CASCO 50/50

1. Insurance Object
The insured object is property held under the right of ownership, use, or disposal, namely: a vehicle (hereinafter referred to as the Vehicle), which is associated with the insurance interests of the Policyholder.

Under this product, technically sound passenger vehicles, motorcycles, trailers, and additional equipment not included in the factory configuration are eligible for insurance.

2. Insurance Risks and Limitations
Insurance Risks:

• Illegal possession, including theft, robbery, or armed robbery;
• Traffic accidents (including stones thrown from under wheels, collisions with animals while driving);
• Illegal actions by third parties;
• Natural disasters: flood, storm, hurricane, tornado, rainfall, hail, avalanche, landslide, lightning strike, soil subsidence, earthquake, etc.;
• Fire, explosion, or spontaneous combustion;
• Accidental falling of trees, stones, or other objects; attacks by animals; damage caused by water or other substances due to accidents in utility networks; damage resulting from the Vehicle falling through the road surface (hereinafter referred to as "Other Cases");
• Military risks.

Insurance Limitations:
The following are not eligible for insurance under this product:

• Vehicles not registered in Ukraine or not subject to state registration;
• Vehicles in a technically faulty condition and not permitted for road use under traffic regulations;
• Vehicles without a chassis number (including destroyed numbers) and/or license plates;
• Vehicles used as taxis, for car-sharing, test drives, training, competitions, substitute vehicles, or rentals;
• Vehicles older than 15 years;
  Vehicles other than passenger cars, trailers, and motorcycles (e.g., cargo vehicles, their trailers, agricultural machinery);
• Vehicles of security companies, carriers (including dangerous goods), public transport, police, emergency services, municipal services, courier delivery services, airports, military purposes, and demining services;
  Vehicles in collateral or leasing.

3. Minimum and Maximum Insurance Sum
The minimum and maximum insurance sum are unlimited.
The insurance sum is non-aggregate, agreed upon by the Parties, and must correspond to the actual value of the Vehicle at the time the insurance contract is concluded.

4. Minimum and Maximum Insurance Premium and Rate
The insurance rate ranges from 1.25% to 13.9% of the insurance sum.
If an additional insurance payment is made after an insured event, the new insurance rate equals the original rate multiplied by 2.

5. Type and Deductible Amount
An unconditional deductible is set by agreement of the Parties and chosen by the Policyholder within the range of 0% to 5% of the insurance sum.

A 0% deductible applies regardless of the selected deductible if the Policyholder is not at fault in a traffic accident (client bonus).
In other cases, the following deductibles apply:
- 2.5% of the insurance sum if the driver during the accident was younger than the minimum age specified in the contract;
- 5% of the insurance sum or UAH 15,000 (whichever is greater) if the average monthly mileage of the Vehicle exceeds 5,000 km for risks such as Traffic Accidents, Third-Party Actions, and Other Cases (for Vehicles with an insurance sum up to UAH 500,000).

6. Insurance Territory and Contract Term
Insurance Territory:
Ukraine, European countries, CIS countries (excluding Belarus and the Russian Federation), Georgia, and Turkey.

The insurance coverage does not apply to:

• Temporarily occupied territories of Ukraine;
• Areas where Ukrainian state authorities temporarily do not exercise their powers, including settlements along the line of demarcation;
• Areas of military actions;
• Regions officially declared as disaster zones before the contract conclusion;
• Roads where sports competitions are held.

Contract Term:

Standard and maximum term: 1 calendar year.

Short-term contracts are available, with a minimum duration of 1 month.
The contract becomes effective on the start date specified in the contract but no earlier than the day after the insurance premium is credited to the Insurer's account.

7. Consequences of Non-compliance
Failure to meet obligations under the contract may result in denial of compensation.

8. Standalone Purchase
This insurance product is not supplementary to other goods or services.

9. Discounts and Promotional Offers
No discounts or promotional offers are available.

10. List of information essential for assessing insurance risk and/or other circumstances considered when determining the amount of the insurance premium

The information essential for the insurer’s decision on the insurance premium amount under the contract and the assessment of insurance risk includes details on:

• 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 primary area of use, the nature and/or intensity of vehicle operation, the vehicle’s technical condition, any existing damages, and detected hidden defects;
• losses related to the insured vehicle that occurred before the contract was concluded (including those covered under insurance contracts with other insurers);
• all active insurance contracts concluded for the insured vehicle;
• the presence of legal grounds or other legal relationships establishing the Policyholder’s and Beneficiary’s insurable interest in the vehicle;
• changes in vehicle ownership (sale, donation, etc.), issuance of a power of attorney granting another person the right to manage the vehicle, signing a preliminary purchase agreement for the insured vehicle, receipt of a deposit;
• replacement of the vehicle’s body or engine, installation of additional equipment and/or replacement of vehicle components different from those originally insured, including modifications requiring registration of such changes with competent authorities, as well as vehicle registration (re-registration);
• deregistration of the vehicle or cancellation of its state registration;
• the vehicle being listed as stolen, under arrest, or subject to encumbrance (except for encumbrances related to the fulfillment of contractual obligations between the Policyholder and Beneficiary);
• leasing/subleasing, renting, car-sharing, pledging, or using the vehicle as a taxi;
• loss of registration documents and/or keys to the insured vehicle and/or key fobs, remote controls for the vehicle’s alarm system;
• errors, malfunctions in the operation of computer equipment, software, or embedded microchips, components;
• breakdown, removal, deactivation, or replacement of anti-theft devices.

Disclaimer: Before signing the insurance contract, it is necessary to review the information on exclusions from insurance cases, grounds for refusal of insurance payments, liability limits of the insurer for a specific insured object, insurance risk, and/or insurance case, as well as the calculation procedure and conditions for making insurance payments at the following link:https://uniqa.ua/storage/insurance-products/reports-files/4609_umovy_13.06.2024.pdf