MY CASCO

MY CASCO is a type of car insurance that protects your vehicle from various risks: road accidents, theft, fire, natural disasters, etc. with the ability to choose a liability limit.

Information document on the standard insurance product "MY CASCO" Effective from 05/21/25

General conditions of the "MY CASCO" insurance product program Effective from 05/21/25

Risks covered

Road accident

Road traffic accident* involving a vehicle.
*A road traffic accident means an event that occurred while a vehicle was in motion, resulting in the death or injury of people or material damage and/or including the ejection of stones or other solid particles from under the wheels of the vehicle.

Natural disaster

External action of natural phenomena (lightning strike, storm, hurricane, downpour, hail, snowfall, earthquake, tornado, tsunami, mudslide, landslide, flood)

Fire

Uncontrolled burning, both external and caused by spontaneous combustion or explosion in a vehicle, including caused by a short circuit of the electrical wiring, a lightning strike

Falling of objects

Falling or impact of foreign objects (including parts of buildings, billboards, stones, snow, ice, trees) on the surface of the vehicle, animal attack.

Illegal actions of third parties

Intentional actions of any third parties not participating in the insurance, related to a violation of applicable law and directed against the vehicle and/or equipment (intentional destruction or damage to the vehicle and/or equipment, committed by arson, explosion or other means, which caused property damage to the Insured/Beneficiary).

Unlawful deprivation of a vehicle

Unlawful seizure of a vehicle and/or equipment is committed intentionally, for any purpose. Unlawful seizure of a vehicle should be understood as the unlawful seizure of a vehicle by any means from the owner or user against their will.

Military risks*

Hit on the vehicle of any missiles, unmanned aerial vehicles (hereinafter - UAVs), their parts, fragments, or fragments caused by the explosion of missiles and/or UAVs, damage to the vehicle by a blast wave, fire caused by the explosion of missiles and/or UAVs.
*insurance coverage of "military risks" - is additional coverage to the main list of risks under the Insurance Agreement

Limit of liability

When concluding an insurance contract, the Insured chooses one of three liability limit options: non-aggregate liability limit, aggregate liability limit or “first insured event” limit.

Non-aggregate liability limit

Non-aggregate limit of liability “for each insured event” – the insured amount, which is the limit of the Insurer’s insurance payment for each insured event, and is unchanged during the term of the Contract, while the Contract is valid until the end of the stipulated term within the limits of the insured amount, if the amount of the one-time insurance payment is less than the insurance amount established by the Contract, except in cases of complete constructive destruction or illegal appropriation of the Vehicle and Equipment. In the event of making an insurance payment in the event of complete constructive destruction or illegal appropriation of the Vehicle and Equipment, the Contract shall terminate.

Aggregate liability limit

Aggregate liability limit "under the Insurance Contract" - the insured amount is the limit of the Insurer's compensation for all insured events that occurred during the validity of the Insurance Contract. The Insurance Contract is considered fulfilled and terminates from the moment of payment of the total insurance indemnity in the amount equivalent to the amount of the insured amount. The Contract is valid until the end of the agreed term within the amount that is the difference between the insured amount and the amount of insurance indemnities paid under this Insurance Contract.

Limit "for the first insured event"

Limit "for the first insured event" - the insured amount is the limit of the Insurer's compensation for one insured event during the period of validity of the Insurance Contract. The Insurance Contract shall terminate from the moment of the first insured event declared by the Insured.
For the event specified in the Contract as "War risks", an aggregate liability limit is established, which is 10% of the total insured amount, but in any case not more than 300 thousand UAH.

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