A complete glossary of general insurance in Uzbekistan — covering property, liability, and personal insurance, as well as key risks. Learn essential terms such as insurance premium, deductible, and indemnity to better understand your insurance policies and make informed decisions. Practical explanations and tips will help you protect your assets and interests with confidence.
6
6 terms
9.48 trillion
general insurance premiums
4.16 million
contracts concluded
22.6%
market growth
Our experts will help you choose the best insurance coverage
Karim from Samarkand insured his apartment and liability to neighbors. Due to a washing machine breakdown, he flooded the neighbors below.
The insurance company covered the repairs in Karim's apartment and compensated the neighbors for the damage. This allowed him to avoid conflict and expenses of 20 million soums.
Dilorom, a shop owner, had her goods burn down due to a power surge. The damage amounted to 30 million soums. The goods were insured.
The insurance company paid Dilorom the full amount. Then, by the right of subrogation, it recovered this money from the at-fault power supply company.
Rustam from Andijan decided to insure his house worth 500 million soums. The insurance company calculated the annual installment (premium) at 2.5 million soums.
Rustam paid the premium and received the policy. Now his house is protected for 500 million soums. Payment of the premium is a mandatory condition for the contract to take effect.
Now that you understand car insurance, it's time to choose the right program. Our experts will help you find the optimal solution for your car and budget.
