05

Oct.,

2020

Information about donations made to Insurance Foundation for Servicemen on September 30, 2020 (as of 15:00 GMT+4)

Dear compatriots,
Below we present the information about the donations made to the Insurance Foundation for Servicemen during 27.09.2020 - 05.10.2020 (as of 15:00 GMT+4)
• Total amount of donations: about $ 1,200,000
• Donation range: $ 1 – 200,000
• Total number of donations: 3,294 donations
• Geography: from 50 countries
We would like to thank you for your donations and assure that each donation will serve its purpose.

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:

28

Aug.,

2019

Compensation to the families of 11 soldiers who were fallen during the years 2008-2014

On 26.09.2019, the ALM committee approved the compensation of the family of 11 fallen soldiers who were fallen or disabled during the years 2008-2014.

It should be recalled that the Foundation will provide monthly compensation to military families for a period of 20 years, the magnitude of which will be the positive difference between the monthly compensation of the Foundation and the total amount already paid by the State to the military.

According to an agreement signed between “CONVERSE BANK” CJSC and "ARMBUSINESSBANK" CJSC and “ARCAXBANK” CJSC the amounts will be transf4erred to special bank accounts opened for the beneficiaries, which will be serviced, free of charge.

22

Aug.,

2019

Compensation to one injured soldier during 2018 and 10 soldiers who were fallen during the years 2008-2014

On 15.09.2019, the ALM committee approved the compensation of the family of one injured soldier during the year 2018 and 10 soldiers who were fallen during the years 2008-2014. Today the Armen Harutyunyan will receive a lump sum payment of AMD 5 million and will be accorded monthly payments of AMD 150 000  throughout 20 years. It should be recalled that the Foundation will provide monthly compensation to families of soldiers who were fallen during the years 2008-2014 for a period of 20 years, the magnitude of which will be the positive difference between the monthly compensation of the Foundation and the total amount already paid by the State to the family.

According to an agreement signed between “CONVERSE BANK” CJSC and "ARMBUSINESSBANK" CJSC and “ARCAXBANK” CJSC the amounts will be transf4erred to special bank accounts opened for the beneficiaries, which will be serviced, free of charge.

12

Aug.,

2019

Compensation to the families of 11 soldiers who were fallen or injured during the years 2008-2016

On 06.09.2019, the ALM committee approved the compensation of the family of 10 fallen soldiers and 1 solder with disability who were fallen or disabled during the years 2008-2016.

It should be recalled that the Foundation will provide monthly compensation to military families for a period of 20 years, the magnitude of which will be the positive difference between the monthly compensation of the Foundation and the total amount already paid by the State to the military.

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