20

July,

2020

Statement of Insurance Foundation for Servicemen

The Insurance Foundation for Servicemen will provide the following compensation to each military serviceman who has been declared as a person with disability of 1st or 2nd category or to family members of each serviceman deceased during the defense of Armenia in the previous days:

 

  • Officers deceased/disability of 1st category $169,500; lump sum $20,000, monthly $600 during 20 years
  • Warrant officers deceased/disability of 1st category $145,000; lump sum $20,000, monthly $500 during 20 years
  • Junior warrant officers, rank and file serviceman deceased/disability of 1st category $120,000, lump sum $20,000, monthly $400 during 20 years

 

  • Officers disability of 2nd category $110,000; lump sum $10,000, monthly $400 during 20 years
  • Warrant officers disability of 2nd category $85,000; lump sum $10,000, monthly $300 during 20 years
  • Junior warrant officers, rank and file serviceman disability of 2nd category $60,000, lump sum $10,000, monthly $200 during 20 years