public compensation for people who do not subscribe to an insurance.
  • A payment of a fine for non-respect of the regulation.
  • An insurance contract to legalize real estate cessions and rent agreements.
0
Your rating: None
Mon, 13/05/2013 - 09:38
© 2024 Groupe Atlas
Advertising Program          Terms of Service          Copyright          Useful links          Social networks          Credits