VCLI

This type of insurance by JSIC "INGO Ukraine" covers damages caused by an insured transport vehicle to life/health or property of third parties as a result of a traffic accident occurred through the fault of the assured.

A large number of cars far from being cheap ride on the roads of Ukraine, the cost of which repairs can reach five-digit sums.

In this connection, we would like to recommend you to increase the limits of your liability to third parties by making a VCLI policy.

You enjoy an opportunity to independently choose the amount within which the insurance company "INGO Ukraine" undertakes to indemnify third parties for damages.

According to the terms of a VCLI contract, you may increase the insurance limit of liability to third parties from the amount of 10,000 to 500,000 hryvnia.

The effective period of an insurance contract: from 15 days to one year.

The territory covered: Ukraine

The cost of the given type of insurance depends on such factors as:

  • type of transport vehicle: engine capacity, carrying capacity, number of seats;
  • limit of liability;
  • effective period of the contract;
  • a number of persons permitted to drive a transport vehicle;

How does VCLI function?

For example, there was a minor traffic accident resulted in damage to the vehicle ahead. When the damage is assessed, it becomes clear that its repair would cost 76,000 hryvnia.

Now let us consider!

The limit of liability to third parties according to a policy of compulsory civil liability (avtocyvilka) amounts to 50,000 hryvnia.

When considering the above mentioned case, the damage amounted to 76,000 hryvnia, and avtocyvilka covered only 50,000 hryvnia:

76,000 - 50,000 = 26,000 (hryvnia)

According to the calculation, 26,000 hryvnia is not covered.

In order to avoid such situation, we pre-bought extra VCLI in the amount of 30,000 hryvnia:

50,000 + 30,000 = 80,000 (hryvnia)

By doing so, we have insured our liability at the largest amount and do not need to cudgel our brains about how to find 26,000 hryvnia as quickly as possible