The subject of insurance is life, health, working capacity; and/or possible losses or expenses; and/or liability for harm caused to a person or their property.
Insurance risks are events that have occurred to the Policyholder (Insured Person) during the period (taking into account the temporary deductible) and within the territory covered by the insurance contract, upon the occurrence of which the Policyholder (Insured Person) incurred or may incur expenses for the provision of emergency qualified medical or other necessary assistance, namely:
1. in connection with the illness of such person, the deterioration of their health as a result of an accident or other event for which insurance is provided, namely: receipt of emergency medical care, emergency medical services, including the provision of medicines and/or medical devices, and/or other services (assistance) of a specific list and quality to the extent provided for in the insurance contract;
2. appeal by the heirs of the Policyholder (Insured Person), in the event of his/her death as a result of a sudden illness or accident during the term of the insurance contract, in connection with the need to cover the costs associated with the repatriation of the Policyholder (Insured Person);
as well as:
the Insured Person sustaining traumatic injury (injuries) as a result of an accident or the death of the policyholder (Insured Person) as a result of an accident.
Within the limits of insurance classes 18 and 1, cases related to military risks as understood in these insurance terms and conditions are also covered.
The sum insured is specified in the individual part of the insurance contract both in currency units and in the equivalent of this amount in hryvnia.
The sum insured is converted into hryvnia at the exchange rate of the National Bank of Ukraine (NBU) as of the date of conclusion of the insurance contract.
The sum insured for class 18 is:
an amount equivalent to EUR 30,000 at the time of conclusion of the contract;
The insurance amount for class 1 is:
the minimum insurance amount is the amount equivalent to EUR 15,000 at the time of conclusion of the contract; the maximum amount is the amount equivalent to EUR 30,000 at the time of conclusion of the contract (provided that the Insurer offers such an insurance amount).
The actual insurance rate is determined as the product of the base insurance rate multiplied by the coefficients. The insurance rate may be specified in the individual section of the insurance contract.
The base insurance rate for one day of insurance is:
- for class 18 – 0.01%
- for class 1 – 0.0333%
The insurance premium is calculated as the product of the sum insured and the actual insurance rate.
The insurance premium is specified in the individual part of the insurance contract.
Insurance premiums are paid by the Policyholder in a single payment for the entire term of insurance upon conclusion of the insurance contract. Without payment of the insurance premium, the insurance contract does not come into force at all.
In case of non-payment of the insurance premium by the date specified in the contract as the start date of the insurance term, the insurance contract may come into force on the date following the date of payment of the insurance premium. In this case, the period for which the insurance premium was not paid shall be included in the total term of the contract. All cases that occurred before the insurance premium was paid shall not be considered insured and shall not be subject to coverage (compensation).
Unconditional deductible: not applicable.
Temporary deductible: If an insurance contract is concluded during a stay in Ukraine less than three days before the start of the insurance term (period), a temporary deductible of 48 hours will apply, calculated in accordance with the Civil Code of Ukraine, starting from the day following the date specified as the start of the insurance term (period). The temporary deductible period is included in the total term of the contract. All cases and services that occurred or were provided during the temporary deductible period are not considered insured and are not subject to coverage.
The territory covered by the insurance is specified in the individual section of the insurance contract as the geographical area of Ukraine.
However, the insurance contract does not apply to:
● temporarily occupied territories of Ukraine;*
● territories of Ukraine where active hostilities are taking place;*
● areas where a state of emergency or threat of natural disaster has been officially declared, unless otherwise specified in the insurance terms and conditions;*
*the list of territories is established in accordance with Order No. 309 of the Ministry for the Reintegration of the Temporarily Occupied Territories of Ukraine dated 22 December 2022. or others that will regulate the formation of a list of territories where combat operations are (were) conducted, or another regulatory act of the relevant state authority as of the date of the occurrence of an event that has the characteristics of an insured event.
Failure to notify the insurer of an insured event in a timely manner without valid reasons may be grounds for refusing to pay insurance benefits.
If the insurance premium is not paid in the amount and within the time limits specified in the contract, the contract shall be deemed not to have been concluded and the insurance cover shall not be valid.
The product is not supplementary to other goods, works or services that are not insurance-related.
Discounts do not apply to this product, and there are no promotional offers.
The policyholder must provide accurate information about the age of the insured person, whether they perform physical work for hire and/or engage in sports during the term of the insurance contract, as well as their location on the date of conclusion of the insurance contract.
When insuring persons aged 65 and over and/or engaged in physical labour and/or active tourism (leisure activities), a surcharge shall apply.
Please note that before concluding an insurance contract, the Policyholder MUST familiarise themselves with the following information:
- the procedure for determining the start of the insurance period;
- exclusions from insured events and grounds for refusal to make insurance payments;
- limits of the insurer's liability for a separate object of insurance;
- insurance risk and/or insured event;
- the procedure for calculating and conditions for making insurance payments.
This information is contained in the Information Document on the standard insurance product "Travel Insurance for Foreigners
Travelling in Ukraine with Coverage of Military Risks ‘INCOMING WAR Risks’", which is valid at
the time of conclusion of the Agreement and is available at the link , as well as in the General Terms and Conditions of the insurance product
"Travel Insurance for Foreigners Travelling in Ukraine with Coverage of Military Risks
‘INCOMING WAR Risks’‘, available at the link https://eurotravelins.com.ua/ua/strakhovi-produkti-dlja-fizichnikh-osib/translate -to-ukrainian-insurance-for-foreigners-travelling-in-ukraine/?print=y%2F%2F%2F%2F%2F%2F%2F%2F%2F%2F%2F%2F%2F%2F
