Total funds

000041215835
Stamp duty
000040691841
19430761040 40691841 36985612 2608155844
Donations
000000523994
250212448 523994 476269 33585564

Compensations

000003111633
Compensation to the families of 11 soldiers who were fallen during the years 2008-2014

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.

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

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.

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

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.

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.

More
Compensation to an injured soldier

08

July,

2019

Compensation to an injured soldier

On 1th July 2019, ALM Committee has made a decision to make compensation  to two injured soldiers, based on the decision of the Board of Directors of the Foundation dated 14.06.2018, Until the decision on soldier’s disability status scale a monthly compensation of 100,000 AMD for up to 6 months will be provided to Hrant Harutyunyan. According to an agreement signed between "CONVERSBANK" CJSC the amounts will be transferred to special bank accounts opened for the beneficiaries, which will be serviced, free of charge.

More
Compensation to the families of 67 soldiers who were fallen or injured during the years 2008-2014 

04

July,

2019

Compensation to the families of 67 soldiers who were fallen or injured during the years 2008-2014 

On 21.06.2019 and 01.07.2019, the ALM committee approved the compensation of the family of 48 fallen soldiers and 19 solders with disability 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.

More
Compensation to two injured soldiers

19

June,

2019

Compensation to two injured soldiers

On 17th June 2019, ALM Committee has made a decision to make compensation  to two injured soldiers, based on the decision of the Board of Directors of the Foundation dated 14.06.2018, Until the decision on soldier’s disability status scale a monthly compensation of 100,000 AMD for up to 6 months will be provided to Argishti Sepghelyan and Aghanik Zoroghlyan. According to an agreement signed between "ARMBUSINESSBANK" CJSC the amounts will be transferred to special bank accounts opened for the beneficiaries, which will be serviced, free of charge.

More
fade slider layer

Starting from Principle of Accountability

Preservation of social justice, equality in payments, long-term vision, immunity of the amounts and absolute accountability to the society are the fundamental principles of the Insurance Foundation for Servicemen. Only by strictly following these principles can we achieve in preserving the core values of the Foundation. The only stakeholders of the Foundation are the soldiers and their families both equally important for the Foundation.

Towards a noble goal with small steps

The foundation was created for the purpose of insuring and providing compensations to soldiers and families of soldiers who have been injured or deceased when defending the borders of our two motherlands. Each small investment has already given the possibility to realize this aim and we believe that with the help of our unity, mandatory payments and donations the Foundation will continue to guarantee the security of the soldiers serving on the border.

Positive changes

We are inspired by the fact that our activity has formulated a new shared sense of national identity based on the value of motherland and on full perception of the sense of responsibility towards the life of our soldiers. By virtue of the Foundation, the means of supporting the Soldier have changed and now we all have undertaken the mission of defending our motherland.