Responsibility of operators when using high-risk facilities
Insurance coverage in case of financial liability for the consequences of industrial accidents (including environmentally hazardous ones), fire and other emergencies that may harm third parties or the environment.
We will reimburse the costs of:
- Compensation to victims
- Liquidation of the accident consequences
- Restoration of damaged property of third parties
Request a consultation to learn more about insurance terms and conditions
Protection against risks
Causing damage to third parties and the environment as a result of an emergency during the operation of a high-risk facility in accordance with the terms of the Agreement.
Benefits of insurance in INGO
Features of determining the sum insured
The sum insured is determined separately for each high-risk facility in accordance with the facility class in the amount of the minimum monthly wage established by law as of January 1 of the year of conclusion of the insurance contract:
- For hazard class 1 facilities - 5500 minimum wages
- For hazard class 2 facilities - 4500 minimum wages
- For objects of the 3rd hazard class - 3500 minimum wages
outlook - "Evolving"
11.07.2024
What is the regulation of this type of insurance?
Order of the Ministry of Internal Affairs of Ukraine No. 1081 of 28.12.2023 "On Approval of the Procedure and Conditions for Insurance of Liability of Business Entities and Other Legal Entities Using High Risk Objects for Damage that May Be Caused as a Result of Emergency Situations"
https:// zakon.rada.gov.ua/laws/show/z0147-24#Text
Who should insure liability?
Legal entities that own or use high-risk facilities must
- conclude a liability insurance agreement for the entire period of use of such an object;
- enter into a new liability insurance agreement for a new term, not later than ten business days before the termination of the previous insurance agreement. In this case, the new agreement must enter into force no later than the day following the termination of the previous liability insurance agreement.
What is the term of the insurance contract?
The term of the agreement is set by agreement of the parties, but cannot be less than 1 year.
What is the cost of insurance?
The cost of insurance is calculated individually depending on the class of the facility, the types and quantity of substances on the territory of the facility, the state of fire safety and security at the facility, the existing history of losses, etc.
What are the peculiarities of using a franchise?
A deductible is a share of the loss that the insured pays at his or her own expense. The amount of the deductible is deducted from the insurance payment.
Most often it works like this:
- by agreement of the parties, an unconditional deductible of %, usually 1% of the sum insured, is set for property and environmental damage;
- a zero deductible is set for compensation for damage to life/health.
