A complete glossary of legal insurance terms in Uzbekistan. Learn the meaning of key concepts such as insurance contract, insured risks, and liability to better understand your rights and obligations. Practical explanations will help you make well-informed decisions and interact effectively with insurance companies.
7
7 terms
Over 1000
disputes are considered annually in the insurance sector
80%
of cases are resolved out of court.
Up to 30 days
average claim settlement period.
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Zafar from Khiva, when concluding a health insurance contract, concealed a chronic illness. Later, he required expensive treatment for this disease.
The insurance company discovered the deception. Due to the violation of the principle of good faith, the contract was declared invalid and the payment was refused.
In 2020, Irodakhon's house burned down. She received an insurance payment but considered it underestimated. She decided to go to court only in 2024.
The court dismissed the lawsuit because the three-year statute of limitations had expired. Irodakhon lost the right to demand a review of the payment.
Bakhtiyor's apartment was flooded by a neighbor. The damage of 12 million soums was covered by Bakhtiyor's insurance company under his property insurance policy.
After the payment, the Insurer filed a recourse claim against the liable neighbor. The court ordered the neighbor to return the entire amount to the company.
