The NBU updated the procedure for documenting insurance payments to individuals
The Board of the National Bank of Ukraine, by its Resolution No. 85 dated July 15, 2024, approved a new procedure for documenting the insurance payment/reimbursement/redemption amount under an insurance contract received by an individual.
The document enters into force on October 17, 2024 and provides for an updated list of documents confirming the fact of damage to the life and/or health of the insured person.
In addition, it is possible to settle insurance cases according to a simplified procedure in case of making an insurance payment, the amount of which does not exceed the established limit. It is also allowed to use electronic services, including the Unified Portal of State Services of DIA, to provide supporting documents.
From the press release of the National Bank of Ukraine, it is known from the Internet resource of UkrStrakhuvanya that the updated requirements must be followed by resident insurers, branches of non-resident insurers and the Motor (Transport) Insurance Bureau of Ukraine when making payments to an individual under an insurance contract.