Encyclopedia

Compulsory Insurance Contract

4 October 2026, 21:15

Mandatory insurance contract is a contract in favor of a third party (beneficiary) and is concluded in writing based on a written or oral application of the insured, in two copies, one of which is handed over (sent) by the insurer to the insured, except for cases where the mandatory insurance contract is concluded as an electronic document¹.

Mandatory insurance contract — a mandatory insurance contract of the carrier's civil liability for damage to life, health, and property of passengers, concluded between the insurer and the insured in accordance with this Federal Law².

Federal Law No. 67-FZ of June 14, 2012 "On Compulsory Insurance of the Carrier's Civil Liability for Damage to Life, Health, and Property of Passengers and on the Procedure for Compensation of Such Damage Caused During Passenger Transportation by Metro", as amended on July 15, 2023, Article 7, paragraph 1 // RSZ RF. 2012. No. 25. Page 3257. ↩
Federal Law No. 67-FZ of June 14, 2012 "On Compulsory Insurance of the Carrier's Civil Liability for Damage to Life, Health, and Property of Passengers and on the Procedure for Compensation of Such Damage Caused During Passenger Transportation by Metro", as amended on January 1, 2019, Article 3, paragraph 9 // RSZ RF. 2012. No. 25. Page 3257. ↩

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