Azerbaijan, Baku, Dec. 30 / Trend U. Ismayilova /
Azerbaijani Insurance Company Qarant Sigorta has suspended the sale of policies for voluntary children's health insurance, Vagif Hasanov, chairman of the company's board, said.
He said that the company has suspended rendering these services. But this product is valid until the contracts for this type of insurance are expired.
Qarant Sigorta introduced a product of voluntary children's health insurance in late July 2009.
"Children's Health Insurance is the marketing action of the company," Hasanov said.
This type of insurance is a classic kind of health insurance.
The product included three programs Pediatrik I, Pediatrik II, Pediatrik Plus. The maximum value of the policy amounted to 5,000 manat.
Insurance Company Qarant Sigorta got the license for insurance activity from the Azerbaijani Ministry of Finance in November 2007. Qarant Sigorta is a part of ZQAN Holdings. The authorized capital is 4 million manat.
The official exchange rate is 0.7979 manat to $1.
