Vehicle Owners’ Civil Liability Obligatory Insurance

Under the insurance agreement there can be insured:

The vehicle owners’ property interests related to occurrence in accordance with the legislation of their civil liability to compensate harm to the life, health and (or) property of the injured caused by the use of vehicle.

The procedure for insurance indemnity payment:

In case of damage to the property of the victim, the amount of insurance indemnity may not exceed 35 percent of the insurance amount.

In case of harm to the life or health of the injured, the amount of insurance indemnity may not exceed 65 percent of the insurance amount.

The Company shall pay insurance indemnity within 5 (five) days from the date of signing the Act on Insurance Event.