Showing posts from 2025

What in the insurance policy can be considered influenza?

Insurance against a runny nose: What in the policy can be considered "flu"? As winter approaches, many of us catch colds and start sneezing and coughing. Some insurers offer special voluntary medical insurance programs for those who get the flu or acute respiratory diseases every winter. Can such a policy protect its holder from seasonal illnesses? Insurance companies engaged in voluntary health insurance (VHI) have not yet developed a general approach to protecting against the flu. Some have offered citizens vaccinations followed by insurance against the disease itself. For example, about a month ago, GUTA Insurance announced a VHI program called "Protection from Influenza." This program provides mandatory vaccination against influenza using vaccines recommended by the WHO and pays compensation in case of illness or complications within a year after vaccination. In other words, the vaccine's effectiveness is assumed to last a year. The policy, which has an i...

Should cargo be insured if liability is insured?

Should the cargo be insured if the carrier/freight forwarder's liability is insured? All transportation operations related to cargo transportation are inextricably linked to damage, loss or destruction of cargo as a result of various circumstances. In the civilized world transportation of cargoes without insurance is practically impossible, so most of the companies choose to pay a small insurance premium compared to the real value of the cargo, so that in case of problems with the cargo to solve them at the expense of insurance. Quite often it is possible to hear a wrong judgment from cargo owners that if the carrier's liability is insured, then in case of unsafe delivery of cargo - the cargo owner will receive compensation in any case and accordingly the question may arise - whether it is necessary to additionally insure their cargo? This situation today is very relevant for many cargo owners who want to save money on insurance. Therefore, I would like to analyze this issu...

5 tips for car tourists (Green Card)

5 Tips for Car Tourists (“Green Card”) To ensure that your car trip abroad goes smoothly, consider these 5 tips from MTIBU Director General Volodymyr Shevchenko on how the international system of motor third party liability insurance “Green Card” works. Tip #1. Preparation is half the battle When you plan to travel abroad by car, take care not only of preparing your own documents, but also check in advance whether you will be able to cross the border. One of the prerequisites for crossing the border for a car owner is a valid Green Card certificate. It is better to buy it at the offices of full MTIBU member insurers that have the appropriate license, rather than relying on the possibility of concluding a contract directly at the border. Today, 10 insurers have the right to conclude such contracts. Important: the Green Card policy is concluded in paper form; there is no electronic version of the policy yet. Tip #2. It is better to overpay than to get a fine There are two categori...

New technologies in life insurance

New technologies in life insurance The insurance market is becoming increasingly digital. More and more insurance products are being sold online, remote claims settlement services are being developed, and new insurance products are being offered. Against this backdrop, the life insurance segment stands out somewhat, driven by savings and investment insurance products. Obviously, these are not the types of insurance that can be successfully marketed remotely through online channels due to individual customer requirements and the need for professional advice from the insurer. However, innovative technologies in the insurance sector - InsurTech - make it possible to implement various solutions in this segment that allow the company and its agents to promote "life" more effectively and make this service more understandable, convenient and personalized for customers. First of all, digitization makes it possible to simplify communication with the customer during the life of the...

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