Standard insurance product ‘My maximum Casco’ with code 4088

The object of insurance is property held by right of ownership and/or use and/or disposal, namely: a vehicle (hereinafter – the Vehicle) in relation to which the Policyholder has insurable interests.

Under this product, technically sound passenger vehicles are accepted for insurance, including:

• passenger vehicles with up to 9 seats (including the driver’s seat);
• cargo vehicles (cargo-passenger, vans) with a gross weight of up to 3,000 kg (inclusive);
• special vehicles with a gross weight of up to 3,000 kg (inclusive).

Insurance risks:

• Illegal appropriation committed through theft, robbery, assault;
• Traffic accidents, including stones thrown from under wheels, collisions with animals during vehicle movement;
• Unlawful actions of third parties;
• Natural disaster: flood, storm, hurricane, tornado, squall, heavy rain, hail, landslide, avalanche, mudslide, groundwater rise, lightning strike, soil subsidence, earthquake, etc.;
• Fire, explosion, or spontaneous combustion;
• Spontaneous fall of trees, rocks, or other objects; animal attacks; vehicle damage by water or other objects or liquids due to utility network accidents; vehicle damage due to sinking under road pavement (hereinafter – Other cases);
• War risks.

Insurance limitations:

The following are not subject to insurance under this product:

• Vehicles not registered in Ukraine or not subject to state registration;
• Vehicles without a body number (if not provided by the manufacturer or destroyed);
• Vehicles used as taxis, for car sharing, test drives, driving lessons, competitions, as replacement vehicles, or those under lease or rental;
• Vehicles of security companies, carriers (including dangerous goods), public transport, police, State Emergency Service, ambulance, utility services, courier and airport services, military use, demining services;
• Vehicles in a technically defective condition and not permitted for road use under traffic regulations.

The minimum and maximum amount of the insurance sum is not limited.

The amount of the insurance premium depends on the insurance sum and the selected insurance conditions.

Minimum and maximum insurance premium – from 10,000 UAH to 500,000 UAH.

The unconditional deductible is set by agreement of the Parties and chosen by the Policyholder from the options: 0%, 0.5%, 1%, 2% of the insurance sum.

Territory of insurance: Ukraine, European countries and CIS (excluding the Republic of Belarus and the Russian Federation), Georgia, Turkey.

The insurance contract does not apply:

• to the temporarily occupied territories of Ukraine;
• to territories of Ukraine where state authorities temporarily do not exercise their powers, and to settlements located along the demarcation line;
• to territories of military operations of any kind;
• to areas where a state of emergency has been officially declared, or to zones officially recognized by state authorities as areas of potential natural disaster, if such declaration was made before the conclusion of the insurance contract;
• to roads where sports competitions are held.

Term of the insurance contract – 1 calendar year.

The insurance contract takes effect from the date specified in the contract as the start date of its validity, but not earlier than the day following the date of crediting the insurance premium (the first part of the premium, if the total premium is paid in installments) to the Insurer’s current account, in the amount and within the term specified in the insurance contract.

If the consumer fails to fulfill the obligations defined by the insurance contract, payment of insurance compensation may be refused.

The insurance product is not an add-on to other goods, works, or services that are not insurance-related.

Discounts and promotional offers are not provided for this insurance product.

Information essential for the Insurer’s decision on the insurance premium under the contract and the assessment of the insurance risk includes details about:

• the insured vehicle as specified in the vehicle registration certificate;
• the country of origin of the vehicle;
• drivers authorized to operate the insured vehicle;
• the main territory of use, nature and/or intensity of operation of the vehicle;
• the technical condition of the vehicle;
• any existing damage or identified hidden defects;
• losses related to the insured vehicle that occurred before the conclusion of the insurance contract (including under contracts with other insurers);
• all active insurance contracts concluded in relation to the insured vehicle;
• the existence of legal grounds or other legal relations establishing an insurable interest for the Policyholder and the Beneficiary regarding the vehicle;
• any change of ownership of the vehicle (sale, donation, etc.), issuance of a power of attorney with the right to dispose of the vehicle to another person, conclusion of a preliminary sales agreement, or receipt of a deposit;
• replacement of the body or engine, installation of additional equipment and/or replacement of vehicle components with ones different from those accepted for insurance, including modifications requiring registration of such changes with the competent authorities, registration (re-registration) of the vehicle;
• removal of the vehicle from state registration, cancellation of registration;
• the vehicle being under search, arrest, or encumbrance (except encumbrance related to the fulfillment of contractual relations of the Policyholder with the Beneficiary);
• transfer of the vehicle for rent/sublease, hire, car sharing, pledge, leasing/subleasing, or use as a taxi;
• loss of registration documents and/or keys to the insured vehicle and/or key fobs, remote controls for the alarm system;
• errors, malfunction of computer equipment, software, or built-in microchips, components;
• breakdown, removal, deactivation, or replacement of anti-theft devices.