Cooperative third party insurance + 100% forgiveness of late crimes
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According to Iran Economist, citing the public relations of Cooperative Insurance, this company, with the aim of developing insurance culture and also on the occasion of Government Week, will give a 100 discount to all people who buy a third-party insurance policy of Cooperative Insurance from August 29 to September 11. A percentage of late crimes is considered.
This forgiveness is done regarding the penalty of clause “b” of Article 24 of the Compulsory Third Party Insurance Law, and the owners of motorcycle vehicles and agricultural machinery will be exempted from paying the fine if they purchase a one-year insurance policy.
Article 24 of the Compulsory Third Party Insurance Law states that an amount equal to a maximum of one year’s compulsory insurance premium will be collected from vehicle owners who refuse to carry out insurance subject to this law.