Standard insurance product ‘My maximum Casco’ with code 4605 / 4615

The object of insurance is property under the right of possession and/or use and/or disposal, namely: a vehicle (hereinafter referred to as a vehicle), with which the insured's insurance interests are related.

Under this product, technically sound passenger vehicles, motorcycles and trailers, as well as additional equipment for them that is not included in the factory configuration, are accepted for insurance.

Insurance risks:

• Illegal appropriation committed by theft, robbery, robbery;
• Road accidents, including throwing stones from under the wheels of transport, collision with animals while the vehicle is moving;
• Unlawful actions of third parties;
• Natural disaster: flood, storm, hurricane, tornado, storm, downpour, hail, landslide, avalanche, landslide, groundwater outage, mudslide, lightning strike, soil subsidence, earthquake, etc.;
• Fire, explosion or spontaneous combustion;
• Unauthorized fall of trees, stones or other objects; animal attack, damage to the vehicle by water or other objects or liquids due to a utility network failure; damage to the vehicle due to the vehicle falling under the road surface (hereinafter referred to as Other Cases);
• War risks.

Insurance limitations:

The following vehicles are not eligible for insurance under this product:

• vehicles that are not registered in Ukraine or are not subject to state registration;
• vehicles that are in a technically defective condition and cannot be admitted to road traffic in accordance with the requirements of the Road Traffic Regulations;
• vehicles without a body number (including if it is destroyed) and/or license plates;
• vehicles used as taxis, for training rides, as replacement vehicles, leased, rented or car-sharing, participating in competitions or test drives;
• vehicles older than 15 years;
• vehicles of other types than passenger vehicles, their trailers and motorcycles;
• vehicles of security companies, carriers (including dangerous goods), public transport, security companies, police, State Emergency Service, ambulance, utility services, courier and airport delivery services, military purposes, demining services;
• vehicles that are pledged or leased.

The minimum and maximum amount of the sum insured shall not be limited.

The sum insured shall be non-aggregate, set by agreement of the Parties and shall correspond to the actual value of the vehicle at the time of conclusion of the insurance contract.

The insurance tariff can range from 0.65% to 21% of the insured amount.

The unconditional deductible is established by agreement of the Parties and is selected by the Insured from options ranging from 0% to 5% of the insured amount. In this case:

• 0% deductible applies regardless of the deductible selected under the insurance contract, if the accident is not the fault of the Insured (bonus for the client);
• in any case, a deductible of the following applies:
  
  • 2.5% of the sum insured – if at the time of the accident a person younger than the age specified in the insurance contract among the drivers allowed to drive was behind the wheel;
  • 5% of the sum insured or UAH 15,000 (whichever is greater) – if the average monthly mileage of the vehicle from the moment of concluding the insurance contract until the date of the insured event under the risks of an accident, Unlawful actions of third parties and Other cases exceeds 5,000 km (exclusively for vehicles with an insured amount of up to UAH 500,000).

Insurance territory: Ukraine, European and CIS countries (except the Republic of Belarus and the Russian Federation), Georgia, Turkey.

The insurance contract does not apply to:

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

The standard and maximum term of the insurance contract is 1 calendar year.

It is possible to conclude short-term insurance contracts with a minimum validity period of 1 month.

The insurance contract enters into force on the date specified in the insurance contract as the date of commencement of the insurance contract, but not earlier than the date following the date of crediting the insurance premium (the first part of the premium, if the total insurance premium is paid in installments) to the Insurer's current account in the amount and within the period specified in the insurance contract.

In case of failure by the consumer to fulfill the obligations specified in the insurance contract, the payment of insurance compensation may be refused.

The insurance product is not additional to other goods, works or services that are not insurance.

The insurance product does not provide for promotional offers. Policyholders can receive a discount of up to 25% for continuous prolongation in case of accident-free (loss-free) operation of the car.

Information that is essential for the Insurer to make a decision on the amount of the insurance premium under the contract and assess the insurance risk includes information about:

• the insured vehicle, as provided for in the vehicle registration certificate,
• the country of origin of the vehicle, drivers allowed to drive the insured vehicle, the territory of primary use, the nature and/or intensity of operation of the vehicle, the technical condition of the vehicle, existing damage, and detected hidden defects;
• losses to the insured vehicle that occurred prior to the conclusion of the insurance contract (including under insurance contracts of other insurers);
• all valid insurance contracts concluded in respect of the insured vehicle;
• the existence of legal grounds or on the basis of other legal relationships of the Insured and the Beneficiary's Insured Interest in the vehicle;
• change of vehicle owner (sale, donation, etc.), issuance of a power of attorney with the right to dispose of the vehicle to another person, conclusion of a preliminary purchase and sale agreement for the insured vehicle, receipt of a deposit;
• replacement of the body or engine, installation of additional equipment and/or replacement of vehicle components with those other than those accepted for insurance, including re-equipment requiring registration of such changes with the competent authorities, registration (re-registration) of the vehicle;
• removal of the vehicle from state registration, cancellation of state registration;
• being wanted, under arrest or encumbrance (except for encumbrance related to the performance of contractual relations between the Insured and the Beneficiary);
• transfer of the vehicle for rent / sublease, rental, car sharing, pledge, leasing / subleasing, use of the vehicle as a taxi;
• loss of Registration Documents and/or keys to the insured vehicle and/or key fobs, alarm remotes to the insured vehicle;
• errors, malfunctions of computer equipment, software or built-in microcircuits, components;
• breakage, removal, deactivation or replacement of anti-theft devices.