The territory of the contract's validity is Ukraine.
The duration of the contract is 1 (one) year.
A contract may be concluded for a term shorter than 1 (one) year, but for no less than 15 (fifteen) days, exclusively regarding vehicles:
- unregistered - for the period until their registration;
- temporarily registered - for the period until their permanent registration;
- registered in foreign countries - for the period of their stay in Ukraine.
Contracts for mandatory civil liability insurance for vehicles subject to technical inspection are concluded on the condition that these vehicles pass the technical inspection, provided they are recognised as technically sound according to the protocol of the technical condition check. Contracts for mandatory civil liability insurance for vehicles subject to technical inspection are concluded for a period not exceeding the time until the next scheduled technical inspection according to the requirements of the Law of Ukraine "On Road Traffic".
The contract of mandatory civil liability insurance may specify a period of use for the secured vehicle during its term of validity, which cannot be less than six calendar months.
The CTP insurance contract comes into effect from the moment indicated in the policy that certifies the conclusion of such a contract, except for internal electronic insurance contracts.
The electronic contract of compulsory civil liability insurance comes into effect from the beginning of its term specified in the insurance policy, but no earlier than the date of its registration in the single central database regarding compulsory civil liability insurance for owners of land vehicles.
Exceptions to insurance cases and grounds for refusal to make insurance payouts The Insurer does not compensate for:
- damage caused during the operation of the insured vehicle, where civil liability does not arise in accordance with the Law on OSCPV; damage caused to the insured vehicle that caused the accident;
- damage caused to the life and health of passengers who were in the insured vehicle that caused the accident, and who are insured in accordance with the Resolution of the Cabinet of Ministers of Ukraine dated 14.08.1996 No. 959 "On Approval of the Regulations on Mandatory Personal Insurance against Accidents in Transport"; damage caused to property that was in the insured vehicle that caused the accident;
- damage caused during the use of the insured vehicle during a training trip or for participation in official competitions; damage directly or indirectly caused by or contributed to by ionising radiation, radioactive poisoning caused by any nuclear fuel, radioactive, toxic, explosive or otherwise hazardous properties of any explosive nuclear compound or its nuclear component; damage related to the loss of commercial value of the vehicle;
- damage caused by the damage or destruction as a result of a road traffic accident to antiques, items made of precious metals, precious and semi-precious stones, jewellery, religious cult objects, paintings, manuscripts, currency notes, securities, various documents, philatelic, numismatic and other collections; damage caused as a result of a road traffic accident if it occurred due to mass riots and group violations of public order, military conflicts, terrorist acts, natural disasters, explosion of ammunition, fire of a vehicle not related to this incident; damage caused to the life and health of the driver of the insured vehicle who caused the road traffic accident.
The grounds for the Insurer's refusal to make insurance payments are: intentional actions of the person whose liability is insured (the policyholder), the driver of the vehicle, or the injured party, aimed at causing an insurance event. This provision does not apply to individuals whose actions are related to the performance of their civil or official duty, carried out in a state of necessary defence (without exceeding its limits) or during the protection of property, life, or health.
The qualification of the actions of such persons is established in accordance with the law; the commission by an individual whose liability is insured (by the insurer), a driver of a vehicle deliberate criminal offense that resulted in an insurance case (event provided for in Article 41 of the Law on OSCPV); the failure of the victim or another person entitled to compensation to fulfil their obligations defined by this Law if it led to the inability of the Insurer to establish the fact of the accident, the reasons and circumstances of its occurrence, or the extent of the damage caused.
the failure to submit a claim for insurance compensation within 1 (one) year if the damage was caused to the property of the victim, and 3 (three) years if the damage was caused to the health or life of the victim, from the moment of the accident.
The insurer's liability limits for each individual insurance object, insurance risk and/or insurance event, group of insurance risks and/or insurance events (if any), and other components of the insurance product.
The damage caused to the property of the victims amounts to 160,000 UAH per victim. If the total amount of damage for one insured event exceeds five times the insurance sum, compensation to each victim is proportionately reduced.
For the damage caused to the life and health of the victims, it amounts to 320,000 UAH per victim.
In the event of an insured incident, the Insurer will compensate for the assessed damage caused as a result of the road traffic accident to the life, health, and property of a third party, within the insurance sums specified in the insurance policy.
1. In connection with the treatment of the injured party, justified expenses related to transportation, accommodation, maintenance, diagnostics, treatment, prosthetics, and rehabilitation of the injured party in the appropriate healthcare facility, medical care, home treatment, and the purchase of medications are reimbursed. Expenses related to the treatment of the injured party in a foreign state are reimbursed if the treatment has been agreed upon with the Insurer. The expenses specified in this paragraph and the necessity of their incurrence must be documented by the relevant healthcare facility.
1.1. The minimum amount of insurance compensation for damage related to the treatment of the injured person is 1/30 of the minimum wage set by law on the date of the occurrence of the insured event, for each day of treatment confirmed by the relevant healthcare institution, but not exceeding 120 days.
1.2. If the insurer is not provided with documents confirming the amount of expenses, or their documented amount is less than the minimum amount determined in accordance with paragraph 1.1, the insurer will compensate in the amount specified in paragraph 1.1.
2. In connection with temporary loss of ability to work, the victim is compensated for lost income for the duration of incapacity confirmed by the relevant healthcare institution.
The victim's income is assessed as follows:
a) for a working person (a person employed under a labour contract) - the average unearned wage calculated in accordance with the provisions of Ukraine's labour legislation;
b) for a self-employed person - the unearned income calculated as the difference between the income for the previous calendar year (before the traffic accident) and the income received in the calendar year in which the person was temporarily incapacitated;
c) for a non-working adult - assistance in an amount no less than the minimum wage established by current legislation.
2.1. If a person has been in the specified status for less than the stated calculation periods, then the average monthly income is taken into account based on the total income of that person for the previous calendar year prior to the occurrence of the insured event and the income during the actual period (full months) of the person's stay in the specified status.
3. Damage related to the permanent loss of ability to work by the victim as a result of a traffic accident is compensated in amounts determined in accordance with the Civil Code of Ukraine.
3.1. The minimum amount of insurance compensation for damage related to the permanent loss of ability to work by the victim as a result of a traffic accident is:
a) in the case of establishing Group I disability - 36 minimum wages in monthly amounts established by law on the date of the occurrence of the insured event;
b) in the case of establishing Group II disability - 18 minimum wages in monthly amounts established by law on the date of the occurrence of the insured event;
c) in the case of establishing Group III disability - 12 minimum wages in monthly amounts established by law on the date of the occurrence of the insured event;
d) in the case of recognising a minor (underage) person as a child with a disability - 18 minimum wages in monthly amounts established by law on the date of the occurrence of the insured event.
3.2. If the Insurer is not provided with documents confirming the amount of damage related to the permanent loss of ability to work by the victim, or if this amount is less than the minimum amount set in accordance with clause 3.1, the Insurer shall compensate in the amount specified in clause 3.1
4. The Insurer shall compensate the victim - an individual who has suffered health damage during the road traffic accident, for moral damages in the amount of 5% of the insurance payment for damage caused to health.
5. The insurance compensation is paid if the victim's death as a result of a road traffic accident occurred within one year after the accident and is a direct consequence of that accident.
5.1. The insurer compensates for the damage caused by the death of the victim, under the conditions established by Article 1200 of the Civil Code of Ukraine, to each person entitled to such compensation, in equal parts. The total amount of insurance compensation to the dependants of one deceased person may not be less than 36 minimum monthly wages established by law on the day the insured event occurs.
5.2. The insurer compensates for the moral damage caused by the death of an individual to their spouse, parents (adoptive parents), and children (adopted). The total amount of such insurance compensation to these individuals in relation to one deceased person amounts to 12 minimum wages per month established by law on the day the insured event occurs, and is paid in equal parts.
5.3. The insurer shall reimburse the person who incurred expenses for burial and the construction of a gravestone, provided that the insurer is provided with documents confirming such expenses and the original death certificate is presented. The total amount of such reimbursement for one deceased person shall not exceed 12 minimum monthly wages established by law on the date of the occurrence of the insured event.
5.4. Compensation for damage related to the death of the victim may be paid as a one-off payment. The total amount of all insurance compensations for damage caused to the life and health of one person may not exceed the insured amount for such damage.
Due to the damage to the vehicle, expenses related to the restoration repair of the vehicle are reimbursed, taking into account the depreciation calculated in accordance with the procedure established by law, including expenses for removing damage intentionally caused to rescue the victims of the traffic accident, with the evacuation of the vehicle from the scene of the accident to the residence of the owner or legal user of the vehicle who was driving the vehicle at the time of the accident, or to the place of repair within Ukraine. If the vehicle needs to be parked for valid reasons, the cost of evacuating the vehicle to the parking location and the parking fees are also added to the amount of damage.
If a vehicle is considered to be destroyed, its owner is compensated for the difference between the value of the vehicle before and after the accident, as well as the costs of recovering the vehicle from the accident site. The extent of the damage related to the damage or physical destruction of roads, road structures, and other material assets is determined based on a report, act, or conclusion of an assessment made by an appraiser or expert in accordance with the legislation.
Possible consequences for the consumer in the event of failure to fulfil the obligations set out in the insurance contract, including late notification of an insured event without valid reasons and late payment of the insurance premium or its subsequent part.
After paying the insurance compensation, there is the right to file a recourse claim against the policyholder or the driver of the insured vehicle that caused the accident:
a) if they were driving the vehicle while under the influence of alcohol, drugs or other intoxicants, or under the influence of medications that impair attention and reaction speed;
b) if he was driving a vehicle without the right to drive a vehicle of the corresponding category;
c) if he left the scene of the accident he was involved in without permission or refused to undergo an examination according to the established procedure regarding the state of alcohol, narcotic or other intoxication, or regarding the use of medicinal preparations that reduce attention and reaction speed, or consumed alcohol, narcotics or medicinal preparations made from them (except those included in the officially approved contents of the first aid kit or prescribed by a medical professional);
g) if the traffic accident is established in accordance with the set procedure as a direct consequence of the non-compliance of the technical condition and equipment of the vehicle with the existing requirements of the Road Traffic Rules;
h) if he did not notify the Insurer within the time frames and under the conditions defined by the terms of the insurance product;
i) if the insured event occurred while using the insured vehicle during a period not provided for in the OSCPV agreement (when concluding the OSCPV agreement with the condition of using the vehicle during the period specified in the insurance agreement).
If the failure (improper performance) by the person whose liability is insured, the driver of the secured vehicle, to comply with the obligation specified in paragraph 33-1.1 of Article 33-1 of the Law results in a breach of the deadline for the insurance compensation, the Insurer has the right to demand from such person compensation in the amount of 20% of the paid insurance compensation.
Information about the possibility of purchasing the insurance product separately, if such a product is offered together with a related and/or additional item, work or service that is not insurance, as part of one package or contract.
The insurance product is not an addition to other goods, works or services that are not insurance. In connection with the conclusion of the contract, there is no need to obtain additional or ancillary services from the insurer and/or third parties related to receiving the financial service under the contract.
