Terms Glossary

Property Insurance

AB CDE F GHIJKL MNOPQR S T UVWXYZ

Agreement on voluntary complex individual property and liability insurance

A written agreement between Insurer and Insurant.

Authorized Bodies:

state bodies authorized to mitigate consequences of accidents equivalent to insured risks, to determine reasons and circumstances of the accidents occurrence, to provide official explanation concerning issues related to Insured property damaged or lost as a result of an insured risk;
legal entities or individuals who hold proper licenses (in cases as set forth in applicable laws of Ukraine), and who are subject to being addressed to by Insurant and Insurer for settling argues and concerning other issues arising from an agreement.

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