Complex motor insurance provides insurance protection of owner (user) of the vehicle priced up to UAH 150 000.00 and foresees simultaneous conclusion of Contract on three lines of insurance:
1. Motor CASCO insurance – property insurance of vehicle priced up to UAH 150 000.00 that covers the risk of damaging, destroying the insured vehicle as a result of road traffic accident;
2. Voluntary casualty insurance of vehicle driver (life and health). Insurance covers:
2.1. temporary disability caused by the accident;
2.2. sustained disability (disability group) caused by the accident;
2.3. death caused by the accident;
Insurance reimbursement is paid depending on the injury level in per cents to insured sum (UAH 10 000.00).
3. Insurance of motor third party liability of vehicle owner (user). The Insurant can choose the following variants of insurance:
3.1. Variant 1 – obligatory insurance of motor third party liability of vehicle owners, according to the Law of Ukraine of 01.07.04 № 1961-IV with subsequent alterations and amendments.
Obligatory liability limit:
- for damage caused to the property of the victim – UAH 50 000 per one damaged party (if there are more than 5 damaged parties the five-time amount of liability limit is divided between all parties);
- for damage caused to life and\or health – up to UAH 100 000 per each damaged party.
3.2. Variant 2 – additional voluntary insurance of motor third party liability of vehicle owners (in case the Insurant wants to additionaly increase the insurance coverage above UAH 50 000.00 for loss caused to the property of victims).