Denis Yastreb, CEO of the National Association of Insurers of Ukraine, answered topical questions of property insurance against war risks in a live broadcast of the Kyiv Morning Show on Radio Kyiv – 98 FM

Denis Yastreb, CEO of the National Association of Insurers of Ukraine, met on a live broadcast with the hosts of the Kyiv Morning Show on Radio Kyiv – 98 FM

Today, on 27 June 2023, Denis Yastreb, CEO of the National Association of Insurers of Ukraine, met on a live broadcast with the hosts of the Kyiv Morning Show on Radio Kyiv – 98 FM. The main topic of the conversation was the insurance of cars and homes of Ukrainians against war risks, namely the consequences of russian missile strikes and the fall of missile fragments on the property of citizens.

The chairman of the association of insurers assured that such risks are accepted for insurance, and insurers already have a practice of settling such cases. Unfortunately, civilians and their property across Ukraine suffer every day as a result of russia’s armed aggression, so insurers have expanded their coverage to include war risks. In order to insure such risks, it is necessary to contact the insurer and additionally include war risks in the existing insurance coverage, as such risks are usually excluded in standard insurance products.

The participants of the radio programme discussed in detail what actions should be taken by the owner of war risk insurance in the event of damage or destruction of real estate or a car.

Denis Yastreb drew the listeners’ attention to the fact that there are some exceptions to the war risks coverage, in particular, losses in the temporarily occupied territories or in the territories where active military operations are taking place will not be covered.

Thanks to the initiative of Radio Kyiv – 98 FM, Kyiv residents received practical and useful information from the NAIU on how to protect their cars and property in the difficult conditions of increasing missile attacks on Ukrainian cities.

The Association welcomes such media initiatives and is ready to continue to use the expertise of the NAIU Office to make insurance more accessible to Ukrainians.

Together, we will withstand, repair and rebuild a strong, European Ukraine. Glory to Ukraine!

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