Motor Accident Insurance

Compulsory third party liability insurance for owners or users of motor vehicles.

In accordance with the law, all owners or users of motor vehicles are obliged to conclude a third party liability insurance policy.

Motor vehicle operation represents potential danger, which may cause the following damage to third parties:

• death
• personal injury
• health damage
• loss or damage to property

If you purchase a third party motor liability insurance policy with Euroherc, we will pay for the damage caused to third parties if the accident is your fault.

Who are third parties?

Third parties are pedestrians and passengers in another vehicle which took part in the accident. Passengers in your vehicle are also considered third parties.

In accordance with the law, the persons who are not entitled to compensation under motor liability insurance include:

• the driver
• the driver’s legal successors, for damage due to driver’s death or injury
• the owner, co-owner or any other user, for damage to personal property or items transported in the vehicle

Additional insurance cover under the MTPL policy?

Take advantage of a number of options for an additional cover on your motor third party liability policy.

Motor Accident Insurance - insurance for drivers and passengers against accidents.

MTPL Plus - under this insurance policy, the driver is entitled to bodily injury indemnity even if the driver has caused the accident.

Glass Insurance - insurance of windshield and window glass on your vehicle.

Bonus and discounts

The amount of the insurance premium depends on bonuses and discounts.

BONUSES:

You receive a bonus for each year without any claim reported on your motor third party liability insurance policy:

• after 1st year - 10%
• after 2nd year - 15%
• after 3rd year - 20%
• after 4th year - 25%
• after 5th year - 30%
• after 6th year - 35%
• after 7th year - 40%
• after 8th year - 45%
• after 9th year - 50%

The entitlement to bonus is exclusive to the owner or user of the vehicle and is not transferrable to new owners. Exceptionally, when the vehicle’s title deeds are transferred to a member of the owner’s nuclear family (spouse, children, parents), the entitlement to a certain premium degree is transferred to the successor.

Exceptionally, the entitlement to the accrued premium degree may be transferred to the policyholder’s spouse if the policyholder sells or unregisters the motor vehicle (passenger cars and motorcycles only).

If you are purchasing another vehicle (natural persons only), based on the accrued bonus on your current motor third party liability insurance policy, you and your spouse are entitled to the following bonus for the new passenger car from the same premium group (passenger cars and motorcycles only):

Bonus accrued on the current policy Bonus for each further newly acquired passenger vehicle:

• 50% and 45% 25%
• 40% and 35% 20%
• 30% and 25% 15%

The insurer will recognise the accrued premium degree if presented with the original copy of a previous third party motor liability insurance policy or certificate from a previous insurer.

DISCOUNTS:

The policyholder may use one of the listed bonuses for a single passenger car only. A discount is available for:

• Persons with physical disability of 80% or more may obtain a discount of 15% of the total motor third party liability insurance premium.
• Persons with physical disability of 80% or more on their lower limbs, or those who are completely blind, are entitled to a bonus of 20% of the total motor third party liability insurance premium.

Motor accident insurance for drivers and passengers.

For additional insurance of the driver and passengers in your vehicle, we always recommend that you add a motor accident insurance to your Motor Third Party Liability and your Motor Casco Insurance.

You can choose a desired insurance amount, and purchase motor accident insurance against the following risks:

• death
• disability
• healthcare costs