KYRGYZSTAN: Minimum amount of compulsory housing insurance in city is 1,200 soms per year

"Compulsory insurance of property is divided into two types: for city and for village.  The minimum sum for a village is 600 soms per year, and for city - 1,200 soms," the Chairman of the State Service for Regulation and Supervision over the Financial Market Sanzhar Mukanbetov said at a press conference.

According to him,  the payout for villagers in case of insured event will be 500,000 soms, for city residents - 1 million.

"If an owner asesses his house at higher sum, he can voluntarily increase the sum of insurance," the official said.
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