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Bonus-Malus

Page updated 04.05.2020 08:24

Bonus Malus is a system of discounts that allows you to calculate the cost of an CMTPL insurance contract taking into account the insurance history of the insurant. In the absence of insured events, a discount is provided, and if any, the cost of the policy increases.

The maximum discount on the MTPL policy provided by the Bonus Malus system of Armenia is 50%.