Electronic policy Auto insurance

Electronic Motor Third Party Liability Insurance Policy Already in Ukraine

In our time, storing information in electronic form is gaining momentum. Scanned photos and documents, digitized videos, and electronic books have become a common phenomenon. Tickets to the cinema, theater, plane, and train, online receipts for utility bills — all this greatly simplifies life and saves space from unnecessary papers. Electronic document management is used even at the state level. More and more certificates can be obtained online, tax returns can be filed electronically, kindergarten registration can be made, etc. New trends have also affected the motor third party liability insurance. Electronic insurance policies have been used abroad for a long time, and buying an electronic Motor Third Party Liability Insurance policy in Ukraine officially became possible from February 7, 2018.

What is the difference between an electronic policy and online insurance

For several years now, it has been possible to issue an MTPL online in Ukraine. The advantage of this method of buying a MTPL is that when you enter your insurance data on the website of an insurance company or agent, the insurance company synchronizes this data with the centralized database of the MTIBU. You only need to choose a convenient method of delivering the MTPL insurance policy. But do not confuse online purchase of a MTPL and electronic MTPL, which has already become possible to buy on Parasol.ua. You can make out a civil insurance policy online, pay for it online, and you definitely need to order insurance delivery, since it is the presence of an approved form that law enforcement agencies require.

But it is the forms of the civil insurance policies, or rather the number of their fakes and invalid copies, that scare the authorities. Fake civil insurance policies are stamped in underground printing houses and sold in old cars on the side of the road. Another option is possible - the insurance company is excluded from the MTIBU membership, but the insurer does not return the official forms, but reports them as stolen or lost and begins to sell them underground through lone agents. While the police do not have the opportunity to verify the authenticity of the civil insurance policy. The driver may only find out about such fraud when an accident occurs and the car owner has to pay tens of thousands of damages on his own under an insurance claim.

An electronic OSCPV policy means that you do not need a form. You can buy an electronic OSCPV policy online, and confirmation of the presence of a car insurance policy will be a special QR code that will be sent to your email, for example. The police will not need to prove that you are insured, according to the technical passport or license plate data of the car, law enforcement officers will see the presence of an insurance policy for this car directly through the MTIBU server. MTIBU is already cooperating with leading insurance companies that have implemented an electronic MTPL policy.

Issue an electronic MTPL policy on Parasol.ua

Starting from February 7, 2018, the electronic MTPL policy in Ukraine has become a reality and no matter what city you are in, in Kyiv or Kharkiv, in Odessa or Kryvyi Rih, you will always receive a policy on your phone or mail in a couple of minutes. The most simple and comfortable way to buy MTPL online is the Parasol.ua service, where you can calculate the cost of a motor vehicle and place an order in just a couple of minutes. And the courier will deliver you a valid MTPL policy form. from a reliable insurance company.