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Life insurance policy is:
 

FBiH Protection Fund
Monday, 23 May 2011

 

Address/Head Office: Jošanička 55/4, 71320 Vogošća

Telephone: 033/843-107

E-mail: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Web: www.zffbih.ba

 

FBIH Protection Fund was set up on 22 July 2005, and it operates under supervision and control of the FBIH Insurance Supervisory Agency.

The executive bodies of the FBIH Protection Fund include: Assembly, Managing Board, and Director.

The Protection Fund is run by the Managing Board comprising five members appointed and dismissed by the Protection Fund Assembly. Director is appointed and dismissed by the Managing Board.


Legal Framework:

  1. Law on Insurance against Motor Liability and other Provisions on Compulsory Insurance against Liability (''FBIH Official Gazette'' No. 24/05)

  2. Internal acts of the FBIH Protection Fund 

Fund’s Activities: 

 

The FBIH Protection Fund pays claims in accordance with Article 15 of the Law on Insurance against Motor Liability and other Provisions on Compulsory Insurance against Liability (''FBIH Official Gazette'' No. 24/05).

The FBIH Protection Fund is obliged to pay claims to injured parties in case of death or physical injury, as well as in case of material damage caused by a road accident:

  • When the person responsible for the accident remains unknown (in all cases when accidents occur on the territory of the FBIH; the Protection Fund is obliged to provide compensation only for damage due to death or physical injury);

  • When an accident has been caused by a vehicle for which the obligation from Article 3 of the abovementioned Law has not been fulfilled, and the vehicle is in the ownership of a person residing in the FBIH;

  • When special liquidation proceedings have been instituted against an insurance company registered in the FBIH due to bankruptcy or revocation of license, or because of the subject company’s failure to settle financial obligations pursuant to the Law on Insurance Companies in Private Insurance or the Law on Insurance against Motor Liability and other Provisions on Compulsory Insurance against Liability.

 

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Change in address
Wednesday, 07 November 2018

PUBLICATIONS

2018 Statistics of Insurance Market in BiH

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