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Civil liability insurance of customs duty payers

27 January 2012 Reading: 2 min Views: 2 678

The insured event under this Contract is the occurrence of the Policyholder's civil liability to pay customs payments and taxes to the Beneficiary in connection with a violation of the customs legislation of the Republic of Kazakhstan that gave rise to the obligation to pay them in accordance with the customs legislation of the Republic of Kazakhstan upon export of the goods specified in this Insurance Certificate.

Insured event:

  • The insured event under this Contract is the fact of the Policyholder's civil liability arising to pay customs duties and taxes to the Beneficiary in connection with a violation of the customs legislation of the Republic of Kazakhstan, which gave rise to the obligation to pay them in accordance with the customs legislation of the Republic of Kazakhstan upon export of the goods specified in this Insurance Certificate.

Documents provided by the Policyholder:
  • an identity document of the Insured Person and the taxpayer registration number;
  • other necessary documents at the Insurer's request.
The insurance payout is not made in the case of:
  • intentional actions of the Policyholder aimed at causing the insured event or contributing to its occurrence, except for actions committed in a state of necessary defence or extreme necessity;
  • actions of the Policyholder recognised, in the manner established by legislative acts, as intentional crimes or administrative offences causally related to the insured event;
  • receipt by the Policyholder of appropriate compensation for property damage from the person responsible for causing the loss;
  • in other cases provided for by the contract.

Subject of insurance:

  • The subject of insurance is the property interests of the Policyholder related to its obligation to pay customs duties and taxes to the budget to the customs authority of the Republic of Kazakhstan specified as the Beneficiary, as a result of the Policyholder's violation of the customs legislation of the Republic of Kazakhstan in terms of non-payment of customs duties and taxes when exporting goods outside the territory of the Republic of Kazakhstan
Advantages of the programme:
  • compensation by the Insurer of losses caused to the customs authorities;
  • prompt claims settlement.

Deductible:

  • For each and every insured event, an unconditional deductible of 0% of the sum insured is set.

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