According to the regulations in the Macedonian Law requests for compensation of caused damage fall under the statute of limitation after three years from the date when the damaged person have found out the damage and the person which caused the damage and in any case latest after five years after the date at which the damage has been caused.
The claims for damage compensation of the insurance beneficiary i.e. of the third person arising from insurance contract for life insurance fall under the statute of limitation after five years and for the other insurance types after three years calculated from the first day after the expiry of the calendar year in which the damage request has arisen.
If the interested person proves that at the date of the damage causing did not knew that the insured case have happened, the term for statute of limitation starts to run when that person have learned about it but in any case the term for failing under the statute of limitation expires in ten years for the life insurance cases and in five years for other types of the insured cases.
Skopje,
16.10.2024
Prepared by: LAWYERS ANTEVSKI
legal services in North Macedonia &
European patent law services
http://www.lawyers-antevski.com.mk
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