Legislative Chamber of the Oliy Majlis of Uzbekistan passed the law on 26 March 2015 and Senate approved it on 15 May 2015. The law will come to into force after six months and replace the law “On mandatory personal insurance of passengers of air, railway, internal water and automobile transport of general use”.

The document is directed at regulating relations in mandatory insurance of civil liabilities of transporters. The law is aimed at ensuring compensation to damages, caused to health, life and property of passengers at transportation by all types of transports via insuring liabilities of transporters.

In line with the law, the transporters should insure their civil liabilities for damage, caused to life, health and property of passengers. The insurance policy should be obtained before the start of transportation.

The law said that the transporter should put copies of insurance certificate to their websites and vehicles. The insurance policy is purchased for one year. The insurance sum is set by the Cabinet of Ministers of Uzbekistan.

The document regulates issues of obtaining insurance policies and payment of insurance compensation.

The law said that insurance companies should obtain license to provide services on insurance of civil liabilities of the transporters. It added that the insurance companies should have branches in all regions of Uzbekistan, Tashkent city and Karakalpakstan, so they can sign agreements and consider claims of the transporters or passengers.

The document envisages that Uzbekistan will create insurance pool, which will provide services on insurance of civil liabilities of transporters.