A wide range of risks

Protection against fire, the elements, criminal acts, flooding, falling objects, and other real threats.

Flexible terms and territory of validity

Policy from 1 day to 3 years – valid in Ukraine or abroad by agreement.

Simple settlement

A clear list of documents and defined terms of consideration – a decision on payment up to 20 working days after receiving the materials.

Insurance of equipment

Protection of consumer and digital electronics

Whether your smartphone is damaged, your laptop is flooded, or your home or office is burglarized, INSK will not leave you alone with the costs. We insure household and digital equipment with transparent terms and flexible contract terms – from 1 day to 3 years.

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Suitable for

  • Households receive smartphones, tablets, laptops, household appliances, and game consoles.
  • Small businesses and individual entrepreneurs – office electronics, peripherals, network equipment.
  • For those who rent a home or office, the policy is also valid for property on the right of ownership or use.

What exactly do we insure

  • The object is your equipment on the right of ownership, use or disposal.
  • Territory – upon agreement, from Ukraine to the whole world. Term – 1 day – 3 years.
  • Risks – Unlawful actions of third parties, including theft;
    Breakdowns due to non-warranty events;
    Fire risks;
    other cases under the Agreement

Important restrictions and exceptions

  • Not accepted: uncertified or prohibited for use in Ukraine equipment, as well as devices older than 10 years as of the date of application.
  • Batteries, chargers, cables, software, consumables, covers, etc. are not insured as separate items.
  • Typical exceptions: violation of the operating rules, unauthorized repairs, corrosion, viruses and software modifications, wear and tear, inability to identify the serial number, military operations, warranty repairs by the service. See the full list in the contract.

How it works

  1. Send a short application with a list of equipment and desired conditions.
  2. Get a tariff and agree on the limit and deductible. We determine the minimum and maximum amounts according to the program or by agreement of the parties.
  3. Pay and get an electronic policy. We submit documents for the settlement of events according to a simplified list. The decision on payment is made within 20 working days after receiving the full package.

Documents required for payment

  • Application for payment – copy of the agreement – identification documents.
  • Documents confirming the right to the equipment and the circumstances of the incident – by the nature of the risk.
  • If necessary, a device inspection report with the service center. We will provide a complete list upon request.

Public documents

GENERAL TERMS AND CONDITIONS OF THE INSURANCE PRODUCT
“INSURANCE OF HOUSEHOLD AND DIGITAL TECHNOLOGY”
is available here:
General Terms and Conditions of the Technology

The information document on the standard insurance product
“INSURANCE OF HOUSEHOLD AND DIGITAL TECHNOLOGY”
is available at:
General Terms and Conditions Technology

Frequently asked questions

Is theft without signs of penetration covered

No. Usually, you need traces of burglary or proof of the robbery by witnesses or video recording. See the terms of the contract.

Possible, if it meets the certification, identification and age requirements – agreed in the application. Consumables and software are not insured.

Minimum and maximum deductibles and limits are set by the program or by agreement of the parties – we will find the best one for your budget.

Insurance coverage is not provided for the following equipment:
– uncertified;
– not authorized for use in Ukraine,
– the year of manufacture of which is more than 10 years from the date of submission of the insurance application.
Also, the following equipment (elements of the Equipment) shall not be accepted for insurance
batteries, rechargeable batteries, external power supplies, chargers, etc.;
remote controls, telephone headsets, antennas, telephone headphones, microphones, joysticks, etc.;
projector lamps and lighting;
connecting cables and connectors (if they are not an integral part of the insured property),
data storage media of various types (disks with software and drivers, memory cards, etc.);
covers, bags, belts, mounting devices, tools, user documentation;
software;
consumables;
slots, connectors.

Individuals who legally own, rent, or operate household and digital equipment.

Innovative Insurance Capital PrJSC has a unique program for the protection of digital and household appliances. The object of insurance is property (equipment) on the right of ownership, use and disposal of property and/or possible losses or expenses.

an event for which insurance is provided, namely: fire, explosion, spontaneous combustion; natural phenomena (including storm, soil subsidence and/or other meteorological, hydrological or geophysical phenomena stipulated by the insurance contract, frost and hail, which by their intensity and area of distribution may lead to damage and/or destruction (loss) of the insured property); nuclear energy. unlawful acts of third parties, including theft, robbery, plunder, intentional damage/destruction of property, arson; other insurance risks that may result in damage, destruction (loss) or loss of property as provided for in the Insurance Agreement.

Insurance limitations:
Insurance coverage is not provided for the following equipment: – uncertified;
– not authorized for use in Ukraine,
– the year of manufacture of which is more than 10 years from the date of submission of the insurance application.

The following equipment (elements of the Equipment) is not accepted for insurance:
batteries, accumulator batteries, external power supplies, chargers, etc.;
remote controls, telephone headsets, antennas, telephone headphones, microphones, joysticks, etc.;
projector lamps and lighting;
connecting cables and connectors (if they are not an integral part of the insured property), data storage media of various types (disks with software and drivers, memory cards, etc.);
covers, bags, belts, mounting devices, tools, user documentation;
software; consumables;
slots, connectors.

Minimum and maximum amounts of the insured amount (limit of liability):
Minimum term of the Agreement is 1 day.
Maximum term of the Agreement is 3 years.

Minimum and maximum amounts of insurance premium and/or insurance tariff:
Not established, determined in accordance with the Insurance Program or by agreement of the Parties to the Agreement

Type, minimum and maximum deductibles (if any):
Not established, determined in accordance with the Insurance Program or by agreement of the Parties to the Agreement

The territory and term of the Insurance Agreement shall be determined by agreement of the Parties to the Agreement. Insurance coverage may be valid throughout the world, or in one specific country, including Ukraine, or in one geographical zone of the world.

Unless otherwise specified in the Agreement, destruction, damage, loss of property (equipment) resulting from the same shall not be an insured event:

violation by the Insured of the manufacturer’s Rules and conditions of use during handling, applicable fire safety rules, breakdown of the Equipment, its parts as a result of operation without the effect of insured risks or under unspecified circumstances; getting wet due to precipitation;

gross negligence of the Insured when handling the Equipment; pressure damage, condensed steam exposure;
exposure to pollutants; independent repairs, including in a service center not agreed with the Insurer;
connection of external devices not provided by the manufacturer; corrosion or oxidation;
the effects of computer viruses and similar programs;
modification/reinstallation of pre-installed software; formatting of storage devices, application of service codes;
physical and operational wear and tear;
non-compliance with the standards or technical regulations of power supply, cable, telecommunication networks, radio signal strength, including due to terrain and other similar external factors;
connecting inappropriate or faulty external devices to the appliance;
use of non-standard/unoriginal, low-quality/damaged consumables, accessories, spare parts, batteries, and various types of storage media;
obtaining, installing, and using incompatible software;
pests, animals, birds, rodents, insects, parasites, mold, mildew, fungus, spores, microorganisms;
design and/or engineering defects;
use of equipment for other purposes;
damage when installing/removing protective films/glass, covers, stickers, pictures, etc;
impossibility to identify the Equipment by its serial number and/or IMEI, or mismatch of the serial number and/or IMEI of the damaged/destroyed Equipment;
nuclear incident, exposure to ionizing radiation, radioactive contamination;
military operations, maneuvers, other military measures, except as provided for in the Contract;
confiscation, nationalization and other similar measures of political nature carried out in accordance with orders of military or civil authorities, political organizations in the country of the Insured;
causes and circumstances that arose before the start of the Agreement but were discovered only after the conclusion of the Agreement;
warranty repairs by the Service Center;
theft (disappearance) without traces of breaking and entering (breaking and entering, etc.) or robbery without witnesses and/or video recording.
other reasons specified in the Insurance Contract.

The grounds for denial of insurance indemnity (payment) are:


intentional actions of the Insured or the person in whose favor the insurance contract is concluded, aimed at occurrence of the insured event, except for actions taken in a state of emergency or necessary defense, or cases determined by law or international customs; commission of an intentional criminal offense by the Insured or the person in whose favor the insurance contract is concluded, which led to occurrence of the insured event;
submission by the Insured of false information about the object of insurance, circumstances that are essential for the insured event. If the loss is partially indemnified, the insurance payment shall be made after deduction of the amount received from the said person as compensation for losses;
late notification by the Insured (person specified in the insurance contract or legislation) of the insured event without good reason or failure to fulfill other obligations specified in the insurance contract or legislation, if this has led to the Insurer’s inability to establish the fact, causes and circumstances of the insured event or the amount of damage (losses) caused
existence of circumstances that are exceptions to insured events and insurance limitations provided for in the insurance contract;
existence of other grounds established by law or the insurance contract.
The Insurer’s decision to make or refuse to make an insurance payment may be appealed by the Insured in court.

Not established, determined in accordance with the Insurance Program or by agreement of the Parties to the Agreement

The grounds for payment of insurance indemnity shall be the decision to pay insurance indemnity made by the Insurer within 20 working days from the date of receipt of documents specified in these General Terms and Conditions and/or documents specified in the Contract, unless otherwise provided by the terms and conditions of the Contract.
The decision to pay insurance indemnity shall be made by the Insurer on the basis of the following documents:

Application for payment of insurance indemnity in the form established by the Insurer;
copies of the Contract;
documents allowing identification of the Insured/Beneficiary. documents confirming the Insured’s and/or Beneficiary’s property interest in the equipment;
technical passport, instruction manual for operation/use of equipment (if any);
list of persons responsible for the losses (if any);
documents required to confirm the fact, causes, circumstances of the event having signs of an insured event and determine the amount of losses incurred:
documents of the competent authorities in accordance with the nature of the event (theft, etc.);
documents confirming the amount of additional expenses incurred by the Insured.

Equipment inspection report drawn up with the participation of the Insured and the Insurer/Service Center;
other documents at the Insurer’s request relating to the fact, causes, circumstances of the event having signs of an insured event and the amount of damage;
In case of disputes between the Parties regarding qualification of the event as an insured event, causes and circumstances, amount of loss to be indemnified in connection with the insured event, and if the Insurer has doubts as to the accuracy of the information contained in the documents, each of the Parties shall have the right to conduct an independent examination at its own expense. In this case, the Insurer’s decision to pay or refuse to pay insurance indemnity may be postponed, but not more than for 6 months.
The insurance indemnity shall be paid within the limits of direct loss incurred by the Insured or the Beneficiary, but not more than the sum insured specified in the Contract.

The amount of direct loss caused as a result of an insured event shall be determined:
In case of destruction of equipment – within the actual cost/book value/market value/reproduction cost including depreciation/excluding depreciation depending on the terms of the Agreement as of the date of the insured event and the value of available residues suitable for further use.
In case of loss of Equipment – within the actual cost/book value/market value of the Property.
In case of damage to the Equipment – within the cost of restoration works including wear and tear/excluding wear and tear depending on the terms and conditions of the Agreement as of the date of the Insured Event for the replaced parts, components, materials.

The cost of restoration work includes:

– the cost of materials and spare parts required to restore the Equipment to the condition in which the Property was before the insured event;
– the cost of restoration work;

The amount of indirect loss incurred as a result of an insured event shall be determined by deducting the part of losses not indemnified by the Insurer under the Contract (deductible) and the amounts received by the Insured as compensation for the loss from third parties.

If the Insured/Beneficiary replaces damaged parts of the Property, despite the fact that it was possible to repair them without jeopardizing further operation of the Property, the Insurer shall indemnify the Insured/Beneficiary only for the cost of repair of such parts, but not more than the cost of replacement of such parts.

In case of commencement of pre-trial investigation in criminal proceedings, initiation of proceedings in case of administrative offenses, initiation of proceedings in civil or commercial proceedings, the decision on payment of insurance indemnity shall be made after completion of pre-trial investigation (closure of criminal proceedings) or delivery of a verdict by a court in criminal proceedings, or delivery of a court ruling or decision on application of compulsory medical measures, or delivery of a ruling in the case of administrative offenses. In this case, the term for making a decision on payment of insurance indemnity may be extended up to 12 months, unless otherwise provided for in the Contract, from the date of commencement of pre-trial investigation in criminal proceedings, initiation of proceedings in administrative offenses, initiation of proceedings in civil or commercial proceedings. If the Insured/Insured person files a claim to court regarding an event that has signs of an insured event, the latter shall be obliged to file a corresponding application to the court to involve the Insurer as a third party without independent claims. Violation of this obligation may be grounds for refusal to pay insurance indemnity.

Insurance indemnity shall be paid by the Insurer to the Insured/Beneficiary within 20 working days from the date of drawing up the Insurance claim and on its basis. The Insurer shall draw up the Insurance claim within 20 working days from the date of receipt of documents specified in the General Terms and Conditions/Contract.

After determining the amount of losses incurred by the Insured as a result of an event that has signs of an insured event, the Insurer shall have the right to carry out an expert evaluation of the Equipment in order to determine its actual value at the time of such event. If the sum insured is a certain proportion of the value, the insurance indemnity shall be paid in the same proportion of the losses determined in the insured event, unless otherwise provided for in the terms and conditions of the Contract. If the Insured continues to use the Equipment requiring repair, the Insurer shall indemnify for the loss only to the extent not caused by such use.

After the Insurer pays the insurance indemnity, which is a part of the sum insured, the Contract shall remain in force until its expiration. In this case, unless otherwise provided by the Contract, the amount of the Insurer’s liabilities shall be reduced by the amount of the paid insurance indemnity, and the principle of proportionality shall apply to subsequent payments of insurance indemnity, i.e. payment of insurance indemnity shall be made in proportion to the ratio of the amount of the Insurer’s liabilities reduced by the amount of the insurance indemnity already paid to the initial sum insured provided for by the Contract.

If the Equipment is insured with several insurers and the total insured amount exceeds the actual value/book value/market value/reproduction value, the insurance indemnity paid by all insurers shall not exceed the actual value/book value/market value/reproduction value. At the same time, each insurer shall pay in proportion to the amount of the insured amount under the Agreement concluded by it.

If, after payment of insurance indemnity, the Insured is fully indemnified by a third party, the Insured shall be obliged to return the paid insurance indemnity to the Insurer. If, after payment of insurance indemnity, the Insured is partially indemnified by a third party, the Insured shall be obliged to return to the Insurer the amount of indemnity received from the third party

In case of termination of the Insured’s legal entity activity through its reorganization, its rights to receive insurance indemnity shall be transferred to the legal successor in accordance with the laws of Ukraine.

The Insurer shall have the right to postpone the decision to pay or refuse to pay the insurance indemnity until the necessary information is received, but not more than for 6 months from the date of receipt of the Insured’s application, in cases where:

– he/she has reasonable doubts as to whether the Insured or any other third party in whose favor the Agreement is concluded is entitled to receive insurance indemnity;
– the documents provided do not allow to fully clarify the causes and circumstances of the insured event, the amount of losses incurred;
– the extent and nature of damage to the Equipment do not correspond to the causes and circumstances specified by the Insured in the Event Claim Form.

If the consumer fails to fulfill the obligations set forth in the insurance contract, including late notification of an insured event without valid reasons and late payment of the insurance premium or its next installment, the Insurer shall have the right to refuse to make an insurance payment or to declare the contract null and void.

The above consequences are specified in the standard insurance contract for this standard insurance product, available at the link

It is possible to purchase this insurance product separately if such a product is offered together with related and/or additional non-insurance goods, work or services as part of a single package or agreement

Information on possible discounts and/or promotional offers with terms and conditions of receipt and validity will be published at the link

Material Circumstances (Material Information) means circumstances that are essential for assessing the insurance risk (determining the probability and likelihood of an insured event occurring and the amount of possible losses) and/or other information that is essential for the Insurer to make a decision on entering into an insurance contract, including the existence of an insurable interest and/or the amount of the insurance premium under the insurance contract. The information specified by the Insured in the application for insurance shall be deemed to be Material Circumstances, in particular, information on the cost, type of equipment, IMEI or serial number.

Before entering into an insurance contract, it is recommended that you carefully read the following information:
1. List of events recognized as insured events.
2. The grounds for refusal to make insurance payments, the list of exceptions to insured events and insurance restrictions.
3. Limits of liability of the insurer (amount of insurance coverage for each individual insurance risk (event); sublimits and restrictions for certain types of services, etc.
4. Calculation procedure and conditions of insurance payments (algorithm for determining the amount of insurance payment; terms and conditions of payment after the insured event, etc.).
available at:
GENERAL TERMS AND CONDITIONS OF THE INSURANCE PRODUCT
“INSURANCE OF HOUSEHOLD AND DIGITAL TECHNOLOGY”
available at
General Terms and Conditions of the Technology

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