Car seats insurance

What does it consist of?
THE INSURANCE GUARANTEES THE PAYMENT of compensation to all persons located in the vehicle at the time of the incident, for injury or death. In the case of this insurance, it does not matter who is to blame for the incident.

How is it concluded?
ALL THE SEATS IN THE VEHICLE ARE INSURED in accordance to the vehicle’s registration documents, plus the driver’s seat. Insuring only part of the seats is not allowed. Insuring fewer seats is permitted for special purpose vehicles, ambulances, specialized bank vehicles. The insurance may also be concluded for trucks and vans which are not used for transporting passengers, as only the seats in the cabin, including the driver’s seat, are insured. All persons located in the vehicle during the road accident are insured. If the persons travelling in the insured vehicle are more than the number of insured seats at the time of the incident, than all compensations are proportionally reduced so that their amount does not exceed the total insurance amount for the insured seats in the vehicle. The insurance amount for one seat is determined by the client. It is the same for all insured seats.

Where does it apply?
THE INSURANCE APPLIES for the territory of Bulgaria, unless an additional premium is paid for abroad, which is listed on the policy.

What does it cover?
THE INSURANCE HAS TWO TYPES OF COVERAGE – main and additional. The additional coverage is concluded upon the client’s request. It is not possible to conclude additional coverage only. The main coverage includes:
Death in accident. Permanent loss of work capacity as a result of an accident.

    
The additional coverage includes:
Temporary loss of work capacity as a result of an accident. Medical expenses as a result of an accident.

What compensations are paid?
IN CASE OF THE INSURED PARTY’S DEATH, the legal heirs are paid the insurance amount for one seat, as listed in the policy, divided in equal shares among the heirs. IN CASE OF PERMANENT LOSS OF WORK CAPACITY of the insured party, the compensation paid is calculated as a percentage of the insurance amount, equal to the percentage of work capacity lost, which is determined as per the legal procedure.

What is the limit?
THE TOTAL COMPENSATION AMOUNT for all accidents during the insurance period for one insured seat or for all insured seats may not exceed the relevant insurance amounts listed in the policy.