Cumulative program

GRAWE Medic

When concluding an insurance contract under the "GRAWE Medic" program, the client chooses at his own discretion one of the three options of the accumulative insurance program offered by "GRAVE UKRAINE Life Insurance".

Option 1 (tariff GX-1) provides for the immediate payment of the full guaranteed sum insured together with accumulative bonuses in the event of the death of the insured person.

Option 2 (tariff GX-3) provides for payment of the full guaranteed sum insured with accumulated bonuses at the end of the insurance period, both in the event of survival and death of the insured person, with the possibility of receiving a discounted sum insured during the term of the contract.

Option 3 (GX-5S tariff) provides for the immediate payment of the differentiated sum insured together with the accumulated bonuses in the event of the death of the insured person.

The cumulative program guarantees

Accumulation, preservation, multiplication of funds

Payment of the full guaranteed insurance amount together with accumulated bonus reserves after the insurance contract expires.

Protection of life

Under Option 1 (Tariff GX-1), beneficiaries are immediately paid the full sum assured along with the accumulated bonus reserves, in the event that the insured person passes away. At the same time, the contract ceases to be effective.

Under option 2 (tariff GX-3), beneficiaries are paid the full guaranteed sum insured together with the accumulated bonus reserves after the contract expires, in the event that the insured person dies. At the same time, during the term of the contract, it is possible to receive a discounted guaranteed insurance amount.

Under option 3 (tariff GX-5S), beneficiaries are immediately paid a part of the guaranteed sum insured proportional to the duration of the insurance contract together with accumulated bonus reserves, in the event that the insured person dies. At the same time, the contract ceases to be effective.

Example of a cumulative program, UAH

Insured person	a 30-year-old woman
Term of insurance	20 years
Annual insurance payment	10 000 UAH
Guaranteed sum insured Option 1 (GX-1 tariff) Option 2 (GX-3 tariff) Option 1 (GX-5S tariff)	221 729 UAH 228 832 UAH 250 626UAH

Insurance payments

The year of the insured event	Payment in case of death (together with bonuses), UAH			Payment at the end of the term of the contract (together with bonuses), UAH
	Option 1	Option 2*	Option 3	Option 1	Option 2	Option 3
2	221 729	112 957	25 063	х	х	х
6	227 989	138 702	82 456	х	х	х
11	261 949	202 699	184 256	х	х	х
16	349 328	328 173	347 179	х	х	х
20	х	х	х	503 207	521 032	572 988

*The example is given in case of the death of the insured person during the first year of insurance.