News
Useful Information for Holders of Motor Third Party Liability Insurance Policies Issued by DallBogg: Life and Health JSC
10 June 2026
By Decision of 9 June 2026, the Financial Supervision Commission (FSC) revoked the insurance licence of DallBogg: Life and Health JSC. The revocation of the licence does not affect insurance contracts already concluded with the company. Existing Motor Third Party Liability (MTPL) insurance policies remain valid and continue to provide insurance cover.
Compensation payable under compulsory Motor Third Party Liability insurance is guaranteed by the Guarantee Fund of the Republic of Bulgaria. From the date on which the insurer's licence was revoked, the Guarantee Fund is responsible for claims that the insurer is unable to pay. This ensures that all persons with valid claims against the insurer will receive the compensation to which they are entitled.
Frequently Asked Questions
I have a Motor Third Party Liability (MTPL) insurance policy issued by DallBogg: Life and Health JSC. Does my policy remain valid following the revocation of the insurer's licence?
Yes. Your compulsory Motor Third Party Liability insurance contract remains in force until the expiry of its term or until the competent Bulgarian court orders the opening of insolvency proceedings against DallBogg: Life and Health JSC. Upon the occurrence of either of these events, the insurance contract will cease to have legal effect.
Until then, the contract remains valid and DallBogg: Life and Health JSC is required to receive, assess and settle insurance claims and to pay any compensation due.
You can verify the validity of your policy on the website of the Guarantee Fund of the Republic of Bulgaria.
How do I submit a Motor Third Party Liability insurance claim?
Claims for compensation should be submitted to DallBogg: Life and Health JSC, which is currently managed by conservators appointed by the Financial Supervision Commission.
The conservators are responsible for receiving, assessing and settling claims and for arranging the payment of compensation. If the company does not have sufficient funds to meet its obligations, the conservators will request funding from the Guarantee Fund of the Republic of Bulgaria.
My Motor Third Party Liability policy with DallBogg: Life and Health JSC is payable by instalments. Should I continue paying the instalments?
Yes. To ensure that your Motor Third Party Liability insurance remains valid until the end of the policy term, you must continue paying all premium instalments as they fall due.
Once your insurance contract expires, you should conclude a new Motor Third Party Liability insurance contract with another authorised insurer.
Please note that persons who do not maintain valid Motor Third Party Liability insurance are subject to the administrative penalties provided for by law. Driving a motor vehicle without valid compulsory insurance is not permitted.
I purchased a Motor Third Party Liability insurance policy from DallBogg: Life and Health JSC despite the prohibition imposed on the company. What are the consequences of the revocation of the insurer's licence?
If you are a Bulgarian citizen and concluded the contract after 2 April 2026, you should be aware that the contract has no legal effect.
You should immediately file a formal complaint with the competent authorities and conclude a new insurance contract with an insurer authorised to carry on insurance business.
I have another type of insurance policy with DallBogg: Life and Health JSC. What will happen to it?
You should contact the conservators of DallBogg: Life and Health JSC for further information regarding your policy.