Accident insurance

An accident is a short-term event that occurred at a certain time and place under the influence of external factors, occurred suddenly, unintentionally, against the will of the insured person, and caused damage to his or her life and health.

Acute or chronic diseases and their complications (both previously diagnosed and newly diagnosed) caused by external factors, including myocardial infarction, stroke, aneurysm, tumors, functional organ failure, congenital organ anomalies, etc., shall not be considered an accident.

The main factors that affect the cost of a policy include the set of insurance risks and the amount of insurance coverage (i.e., the sum insured). Secondary factors include a person's age, occupation (if insurance is required for employment and/or sports), territory, time and period of the contract.

It is advisable for everyone to have such a policy, but we recommend that it be taken out first of all by persons who, by virtue of their activities, face increased risks of an accident. These are people who are actively involved in sports at the amateur or professional level, as well as people who are engaged in high-risk work. For example, high-risk work includes work at heights, work involving explosives/poisonous substances, work with automatic machines/plants, work on water, and work underwater. Welders, stuntmen, testers, etc. are at greater risk. It is also advisable to insure children who lead an active lifestyle against accidents. Insurance will be relevant for bank borrowers, because in the event of their death, the insurance company will pay the bank the sum insured under the contract and close the loan obligation.

To apply for a policy, you must have a passport of a citizen of Ukraine or a permanent residence permit, a certificate of taxpayer identification number (TIN). If a child is insured, a birth certificate is required if necessary.

Accident insurance is a voluntary type of insurance, so there are no limits to the insurance limits. As an insurance company, we allow our policyholders to determine the appropriate amount of insurance. The recommended minimum is UAH 10 thousand.

Yes. To take out such a policy, you need to contact an insurance company manager who will prepare the necessary contract. Unlike a regular policy, this contract designates the bank as the beneficiary. It should be borne in mind that some banks have their own requirements for such a policy. They determine what the set of insurance risks should be, the amount of sum insured, the duration of the contract, etc. To be sure that your insurance policy meets the bank requirements, we recommend that you find out in advance and have an insurance contract issued with the help of INGO specialist.