Liability of the Insured for damage caused to the injured third party or their property, as well as to the natural environment, as a result of emergencies.

The Insured's liability for damage caused as a result of an emergency, including fires and accidents at high-risk facilities, environmentally hazardous accidents, and emergencies of man-made and natural origin, accidents that pose a threat to sanitary or epidemiological health at high-risk facilities, to the life, health, and/or property of injured third parties, and the natural environment directly associated with the ownership or use (operation) of a high-risk object mentioned in the Contract.

Insurance Limitations: None.

The insurance amount in the Contract is established by agreement of the parties and cannot be less than:

5,500 minimum monthly wages for first-class high-risk objects,

4,500 minimum monthly wages for second-class high-risk objects,

3,500 minimum monthly wages for third-class high-risk objects, calculated according to the law as of January 1st of the year the liability insurance contract is concluded.

Minimum insurance rate: 0.1%

Maximum insurance rate: 2%

Unconditional Deductible:

Minimum deductible: 1%

Maximum deductible: 1%

Charged for each insured event regarding a separate transportation, except for cases of compensation for damage caused to the life and/or health of injured third parties, for which the deductible is not established.

Territory of action: Ukraine (except for the territory of active hostilities and territories temporarily occupied by the Russian Federation as determined by the Order of the Ministry for Reintegration of the Temporarily Occupied Territories No. 309 dated December 22, 2022, "On the Approval of the List of Territories where Hostilities are (were) Conducted or Temporarily Occupied by the Russian Federation" or any amendments to it, as well as within a 50 km radius from these territories), zones of combat operations, civil unrest, and areas where a special entry/exit regime is established.

The contract is concluded for a period of up to 1 year (inclusive).

The contract enters into force from the date specified in the contract but not earlier than the receipt of the insurance payment to the Insurer's current account.

Extension of the contract's duration is not possible.

7.1. Not considered as an insured event, and no insurance payment is made if the event occurred as a result of:

7.1.1. Armed aggression, military actions, such as: invasion, actions of foreign states (whether war is declared or not), military/armed conflicts, actions of illegal armed groups, sabotage, overthrow/takeover of power or attempts at such actions, encroachment on territorial integrity, looting, aggression of another state or measures to overcome it, invasion of another state's troops, or unauthorized crossing of the border by another state's troops, or any other actions with political, economic, or social motives; actions of mines, torpedoes, bombs, grenades, shells, any other combat supplies and/or instruments of war; actions of any explosive substances or devices used to damage or destroy property and/or cause harm to the health or life of people;

7.1.2. Mass riots, breaches of public order, terrorist acts, civil war, public unrest, terrorist or anti-terrorist activities, street disturbances, any kind of strikes, uprisings, lockouts, revolutions, usurpation of power, self-rule, civil unrest; state coups, acts of terrorism, military dictatorship;

7.1.3. The impact of a nuclear explosion, radiation, the use of nuclear weapons, a nuclear incident, radiation or radioactive contamination, the impact of penetrating radiation, radioactive contamination by any nuclear fuel or waste as a result of burning nuclear fuel, the impact of ionizing radiation or radioactive contamination.

7.2. The Insurer does not reimburse:

7.2.1. Any indirect losses, unreceived (lost) income (including interest, penalties), payment of fines, penalties, and other sanctions (including administrative ones) determined by any contract or law, etc.;

7.2.2. Moral damage, lost profits, damage to business reputation; damage/losses not documented;

7.2.3. Damage caused by the transportation, storage, or use of explosive devices and/or substances, firearms;

7.2.4. Damage caused to the Insured's own property or property used by the Insured under a lease (rental) agreement;

7.2.5. Damage defined by a written claim (demand) of the injured third party that was acknowledged by the Insured but not agreed upon by the Insurer;

7.2.6. Costs of treating diseases, clinical conditions of the injured third party that do not have a clinically expressed course and are not confirmed by relevant documents from healthcare institutions;

7.2.7. Losses/claims/lawsuits and demands that occurred or were filed before the contract's effective date.

7.3. If the Contract is considered not to have taken effect due to the incomplete payment of the insurance premium, the Insurer does not bear any obligations under the Contract, including towards third parties and the Insured, in the event of the Insured's liability for damage caused by the Insured as a result of an emergency at a high-risk facility to the life, health, and/or property of the injured third parties, the natural environment directly associated with the ownership or use (operation) of the high-risk facility, except for the obligation to return the amount of the insurance premium actually paid by the Insured after receiving a request with the details for the return.

Absent

9.1. The decision to make or refuse an insurance compensation payment is made by the Insurer within 15 (fifteen) working days from the date of receipt by the Insurer of all necessary documents confirming the occurrence of the insured event and the amount of damages, by compiling an insurance act or an act of refusal to pay insurance compensation accordingly. At the same time, the period for making a decision on payment or refusal of insurance compensation may be extended for the period of waiting for information from the Competent Authorities and the time required for additional investigation of the circumstances of the event. The insurance compensation is paid to the Insured (Third Party) within 5 (five) working days from the date of compilation of the insurance act.

9.2. The amount of the insurance payment for one and each injured third party for damage (losses) caused to the life, health, work capacity, and/or property of the injured third party cannot exceed the insurance sum and the liability limits of the Insurer established by the legislation of Ukraine and is determined as follows:

9.2.1. The amount of the insurance payment in connection with injury or other damage to the health of the injured third party, which led to the establishment of disability, is determined in the amount of compensation established in accordance with the Civil Code of Ukraine, considering that:The general minimum insurance payment amount to one injured third party is 10 minimum monthly wages, as established by law on January 1st of the year in which the insured event occurred;The general maximum insurance payment amount to one injured third party is 150 minimum monthly wages, as established by law on January 1st of the year in which the insured event occurred.

9.3. Insurance compensation in connection with the death of the injured third party is made in the amount established by Article 1200 of the Civil Code of Ukraine, to each person entitled to such compensation in equal shares.

9.4. The amount of insurance payment to the dependents of one deceased person for the entire period of receipt cannot be:

Less than 15 minimum monthly wages, as established by law on January 1st of the year in which the insured event occurred;

More than 150 minimum monthly wages, as established by law on January 1st of the year in which the insured event occurred.

9.5. Insurance payment in connection with the treatment of the injured third party is determined in the amount of reasonable expenses associated with transportation, accommodation, maintenance, diagnosis, treatment, prosthetics, and rehabilitation of such a person in a healthcare facility, medical care, home treatment, and purchase of medicines. These expenses and the necessity of their occurrence must be documented and confirmed by the relevant healthcare institution.

9.6. The minimum insurance payment amount in connection with the treatment of the injured third party is 1/15 of the minimum monthly wage, as established by law on January 1st of the year in which the insured event occurred, for each day of treatment, but not more than 20 minimum monthly wages, as established by law on January 1st of the year in which the insured event occurred, for the entire period of temporary incapacity (treatment). The general maximum insurance payment amount for the treatment of one injured third party is 150 minimum monthly wages, as established by law on January 1st of the year in which the insured event occurred.

9.7. If the Insured (person entitled to insurance payment under the Contract or law) has not provided the Insurer with documents confirming the amount of expenses specified in the Contract, or their documented amount is less than the minimum amount established in paragraph 9.6, the Insurer makes an insurance payment in the amount established in paragraph 9.6.

9.8. If, as a result of the insured event, the health of the injured third party was damaged and such a person received an insurance payment, and later, as a result of this insured event, this injured third party was established with a disability (including changing the disability group to a higher one) or within one year after the insured event, the death of the injured third party occurred as a result of this insured event, the insurance payment is made in the amount established in accordance with the Civil Code of Ukraine and considering the requirements of paragraphs 9.2 - 9.7, minus the previously paid insurance payment.

9.9. The total amount of all insurance payments made in case of damage to the property of injured third parties should not exceed 20% of the insurance sum established for the high-risk object in the Contract.

9.10. With the prior written consent of the Insurer, in the case of voluntary acknowledgment by the Insured of the injured third party's claim for damage caused to their property, the payment is made in the amount of the actual damages, documented and/or agreed upon between the Insured, the Insurer, and the injured third party, but not more than the Insurer's liability limit under paragraph 9.9. If such an agreement is not reached, the amount of damages is determined by a court decision, but not more than the Insurer's liability limit under paragraph 9.9.

9.11. The amount of damages caused by the insured event to the property of injured third parties is determined as follows:

9.11.1. In case of destruction of the property: The amount is based on the actual value of the property on the date of damage immediately before the occurrence of the insured event, minus the actual value of the property (or parts of it) after the insured event, if it retains some value (including suitability for further use or sale). The actual value of the property is its market value and is determined based on a report by a subject of valuation activity or based on a written agreement between the Insurer, the Insured, and the injured third party.

9.11.2. In case of damage to the property: The amount is based on the current cost of repair with consideration of the extent and nature of the damage recorded in the inspection report, minus depreciation determined by a valuation subject, but not more than the actual value of the property on the date of damage immediately before the occurrence of the insured event.

9.12. The cost of repair may be determined based on:

The average rates for similar repair (restoration) work, materials, spare parts, and details in the area or region of the repair (restoration) on the date of the insured event;

Or based on a written agreement between the Insurer, the Insured, and the injured third party.

The Insurer may commission a valuation subject to calculate the cost of restoring the property. In this case, the repair costs are determined based on the report (inspection report) of the valuation subject.

9.13. All damages exceeding the liability limit of the Insurer as specified in the Contract are covered by the Insured.

9.14. The depreciation is determined based on the expertise/report/inspection report by an expert or a valuation subject.

9.15. The unconditional deductible is deducted from the insurance payment for each insured event concerning damages to the property of injured third parties and/or the natural environment. The deductible does not apply to damages to the life and health of injured third parties. If one insured event results in multiple injured third parties, a part of the deductible proportional to the ratio of the damages of that third party to the total damages of all injured third parties resulting from this insured event is deducted from the insurance payment to one injured third party.

9.16. After the insurance payment has been made and the restoration of the damaged property is completed, the injured third party (upon the Insurer's request) must allow the Insurer's representative to inspect the restored property, agreeing on the time and place of the inspection. If the injured third party fails to comply with this requirement, the Insurer is released from the obligation to make any further insurance payments for damage to the same property in the future.

9.17. If during the settlement of an event that has the characteristics of an insured event it is established that the property of the injured third party had pre-existing damage before this event, the Insurer has the right to request documents from the injured third party confirming the fact and completeness of the repair of this property before the event. If such documents are not provided, the Insurer has the right to refuse the insurance payment in the amount corresponding to the cost of parts, materials, and labor required to repair or replace the damaged property that was not properly repaired by the injured third party before the insured event, or for which there is no proper confirmation of the repair (reports of work performed or services rendered, payment documents for such work or services).

9.18. If multiple parties are responsible for the damage, the Insurer makes the insurance payment proportionally to the degree of the Insured's responsibility as determined by the applicable legislation of Ukraine.

9.19. The total amount of all insurance payments in case of damage to the natural environment must not exceed 30% of the insurance sum established for the high-risk object in the Contract. The amount of insurance payments for damage to the natural environment is determined based on a court decision that has come into effect.

9.20. The insurance payment is made to the injured third party (natural or legal person, individual entrepreneur), successor(s), or heir(s) of the injured third party who died as a result of the insured event, their legal representatives, or persons agreed upon with them who provide or provided services for the treatment or repair of damaged property, or who paid for these services.

9.21. The total amount of insurance payments under the Contract must not exceed the insurance sum/liability limit of the Insurer as specified in the Contract, considering that the Insurer is obligated to make insurance payments for all insured events that occurred during the Contract period. At the same time, the monetary amount within which the Insurer is obligated to make a payment upon the occurrence of a specific insured event equals the corresponding insurance sum reduced by the amount of previously made insurance payments under the Contract.

9.22. If the amount of insurance payment for damage caused to the life and health or property of injured third parties, the natural environment as a result of the insured event, considering the limitation of the insurance sum per injured third party, exceeds the established amount of insurance sum per insured event, the amount of insurance payment to each injured third party is proportionally reduced.

9.23. Priority in payments:

First, compensation is made for damage caused to the life and health of the injured third party and the costs of their treatment.

Second, compensation is made for damage caused to the property of natural persons and individual entrepreneurs.

Third, compensation is made for damage caused to the property of legal entities.

Fourth, compensation is made for damage caused to the natural environment.

9.24. The total insurance payment for each insured event regarding the insured object covered by multiple liability insurance contracts cannot exceed the actual amount of damage (loss) in the event of an insured event. The insurance payment is made proportionally to the ratio of the insurance sum (liability limit) under a separate insurance contract to the total amount of all insurance sums (liability limits) under all insurance contracts regarding the insured object.

9.25. An event that has the characteristics of an insured event is recognized by the Insurer as an insured event, and the decision to make an insurance payment is made based on the Insured's acknowledgment, with the Insurer's consent, of the property claims of the injured third party, or based on a court decision if the dispute regarding compensation for damage and/or insurance payment was considered in court.

9.26. The Insurer makes the insurance payment in accordance with the terms of the Contract based on a written request from the Insured or another person entitled to receive the insurance payment and the insurance act compiled by the Insurer or its authorized representative in the form determined by the Insurer.

9.27. The Insurer, to make a decision on the payment or refusal to pay insurance compensation, requests information related to the occurrence of an event that has the characteristics of an insured event from the competent authorities of state power, local self-government bodies, enterprises, institutions, organizations that possess information about the circumstances of the insured event:

9.27.1. If the Insurer has reasonable doubts about the accuracy of the information and documents provided by the Insured (injured third party) that confirm the fact, causes, and circumstances of the occurrence of the event that has the characteristics of an insured event, as well as the amount of damage;

9.27.2. If it is impossible to determine the circumstances, causes of the occurrence of the event that has the characteristics of an insured event, and the amount of damage based on the provided documents. In this case, to establish the circumstances, causes of the occurrence of the event that has the characteristics of an insured event, and the amount of damage, the Insurer has the right to appoint an independent investigation or expertise.

9.28. In any case, the period of investigation is automatically extended for the period of waiting for official responses from the competent authorities.

9.29. Within 15 (fifteen) working days from the date of receipt by the Insurer of all necessary documents to confirm the fact, causes, circumstances, and consequences of the occurrence of an event that has the characteristics of an insured event, and to determine the amount of damage as provided by the Contract and the responses from state power bodies, local self-government bodies, enterprises, institutions, organizations, individuals who possess information about the circumstances of the insured event in response to the Insurer's requests (the period begins on the day of receipt by the Insurer of the last of the listed documents), the Insurer:

9.29.1. Makes a decision on the recognition of the event as an insured event and makes the insurance payment within 3 (three) working days from the date of approval of the insurance act.

9.29.2. In case of refusal to make an insurance payment, the Insurer, within 3 (three) working days from the date of the decision, informs the Insured and/or the injured third party about the decision with justification of the grounds for refusal in written form to the postal address or in another way specified by the applicant in the request.

9.30. In case of disputes between the parties to the Contract about the fact, circumstances, and causes of the occurrence of an event that has the characteristics of an insured event, and the amount of damage/loss, each party has the right to order an expertise/expert examination/expert evaluation/report (conclusion) by a valuation subject/expert (hereinafter referred to as the Expertise). The Expertise must be carried out by a person or organization possessing the relevant experience and knowledge necessary to objectively, impartially, and professionally assess the circumstances, causes of the occurrence of the event that has the characteristics of an insured event, and the amount of damage.

9.31. The expenses for the Expertise are borne by the party that requested it unless otherwise agreed between the parties or established by the Contract or by a court decision. If the Expertise confirms the accuracy of the Insurer's conclusions and decisions, the Insured (injured third party) reimburses the costs of the Expertise to the Insurer within 10 (ten) working days from the date of receipt of the written request of the Insurer.

9.32. If the Expertise confirms the occurrence of the insured event and the validity of the claims of the Insured (injured third party), the costs of the Expertise are reimbursed by the Insurer within 10 (ten) working days from the date of receipt of the Insured's written request with the attached documents confirming the costs incurred.

9.33. If the Expertise results do not confirm the occurrence of the insured event or the validity of the Insured's (injured third party's) claims, the Insurer has the right to refuse to make the insurance payment based on the Expertise results.

9.34. The final decision on the insurance payment (or refusal of payment) must be made by the Insurer within 15 (fifteen) working days from the date of receipt of the results of the Expertise ordered by the Insurer.

9.35. In case of refusal to pay the insurance compensation, the Insurer must provide the Insured (injured third party) with a reasoned written explanation for the refusal within 3 (three) working days from the date of the refusal decision.

9.36. If the Insurer refuses to pay the insurance compensation based on the Expertise results, the Insured (injured third party) has the right to challenge this decision in court.

The consequence is the refusal to pay insurance compensation.

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