Insurance product "My beloved home credit"

• the policyholder’s (beneficiary’s) insurance interests;
• insurance risks covered by the Agreement.

Insurance risks:

• Fire (excluding arson), lightning strike, explosion;
• Fall of manned aircrafts and their parts/cargo on the Insured property; collision with the Insured property by ground vehicles;
• Illegal acts of third parties: burglary, robbery, assault, arson;
• Water leakage from utility systems, including accidents in water supply, sewage, heating, fire extinguishing systems and connected household appliances;
• Ingress of water or other liquids from neighboring premises;
• Natural phenomena (tornado, hurricane, storm, typhoon, avalanche, landslide, mudflow, flood, overflow, heavy rain, soil subsidence, groundwater flooding, earthquake, hail, snow pressure);
• Filing of a lawsuit by a third party regarding ownership/use/disposal rights of the Insured property;
• Construction/renovation works on real estate located next to the Insured property, or in neighboring premises not owned by the Policyholder;
• Collision with the Insured property by technical devices moving with or without human control using any type of energy;
• Accidents in heating, water, gas supply systems, power grids, industrial accidents (including release of overheated masses, toxic gases and vapors, leakage of aggressive substances);
• Falling of poles, lighting masts, and other structures, except when caused by improper installation or assembly;
• Impact of water and/or other liquids during accidents (damage, rupture, freezing) of water supply, sewage, heating, fire extinguishing systems, or ingress of water/liquids from neighboring premises.

 - rupture or freezing of water supply, sewage, heating systems, including taps, meters, batteries, boilers, heaters, fire extinguishing equipment;

 - sudden damage, rupture or freezing of taps, valves, tanks, baths, radiators, boilers directly connected to water supply, sewage or heating systems;

• Other insurance risks.

The specific list of risks is determined by agreement of the Parties in the Insurance Agreement.

Insurance event:

• in property insurance — damage, destruction or loss of the Insured property due to insured risks;
• in financial risk insurance related to loss of ownership rights to real estate — a court decision that entered into legal force during the Agreement term terminating ownership rights (fully or partially) of the Policyholder to the Insured property, causing material losses.

Insurance limitations:
Unless otherwise specified in the Agreement, the following are excluded from insurance and not considered Insured property:

• sewage, drainage pipes, trenches, roads, pavements, railways, dams, reservoirs, surface/underground water bodies, canals, drilling equipment, wells, pipelines, cables, tunnels, bridges, docks, piers, wharfs;
• items in transit by land, rail, air or water transport;
• vehicles permitted on public roads, railway locomotives, rolling stock, self-propelled machinery, watercraft, air and space transport;
• cash, acts, ownership certificates or monetary obligations, banknotes, coins, stamps, securities, bonds, bullion, furs, jewelry, precious metals, antique/classic cars; samples, models, exhibition copies; plans, drawings, manuscripts, photographs; data carriers;
• works of art, collections, stamps, coins, drawings, paintings, sculptures, etc.;
• plants, crops, trees, pastures, animals, birds, fish and other living creatures;
• property in mines, underground, natural resources (oil, gas, deposits), property along seas/oceans shores;
• any property on nuclear power plant territories;
• nuclear reactors, buildings with reactors, any equipment and machinery inside them;
• any property on sites used for nuclear energy or materials production/storage;
• power transmission lines and supporting structures, if insured, located more than 300 m from insured territory;
• unfinished construction, buildings under installation, non-operational premises, and property inside them;
• dilapidated or emergency buildings and their contents, unfit property;
• structures not commissioned per Ukrainian law, and property inside them;
• equipment not for outdoor use, movable property, goods stored outdoors or in open premises;
• property excluded or restricted from circulation by Ukrainian law;
• property in cold storage warehouses or requiring special temperature regimes;
• expired goods;
• goods without detailed accounting by the Policyholder;
• property located in zones officially recognized as disaster, emergency, or war zones, if declared prior to the Agreement.

The insurance sum is determined by agreement of the Parties, within the actual (market) value of the property.
The insurance sum is aggregate, meaning it decreases after an insurance indemnity payment.

The insurance rate depends on the insured object, the list of insured risks, the number of insured objects, information from the description of the insured object indicated in the Insurance Application, and is set at a rate starting from 0.02% of the insurance sum.

The insurance premium is calculated individually as the product of the insurance sum and the insurance rate.

Deductible — unconditional.

It is set from 0% to 10% by agreement of the Parties.

Insurance territory: the address of the Insured property, within the territory of Ukraine.

The insurance contract does not apply:

• to areas of military conflict and mass unrest, temporarily occupied territories of Ukraine defined by Ukrainian law, as well as territories where state authorities temporarily do not exercise their powers, and settlements and territories located on the contact line or within a war zone of any kind, or in close proximity to them (up to 60 km), regardless of the formal recognition of war;
• to territories where a state of emergency has been officially declared, or to areas officially recognized by competent authorities as a zone of potential natural disaster, if such announcement was made before the conclusion of the Contract;
• to property located in insured premises but not insured under the Contract.

Insurance contract validity period – determined by agreement of the Parties at the time of signing; may range from 1 month to 20 years.

The Contract takes effect and insurance coverage begins at 00:00 Kyiv time on the day following payment of the Insurance premium (first installment of the Total premium, if paid in parts), in the amount and within the term specified in the Contract, but not earlier than 00:00 Kyiv time on the date stated in the Contract as the start date. The payment date is considered the date funds are credited to the Insurer’s account.

The Contract and coverage remain valid until 24:00 Kyiv time on the end date specified in the Contract, unless other circumstances provided therein lead to early termination, considering the payment terms.

If the premium is paid in installments, coverage is extended for the next insurance period provided the next installment is paid in full no later than the deadline set in the Contract.

The Contract may stipulate another procedure for commencement and termination by mutual agreement of the Parties.

In case of non-performance or improper performance of the Contract, the Parties bear responsibility in accordance with the legislation of Ukraine.

The Insurer is released from the obligation to pay indemnity for events that occurred while there was overdue debt for payment of the respective part of the premium (if paid in installments).

Failure by the Policyholder to promptly notify the Insurer of an insured event without valid reasons, or failure to fulfill other obligations under the Contract and/or law, if this prevents the Insurer from establishing the fact, causes, and circumstances of the insured event or the amount of damage, is grounds for denial of payment.

The Contract is supplementary to banking services under the Loan Agreement specified in the Contract. In connection with the conclusion of the Contract, there is no need to obtain additional or related services from the Insurer and/or third parties related to the provision of the financial service under the Contract.

Discounts and promotional offers are not available and do not apply.

Before concluding the Contract, the Policyholder (Insured person) must provide the Insurer with information essential for deciding on the conclusion of the Contract and/or determining the premium amount, including data relevant to assessing the insurance risk (probability of an insured event and the possible amount of loss). During the Contract term, the Policyholder must notify the Insurer in writing within 5 (five) working days of any changes in such circumstances.

Essential information includes details such as the Insured person’s age, occupation or profession, place of work, sports activities, and health condition changes, unless otherwise specified in the Contract.

This insurance product requires the consumer to review the information in advance in order to make an informed decision about entering into the contract.

Full information is disclosed in the General Terms of the insurance product “My Lovely Home Credit”, available at: https://uniqa.ua/storage/public-offer/categories/2200_umovy%20(1)_01.07.2024.pdf

Before concluding the insurance contract, the consumer should review information on exclusions (Section 6 of the General Terms), grounds for refusal of payment (Section 10), liability limits of the insurer (Section 5), as well as calculation procedures and payment conditions (Section 9).