Accident insurance

The insurance contract covers capable individuals who are residents and non-residents of Ukraine, aged 1 to 65 years, or it can be issued in favor of any individual (e.g., a child).

What can be insured against?

The contract allows coverage against an accident - a sudden, brief, and unintentional event beyond the insured person’s control that results in health impairment or death, specifically:

• Injuries sustained by the insured (bruises, fractures, dislocations, tears, and wounds) either at home and/or at work, including as a result of third-party criminal actions or traffic accidents;
• Drowning;
• Burns, frostbite;
• Electric shock or lightning strike;
• Accidental acute poisoning by chemicals (household or industrial), medications, poisonous plants, or substandard food products (excluding foodborne infections like dysentery, salmonellosis);
• Animal, venomous insect, or snake bites;
• Diseases such as tick-borne encephalitis or poliomyelitis;
• Organ ruptures (injuries) or removal due to medical errors.

What coverage amount can be chosen?

The insured amount is determined by mutual agreement between the Insurer and the Policyholder at the time of the insurance contract's conclusion.

How much does insurance cost?

The insurance premium depends on the selected terms and conditions.

What is paid out?

Insurance payouts are made according to the payout scheme selected by the Policyholder at the time of contract signing:

1. Scheme 1 involves payouts as a percentage of the insured sum:
   • For each day of temporary disability of the insured due to an accident;
   • For permanent disability (determined by the assignment of a disability group) caused by an accident;
   • In the event of the insured’s death due to an accident.
2. Scheme 2 involves payouts as a percentage based on:
   • The nature of the health impairment;
   • The death of the insured due to an accident.

Under Scheme 1, payouts are as follows:

• In the event of the insured’s death - 100% of the insured sum is paid;
• In the event of permanent disability:
  • Group I - 100% of the insured sum;
  • Group II - 75% of the insured sum;
  • Group III - 50% of the insured sum.
• For temporary disability - a payout of 0.5% of the insured sum is made for each day of disability, but not more than 50% of the insured sum for the entire period of temporary disability.

Under Scheme 2, payouts are made as follows:

• In the event of the insured’s death - 100% of the insured sum;
• A specific percentage of the insured sum is paid for each injury. If the insured person sustains multiple injuries, the payout amount is determined by summing up payments for each injury but cannot exceed the insured sum established for the insured person.

What is the duration of the insurance contract?

The duration depends on the selected terms and conditions.

What is the coverage area of the insurance contract?

Ukraine.

What Documents Are Required to Conclude an Insurance Contract?

• Passport;
• Tax identification number certificate (originals or copy);
• Child’s birth certificate.