OREANDA-NEWS. May 19, 2011. Within activation of voluntary insurance types Azerbaijani life insurance company PASHA Heyat Sigorta is embedding insurance of one of the most pressing diseases in the world.

Chairman of the company’s Management Board Mursal Rustamov has reported that the company has worked out a new product on insurance against critical diseases.

" This product will include insurance against risk of cancer the reinsurance on which will be held with Gen Re company",- M. Rustamov said.

The founedr of Azerbaijan’s third life insurance company PASHA Heyat Sigorta is PASHA HOLDING. The company’s registered capital is AZN 7 million. PASHA HOLDING also includes life insurance company PASHA Sэрorta.

According to World Health Organization’s (WHO) estimations 84 million people will die from cancer in 2005-15 if there is no relevant medical intervention.