News

The "ABAKA"  weekly newspaper recently published an article on the Insurance Foundation for Servicemen. 

The article gives background information on the events that led to the creation of the Foundation, as well as the issues that the Foundation was meant to address.  The article also explains the Foundation's mission, its structure and the results it has attained thusfar. 

You can read the full article here.

Armen and Emiliy Tavadyans have donated AMD 500,000 (appx.$1000) to the Insurance Foundation for Servicemen in celebration of their wedding day. They mentioned that they made the donation, because they owe their current happiness and peace to the Foundation’s beneficiaries.

The Foundation is thankful for their donation, but more so, because they are conscious of the great role that our soldiers play in our happiness and peace. We think and we are hopeful that like the Tavadyans, when celebrating, every person will remember that they partly owe their celebration to the soldiers standing on the front line and will donate to the Foundation.

On the 2^nd of October 2017 the ALM committee approved three more compensations to the families of deceased soldiers. 

Today the families of Private Arman Movsisyan, Lieutenant Artak Bisharyan and Major Robert Gasparyan will each receive a lump sum payment of AMD 10 million (appx. USD 21.000). The families of Private Arman Movsisyan and Lieutenant Artak Bisharyan will be accorded monthly payments in the amount of AMD 200 000 (appx. USD 450) throughout 20 years. The family of Major Robert Gasparyan will be accorded monthly payments of AMD 300 000 (appx. USD 525) throughout 20 years. 

According to an agreement signed between "ARMBUSINESSBANK" CJSC, “Artsakh Bank” CJSC and "ConverseBank" CJSC the amounts will be transferred to special bank accounts opened for the beneficiaries which will be serviced free of charge.

The Insurance Foundation for Servicemen started operating on January 1^st  2017. Hakob Asatryan, chief editor of the "Orer" periodical has published an interview with Foundation director Varoujan Avedikian, on the Founation's work, on its progress and on the results of the past 9 months. 

The article is available only in Armenian. You can find it here.  

The Director of the Insurance Foundation for Servicemen, Mr. Varoujan Avedikian has accepted an interview with www.civilnet.am. In the interview he talks of the transparency of the Foundation, as well as the ever-growing donations. The Director also speaks of the compensations the Foundation has made so far and of the future plans of the Foundation.

You can find the interview here.

We are happy to announce that it is now possible to donate to the Insurance Foundation in Armenia through "Easy Pay" terminals. There are more than 800 of them throughout Armenia. 

We thank "Easy Pay", as they have agreed to service the Foundation commission free.

We are pleased to inform, that "HayPost" CJSC in cooperation with “Insurance Foundation of Servicemen” has issued new post stamps, the revenue from sales of which will be directed to the Foundation.

On 14th of August 2017 the ALM committee approved two more compensations, one for a disabled soldier (disability of I degree) and one for the family of a deceased soldier. 

Mr. Raymond Yezeguelian has made a donation of $15 000 to the Foundation. This is the biggest donation the Foundation has received to date.

Mr. Yezegualian noted that the donation was for the brave soldiers thanks to whom Armenia continues to prosper.