COMPULSORY MOTOR THIRD PARTY LIABILITY
CMTPL for business
Compulsory civil liability insurance is carried out to ensure compensation for damage caused to the life, health and/or property of victims as a result of a traffic accident, as well as to protect the property interests of policyholders.
An insured event under the Civil Liability Insurance Act is a traffic accident that occurred with the participation of an insured vehicle, as a result of which damage was caused to third parties and the civil liability of the person who entered into a contract of mandatory civil liability insurance arises.
Peculiarities and advantages of insurance under CMTPL from "GRAWE Ukraine"
The possibility of free consultations with the Customer Service Center
Assistance in drawing up the necessary documents
Payment of insurance compensation within 15 days from the moment of receipt of all documents
Important insurance details
Legal entity
It depends on the type of vehicle, the owner's place of registration and the term of the contract
Ukraine
One year
Sizes of insurance sums
The size of the insurance sum for damage caused to the victims' property is UAH 160,000 per victim.
The amount of the insurance sum for damage caused to the life and health of the victims is UAH 320,000 per victim
The amount of the insurance sum for damage caused to the property of the victims, in case of execution of the Europrotocol, is UAH 80,000 per victim.
Since September 19, 2011, it became possible to use the European protocol for registration of traffic accidents in Ukraine.
The Europrotocol is a special form, of a standardized form throughout Europe, which is filled out by drivers involved in road accidents at the scene of a road traffic accident. Subsequently, the completed Europrotocol is submitted to the insurance company and serves as the basis for payment of insurance compensation. The introduction of such a document promises to save time for registration of road accidents and shorten the terms of payment of insurance compensation.
Participants in road accidents can use the European protocol in the following cases:
• All participants in road accidents have a Compulsory Motor Third Party Liability insurance policy of car owners.
• Damages were caused only to property, not to the life and health of any of the participants in the road accident.
• The participants in the road accident do not disagree about the causes and circumstances of the road accident.
You can find out how to correctly draw up the new European protocol by reading the Instructions for filling out a road accident report and typical road accident diagrams.