On April 28, 2022, the National Bank of Ukraine received information from foreign partners that citizens of Ukraine must have a Green Card policy when crossing the Polish border, this practice, apparently, will be extended to borders with other countries, noted on the NBU website.
In this regard, the regulator recommends that Ukrainian citizens traveling abroad in their own car purchase a Green Card policy.
As reported, since the beginning of the war, Ukrainians had the right to cross the borders of Poland, Slovakia, Hungary and Moldova in their own cars without a Green Card policy.
“We are grateful to all the countries that were sympathetic to the situation in which the citizens of Ukraine found themselves. At the beginning of the war, most of them had no opportunity to purchase Green Card policies, going abroad in search of a safe place. Insurers, together with the MTIBU, have established the process of transporting policies to the relocated offices of insurance companies and to the border. They have also worked out the optimal conditions for acquiring and using such a policy,” says Olga Maksimchuk, director of the Department for Supervision of the Non-Banking Financial Services Market of the NBU, whose words are quoted in the message.
Today, you can conclude an international insurance contract “Green Card” with a 50% discount for a period of 15 days and 1 month from Ukrainian insurers. The cost of the policy depends on the type of vehicle, the country of visit and the duration of the insurance contract. The price for the “Green Card” insurance policy is determined by the MTIBU and is the same for all insurers. The cost of the Green Card policy in Ukraine is lower than in most countries.
In addition, the process of obtaining a “Green Card” has been significantly simplified due to martial law. Thus, online issuance of “Green Card” policies has been introduced through the generation of the corresponding pdf-files (electronic policy). Member countries of the “Green Card” system recognize Ukrainian electronic policies, they do not need to be printed out and can be presented from any gadget.
“Green Card” – an insurance certificate of a single form, used in the member countries of the international automobile insurance system “Green Card”.
