MTIBU will make payments on the obligations of the European Insurance Union Insurance Company

MTSIBU begins settlement of insurance claims under the obligations of PrJSC   «European Insurance Union». Compensation for unfulfilled obligations of the insurer will be made within the balance of the insurer's funds in the MTIBU funds and in accordance with clause 3 of the Procedure for the return of insurers' guarantee contributions to the fund for the protection of victims of road accidents by settling insurance claims.

Documents of victims of road accidents under the obligations of the IC «European Insurance Union» will be accepted from December 1, 2017 to February 28, 2018. Documents can be submitted in person, at the address - Kyiv, Rusanivskyi Boulevard, building. 8, send by mail to the address - 02002, Kyiv-2, P.O. Box 272 or by e-mail to [email protected].

Payments will be made taking into account the following features:

• the application for payment of insurance compensation is submitted by the individual victim or his legal representative or heir.
• damage caused to the life, health or property of the victim – individual;
• the recipient of payments is exclusively the victims – individuals who have suffered damage,  their legal representatives or heirs.
• insurance payments are made based on applications received by MTIBU by February 28, 2018.
• insurance compensation payments for damage caused to the life and health of the victim are made in full.
• insurance compensation payments for damage caused to the property of victims-individuals are made in the amount of the estimated damage, but not higher than the maximum amount of insurance compensation payment per victim.

In order for MTIBU to make a decision on insurance compensation, the following must be attached to the application for compensation for damage:

1. a copy of the court decision on the collection of insurance compensation or compensation for damage - in case of a dispute regarding the payment insurance compensation or compensation for damage was considered in court;
2. original or certified copy of the letter from the authority  enforcement service regarding the results of the execution of the court decision - if an application for compulsory execution of the court decision was filed;
3. written justification and supporting documents for the reasons for not filing an application for compulsory execution of the court decision - if the dispute regarding the payment of insurance compensation or compensation for damage was considered in court and a decision was made to satisfy the claim, but an application for compulsory execution of such a decision was not filed;
4. a copy of the court resolution certified by the court on bringing to administrative responsibility a person whose civil liability is insured (its employee) or another document confirming the existence of grounds for the occurrence of civil liability of such a person, as well as originals or duly certified copies of documents on the basis of which the amount of damage was assessed - if disputes regarding the payment of insurance compensation or recovery of losses from the responsible person were not considered in court.

Border The amounts of compensation for the obligations of the Insurance Company "European Insurance Union" will be calculated based on the amount of declared losses and the amount of the insurer's balance in the MTSBU fund. The determination of the limit amounts will take place no later than March 20, 2018.

For additional information, please contact the 24-hour contact center by phone at 0-800-608-800.

Source: MTSBU