What are the reasons for refusing from paying insurance compensation in case of insurance against death and disability of the borrower under loan agreements for individuals?
2025-02-14 09:50
- If the occurred event is not considered insured one in accordance with the following:
- suicide of the insured person during the first 2 years after the conclusion of the insurance contract, provided that he was not forced to commit suicide as a result of unlawful actions of third parties;
- the active participation of the insured in hostilities, civil conflicts, military coups and riots;
- terrorist acts using nuclear, biological and chemical means;
- illegal actions of the insured directly related to the event, which can be considered as an insured event;
- alcoholism, drug or toxic intoxication of the insured, including driving in a state of intoxication;
- consequences of nuclear explosions, radiation and radioactive contamination;
- the crash of an aircraft managed by the insured (including hang glider and parachute);
- if ensured person is occupied with winter, underwater, equestrian, aviation and combat sports, auto-moto sports, parachuting, rock climbing, mountain climbing, hang gliding, mountain and water tourism.
- payment of any other part of the insurance premium within 15 days after the expiration of the payment period specified in the contract;
- if the insurer is completely or partially deprived of the opportunity to assess the insurance risk, as well as to determine the causes and (or) the degree of damage as a result of the deliberate distortion of information by the policyholder (insured);
- the deliberate action or inaction of the policyholder that led to the accident, as well as the deliberate commission of a crime directly related to the insured event;
- other cases provided by law.