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    Electric supply may become inaccessible to people without insurance coverage in Kyrgyz Republic

    Electric supply may become inaccessible to people without insurance coverage in Kyrgyz Republic

    Kyrgyz republic may change the policy of energy supply to its population, the country’s Ministry of Economy has reported. The draft of the corresponding resolution of the Cabinet of Ministers has been submitted for public discussion. In case the bill is approved, power outages may be applied to citizens who lack compulsory natural disaster insurance.

    In such a situation, the new landlord or tenant will have to ink an agreement with the insurance company, create a personal account and present their policy at the housing entrance. In case the documents are not executed on the appointed date, the company will inform the new owner in writing that it is necessary to issue it, warning of a possible interruption in the supply of electricity.

    Under the project, citizens will be able to receive timely compensation for damage in case of emergency and maintain financial viability, authors say. In addition, an innovative approach can advance the insurance culture of Kyrgyz citizens.

    Credits: Evgeny Korotovskih, Bishkek

    12.03.2023, 21:50   Comments (0)   1686
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