Ukrainian Strahovski cheat with policies tourists – expert

Ukrainian Strahovski cheat with policies tourists - such machinations bring companies extraordinary profits, calculated specialist

Ukrainian insurance companies by using various tricks with policies that are mandatory when traveling abroad, create conditions for non-payment under insurance claims, thereby earning four times more than their foreign counterparts. Such opinion during the press conference expressed the Director of consulting company Invest Expert William Victor Bear.

 

"Today, insurance companies are "twisting" conditions of insurance policies so as to collect the maximum amount of money and not to pay any compensation", he said.

The expert has noticed that for today many Ukrainian tourists fall into a situation where, having insurance policy, they can't get even primary health care abroad, and to pay the full cost of treatment because of the high cost not everyone can.

According to Bear, the insurance companies in Ukraine specially develop the terms of contracts that payments on insurance cases, occurred as rarely as possible. As an example, he cited the financial performance of foreign insurance company.

According to him, overseas insurance payments of the company approximately 80% derived from the sale of the insurance funds, while its Ukrainian "daughter" pays just 20%. "This does not mean that we have less insurance claims, it's just our attitude to people is that they simply do not pay. Accordingly, the profitability of the subsidiary in Ukraine is 4 times higher than in any European state," he said.

In this regard, the expert noted that the insurance market in Ukraine is in need of serious resolution, because it includes not only questions concerning the medical assistance to the tourist, but also responsibility of citizens.

 

As reported, in August 2015, the debt of the 15 largest insurance companies operating on the Ukrainian market, in front of customers was about 16 million USD, and in some cases the debts of insurers on insurance claims were not paid since 2013.