The Board of the Bank of Lithuania approved the Rules of the Compulsory Civil Liability Insurance for Property or Business Valuation Enterprises and Independent Property or Business Valuators. They regulate the main terms and conditions of the contracts of compulsory civil liability insurance for property or business valuation enterprises and independent property or business valuators, as well as pre-contractual and contractual rights and obligations of the insurance contract parties: the insurer and the policyholder.
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