Withdrawal from the insurance contract

1. When you can cancel an insurance contract

The Insured has the right to withdraw from the concluded insurance contract without giving any reason. This may be done within 30 calendar days from the date of conclusion of the contract by submitting a relevant application to the INGO.

In the case referred to in the second paragraph of part one of Article 97 of the Law of Ukraine "On Insurance", the insured has the right to withdraw from the insurance contract within 45 days.

If within the specified period (30 or 45 days) no event with signs of an insured event has occurred, INGO shall refund the paid insurance premium to the Insured in full.

2. How to apply

Applications for withdrawal from the Insurance Agreement in accordance with Article 107 of the Law of Ukraine "On Insurance" and refund

Form of application for withdrawal from the insurance contract

3. Withdrawal from the insurance contract is not possible if:

  • the term of the insurance contract is less than 30 calendar days
  • under this insurance contract, the occurrence of an event with signs of an insured event has been reported