MTPL insurance policy
Advantages of opening of insurance policies in the Bank’s offices:
- Quick opening of service due to fixed cost of policy;
- Possibility to open policy during visit to any outlet of the bank;
- Receipt of policy, sticker and European protocol at the place of opening, that is the outlet of the bank.
To open insurance policy you should do only 4 steps:
Through the network of the bank’s outlets:
- To provide necessary documents (in accordance with requirements of the insurance company) at the outlet of the Bank;
- To provide the bank employee with the information for filling-in the questionnaire in online system of insurance products sale;
- To pay insurance payment at the cash desk of the bank or using current account opened with the bank;
- To get the policy, sticker and protocol filled in by the employee of the bank.
Through Information Centre of the Bank:
- To fill in the questionnaire at the website of the bank or with help of the employee of the Information Centre;
- To provide necessary documents (in accordance with requirements of insurance company) to the outlet of the Bank;
- To pay insurance payment at the cash desk of the bank or using current account opened with the bank;
- To get the policy, sticker and protocol filled in by the employee of the bank.
Tariffs and terms and conditions:
The basic annual insurance payment is calculated by Motor (Transport) Insurance Bureau of Ukraine and makes UAH 180.00. This amount depends on selected type of insurance agreement, type of motor vehicle, territory of priority use and sphere of motor vehicle use, availability or absence at the insured of the legally proven attempts of fraud with insurance and term of insurance agreement.
The legislation of Ukraine provides for the insurance amount (limit of liability) for the damage caused to property of the injured persons in amount of UAH 50 thousand per each damaged motor vehicle (but not more than UAH 250 thousand). The limit of liability for damage caused to life and health of the injured persons makes UAH 100 thousand per each injured person.
Since 19 September, 2011 in view of amendments in law, when concluding insurance agreement, the insurer grants the insured free a form of Notice on road traffic accident (European Protocol). The registration of road traffic accident by making European Protocol provides the opportunity not to call to the accident site the employees of the State Road Inspection only under condition of meeting all of the following requirements:
• absence of traumatized (dead) people as a result of road traffic accident;
• agreement of drivers of motor vehicles regarding circumstances of road traffic accident;
• availability of insurance agreements issued after at 19 September, 2011 at drivers of motor vehicles;
• amount of damage caused to property does not exceed UAH 10 thousand.
In case of failure to meet one of the requirements above the call of the employees of the State Road Inspection to register the accident is obligatory.
If as a result of the road traffic accident more than one motor vehicle was damaged, necessarily the separate European Protocol is made with each participant of the road traffic accident.
The insured is obliged not later than in three working days after the date of road traffic accident to provide the insurer the agreed form of the European Protocol.
Documents required to open policy:
- document proving the identity of the insured (driving license, passport, etc) or document confirming belonging to preferential category (certificate of the war participant, disabled person of II group, certificate of pensioner, etc.);
- certificate on identification number record;
- certificate on registration of motor vehicle (technical passport);
- protocol on check of technical condition of motor vehicle subject to obligatory technical control (ОТC).
Answers for questions:
Who can be the insured?
Legal entities and legally capable citizens. Non-residents may be the insured, if the term of their “Green Card” policy is expired.
What is the insurance event?
The event in result of which the damage was caused to third parties during road traffic accident with the participation of the insured motor vehicle and resulting in civil-law liability of the person who drove motor vehicle.
Who is the injured person?
Legal entities and individuals to the life, health and/or property of which the damage was caused in result of road traffic accident with participation of the insured motor vehicle.
Does the insurance agreement provide for franchise?
The franchise may not exceed 2% of limit of liability for damage caused to property of injured person (UAH 1000). In case of reimbursement for damage caused to life and/or health of injured person the franchise is not applied.
What is the territory of insurance coverage of policy of compulsory civil liability motor-vehicle insurance?
Exclusively in the territory of Ukraine.