It is difficult to protect against natural disasters, but their consequences can be reduced by insurance. One of the ways to protect the vehicle is insurance under the CASCO voluntary insurance contract (hereinafter - CASCO).

What is CASCO?

As many people think, CASCO is not an abbreviation. The word "CASCO" is of Spanish origin (casco - Spanish), which means "helmet" or "hull" when translated from Dutch. CASCO is a voluntary insurance that covers the damage to your car, and CPI AJMS (mandatory civil liability insurance of the driver) covers liability to third parties and is a mandatory type of insurance.

During floods and flooding, what does CASCO reimburse?

By purchasing CASCO insurance policies, the car owner not only protects himself from the insurance company, but also also insures against various unexpected situations that may damage the car. For example, be it a natural disaster, flood or heavy rain.

This type of voluntary car insurance provides protection against various losses or theft of the car in various unforeseen situations such as accidents, theft, fire and natural calamities. In such a case, the insurance company undertakes to compensate for the damage or repair the car in accordance with the contract.

Standard CASCO programs in Kazakhstan may not include protection against all types of natural disasters. To be sure of protection, you should choose an extended coverage contract that includes risks related to flooding.

Important: Before buying a CASCO policy, you should familiarize yourself with the list of risks and make sure that flood or inundation is included in this list.

If you are interested in the possibility of signing an insurance contract online, you can sign the contract on the official website of insurance companies, links to them https://www.mkb.kz/insurance/online is placed.

You can get acquainted with other useful materials on Fingramota.kz.

Department of External Communications

press@finreg.kz

Source : https://www.gov.kz/memleket/entities/ardfm/press/news/details/964209?lang=kk