The object of insurance is life, health, and working capacity;
Insurance risks are events that happened to the Policyholder (Insured Person) during and within the territory of the insurance contract, namely:
1. temporary loss of general working capacity by the Policyholder (Insured Person) for at least 5 days as a result of an accident.
2. permanent loss of general working capacity by the Policyholder (Insured Person) (establishment of primary disability of group I, II or III) as a result of an accident
3. death of the Policyholder (Insured Person) as a result of an accident
Insurance amount (liability limit specified in the individual part of the insurance contract)
The minimum insurance amount is 3,000 hryvnias, and the maximum amount is 1,000,000 hryvnias.
The actual insurance rate is determined as the product of the base insurance rate multiplied by the coefficients. The amount of the insurance rate may be specified in the individual part of the insurance contract.
The base insurance rate is 1%.
The insurance premium is determined as the product of the sum insured and the actual insurance rate.
The amount of the insurance premium is specified in the individual part of the insurance contract. The insurance premium is paid by the Insured in a single payment when concluding the insurance contract. Without payment of the insurance premium, the insurance contract does not come into force at all.
When paying the insurance premium by bank transfer, banking institutions may charge a commission in accordance with the applicable rates.
In case of non-payment of the insurance premium by the date specified in the contract as the start date of the insurance period, 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 payment of the insurance premium shall not be considered insured and shall not be subject to coverage (compensation).
Franchise does not apply
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 Reintegration of the Temporarily Occupied Territories of Ukraine dated 22 December 2022 or other regulations governing the formation of a list of territories where (were conducted) combat operations, or other regulatory acts of the relevant state authority as of the date of the occurrence of the event that has the characteristics of an insured event
Failure to report an insured event in a timely manner without valid reasons may be grounds for refusal 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 ancillary to other goods, works or services that are not insurance products.
Discounts do not apply to this product, and there are no promotional offers available.
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.
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:
- exceptions to insured events and grounds for refusal to make insurance payments;
- limits of the insurer's liability for a specific 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 ‘Accident Insurance’, which is valid at the time of conclusion of the Contract and is available at the link , as well as in the General Terms and Conditions of the insurance product ‘Accident Insurance’, which are available at the link https://eurotravelins.com.ua/ua/strakhovi-produkti-dlja-fizichnikh-osib/translate-to-ukrainian-strakhovanie-ot-neschastnogo-sluchaja/
