Bond.az White LogoBond.az Black Logo

New insurance rule takes effect

Insurance registration now uses only the FIN number. Social security number requirement abolished. New rule takes effect today.

Charlotte Hernandez
ByCharlotte Hernandez- Senior Editor
|
0

Insurance registration will now be based solely on the FIN number from the ID card. Legislative amendments effective today eliminate the requirement for a social security number (SSN).

The Ministry of Labor and Social Protection stated that SSN will no longer be required during hiring or in quarterly reports. Instead, the FIN will be used as the primary identifier.

The changes simplify administrative procedures, speed up data exchange, and strengthen integration between electronic systems. This serves the application of innovative solutions in the social insurance field.

More News
Today / 08:33
|
936

Minister dismissed Anar Seyidmammadov to reserve

Lieutenant Colonel Anar Seyidmammadov dismissed to reserve from Emergency Situations Ministry. Minister Heydarov signed order.

0
Today / 08:00
|
409

Actual weather: Lightning and rain - July 1

Actual weather on July 1 at 11:00 AM: lightning and rain across the country. Precipitation amounts by region.

0
Today / 07:03
|
300

Manhole cover issue in Khirdalan resolved

The uncovered manhole issue in Khirdalan has been resolved by the Absheron District Executive Power. Details on Bond.az.

0
Today / 07:02
|
299

Baku hosts 28th BSTDB Board Meeting

Baku hosts the 28th BSTDB Board Meeting and Business Forum. Discussions focus on economic development, regional cooperation, and Azerbaijan's role as a hub.

0
Today / 06:32
|
467

Japan, Korea get visa-free to Azerbaijan

Japan and South Korea citizens can travel visa-free to Azerbaijan from July 1, 2026. Tourism stays up to 30 days.

0
Today / 05:30
|
287

Azerbaijan raises women's retirement age to 65

Azerbaijan raises women's retirement age to 65, equalizing with men.

0
Today / 05:01
|
724

77-year-old Azerbaijani killed by drone strike in Ukraine

77-year-old Azerbaijani Yelmar Aliyev killed by Russian drone strike in Ukraine's Sumy region. Body sent to Azerbaijan.

0
Today / 04:30
|
536

Baku Traffic Jam: Where and Why?

Traffic congestion in Baku: Baku-Sumgayit highway, Ziya Bunyadov Avenue, 8 November Avenue, and more. Detailed map.

0
Today / 04:00
|
236

Oxu.Az turns 13!

Oxu.Az news site celebrates its 13th anniversary. Launched in 2013, it is part of Global Media Group.

0
Today / 01:00
|
621

When Are Projector Lights Legal?

Learn the legal rules for using projector lights on vehicles. When and where are they allowed?

0
Yesterday / 21:01
|
794

Azerbaijan to Produce First Veterinary Vaccine

Azerbaijan will produce its first local veterinary vaccine by end of this year. The rabies vaccine meets international standards.

0
Yesterday / 20:31
|
250

Goygol residents face water issues for years

Years-long drinking water shortage in Goygol's Yeni Qizilca village worries residents. Poor water quality and lack of supply are main complaints.

0
...
New insurance rule takes effect | Bond.az