Rules for Voluntary Insurance of Civil Liability of Carriers in the International Carriage of Goods

The Open Joint-Stock Company “Kepilli Ätiýaçlandyryş” (the Insurer) concludes an agreement on voluntary insurance of civil liability of carriers engaged in international transportation (insurance contract) with legal entities and individuals of Turkmenistan, as well as with foreign legal entities, including their branches and representative offices registered or operating on the territory of Turkmenistan, and with foreign individuals and stateless persons (the Insured) located in Turkmenistan and carrying out international carriage of goods under the terms of the Customs Convention on the International Carriage of Goods under the TIR Carnet.

Insured – an adult capable natural person or legal entity that is a party to the insurance contract, pays the insurance premium, and has an insurable interest in the object of insurance.

The object of insurance is the property interests of the Insured related to his obligations to the customs authorities.