Motor Liability Insurance

According to the Law of Ukraine "On Compulsory Civil Liability Insurance of Land Vehicle Owners", the insurer is liable for material damage caused by the insured vehicle.

Insurance Amount

Under this insurance product, the minimum and maximum insured amounts per injured party are fixed by law and depend on the type of damage caused in the accident:

1. For harm caused to life and health:
   ₴500,000 per injured person.
2. For damage caused to property:
   ₴250,000 per injured person.

Thus:

• Minimum insured amount per third party: ₴250,000;
• Maximum insured amount per third party: ₴750,000.

Minimum and Maximum Premium and/or Insurance Tariff

• Minimum insurance premium: ₴50
• Maximum insurance premium: ₴100,000

Policy Term

The standard MTPL policy is valid for 1 year, provided that:

• The vehicle is permanently registered in Ukraine;
• The vehicle is not subject to mandatory technical inspection (MTI);
• The vehicle is subject to MTI, and more than 12 months remain until the next scheduled inspection.

Territorial and Temporal Coverage

The policy is valid within the territory of Ukraine, in accordance with the Law of Ukraine "On Compulsory Civil Liability Insurance of Land Vehicle Owners".

• Minimum term: 15 calendar days
• Maximum term: 1 year

It is allowed to conclude an insurance contract for a period shorter than 6 months (e.g. 15 days, 21 days, 1–5 months) in cases where the vehicle is:

1. Unregistered, in accordance with the Law "On Road Traffic" – during the period of registration.
2. Temporarily in Ukraine and registered abroad – during its stay in Ukraine.

Policy Activation

The insurance contract enters into force on the date and time specified in the policy but not earlier than the moment when the contract is recorded in the Unified Centralized Database.

It terminates at 24:00 on the date specified as the end date in the contract.

The insurance coverage is valid throughout the entire duration of the contract.

There are no predefined insurance periods within the overall term of the contract.

What Can Be Insured?

• Civil liability for damage caused to the property, life, or health of third parties in a traffic accident caused by the driver of the insured vehicle.
• Since September 19, 2011, due to legal amendments, only one type of MTPL contract may be concluded. It is referred to as the Type 1 contract, which insures the liability of any person legally operating the insured vehicle.

No deductible applies
Policy Cost:

• Depends on the parameters of the vehicle.

Discounts:

A 50% discount (if insuring no more than one vehicle with an engine capacity up to 2500 cm³, owned by a Ukrainian citizen who drives the vehicle personally) is provided to:

• War veterans;
• Combatants;
• Persons with Group I disabilities;
• Persons with Group II disabilities;
• Individuals affected by the Chornobyl disaster, classified in Categories I and II;
• Pensioners.

Direct settlement of losses is applied, allowing victims to receive compensation from their own insurance company.

European Accident Statement (Europrotocol):

• Insurance amount for damage to the victim’s property: UAH 250,000

Insured Risks and Limitations:

• The insured risk under the Agreement is a road traffic accident (RTA) involving the insured vehicle, as a result of which the person whose civil liability is insured may be held liable.
• An insured event is an RTA involving the insured vehicle, as a result of which the insured person is obligated to compensate for damage caused to the life, health, and/or property of third parties.