Mandatory Insurance
Insurance types that are legally mandatory.
Mandatory insurance is a group of 12 different insurance types that are legally required by the state under certain conditions.
Highlights
- 1Motor Vehicles Traffic Insurance and Mandatory Earthquake Insurance (DASK) are the most commonly known basic mandatory insurance types.
- 2Medical Malpractice Insurance covers health personnel, and Private Security Insurance is specific to related security firms, targeting specific sectors.
- 3In high-risk areas such as Hazardous Material/Waste, LPG, and Coastal Facilities, damage that may be caused to the environment and third parties is legally secured.
- 4Failure to obtain mandatory insurance may result in administrative fines and legal sanctions up to the suspension of activities.
It is important to seek expert support to know the limits of these 12 mandatory insurance types and to ensure full compliance with legal regulations.
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