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Liability insurance of car owners
Civil liability insurance for owners of land transport (including carrier's liability) Motor vehicle liability insurance (including carrier liability) is a type of insurance under which the subject of the insurance contract are property interests not inconsistent with the law on compensation for damage caused by the Insured or another person whose civil liability is insured to life, health, working capacity, property of third parties, including owners of cargo and baggage (cargo), during operation of a motor vehicle and transportation or forwarding. This type of insurance provides for the Insurer's obligation to pay indemnification in accordance with the insurance policy for the amount (premium, insurance payment, insurance premium) established by the insurance policy for damage caused to life, health, working capacity and/or property of third parties by a person whose civil liability is insured while operating the land vehicle specified in the insurance policy and performi...
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Liability Insurance
Liability insurance Civil liability insurance (other than that provided for in paragraphs 12-14 of Article 6 of the Law of Ukraine "On Insurance") is a type of insurance other than civil liability insurance of owners of land, air and water transport (including carrier's liability), where the subject of the insurance contract are property interests that do not contradict the law on compensation for damage caused by the insured or another person whose civil liability is insured to life, health, ability to work or property of third parties. This type of insurance provides for the Insurer's obligation to pay indemnification in accordance with the terms of the insurance policy for damage caused to the life, health, working capacity and/or property of a third party by the person whose civil liability is insured as a result of his/her activities as specified in the insurance regulations and the insurance policy. Watercraft Owners' Liability Insurance (including Carr...
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Railway transport insurance
Railway transport insurance Insurance of railway transport - a type of insurance, according to which the subject of the insurance contract is property interests, which do not contradict the law, related to the ownership, use and disposal of a railway vehicle (rolling stock). This type of insurance provides for the insurer's obligation to pay the insurance indemnity in accordance with the terms of the insurance contract for the fee established by the insurance contract (insurance premium, insurance payment, insurance premium) by indemnifying the insured or another person specified by the insured in the insurance contract (beneficiary) for loss, incurred by them in connection with damage, destruction or loss of the insured railway vehicle (individual units of rolling stock) and, if provided for by the rules and the insurance contract, additional equipment to it. The conditions of voluntary insurance of railway transport may provide for insurance against fire risks and risks of n...
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CASCO Insurance
CASCO Insurance CASCO (from the Italian word casco - helmet) is the insurance of a vehicle against risks that may arise during the operation of the vehicle. "Full CASCO" means insurance against all possible risks, while "partial CASCO" covers only some risks. CASCO insurance means only insurance of the vehicle itself and does not include insurance of liability to third parties, insurance of the driver and passengers, property (cargo insurance) transported in the vehicle. Objects of insurance The subject of the motor hull insurance are means of land transport - trucks, cars, special cars, motorcycles, trailers and some other vehicles owned by legal entities or natural persons, including additional equipment and facilities, which are in the possession of the Insured on the basis of ownership, use or disposal. The insurance is provided at rates that depend on the type of vehicle, its age, value, type of use and storage conditions. This type of insurance also tak...
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Marine insurance
Marine Insurance (Maritime, inland and other water transportation) Insurance of water transport (inland water transport and other types of water transport) is a type of insurance where the subject of the insurance contract are property interests, not contrary to the law, related to ownership, use and disposal of water transport facilities, their machinery and equipment. This type of insurance provides for the Insurer's obligation to pay indemnity in accordance with the terms and conditions of the insurance contract (insurance premium, insurance payment, insurance premium) by compensating the Policyholder or another person designated by the Policyholder in the insurance contract (beneficiary) for the loss incurred as a result of damage, destruction or loss of the insured water transport vehicle and, if provided for in the insurance contract and the insurance terms and conditions, the following The terms and conditions of voluntary water transport insurance (marine, inland water...
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