We are glad to propose our clients insurance services : Green card insurance, CMR insurance.
“Green Card” is an obligatory insurance of civil liability of owners of vehicles outside Ukraine in the territory of the member countries of the international system of automobile insurance “Green Card”.
In case of departure of a vehicle registered in Ukraine, member countries of the international system of automobile insurance “green card” holder of the vehicle should have a valid international insurance contract, confirmed by the relevant harmonized insurance certificate “Green Card.”
International Treaty “Green Card” is a term of 15 days, 1 month, 2 months, 3 months, 4 months, 5 months, 6 months, 7 months, 8 months, 9 months, 10 months, 11 months or one year.
Insured amount is established according to the law of the country in which the insured event occurred. The insured event is an accident, which caused damage to a third party.
In simple words, CMR insurance is a specific insurance cover that enables couriers and hauliers to carry cargo legally within European nations. The coverage ensures that the involved cargo carriers are in compliance with CMR convention.
It must be noted here, that CMR insurance applies to delivery of cargo by the road-in-vehicles. According to EU law, the goods carriers would have to produce the CMR consignment proof at the customs & while unloading.
The CMR insurance would apply when:
- The carriage of cargo would be by road & the cargo would be on the road wheels all through the period of transit.
- The carriage of goods would for reward or for hire.
- The transit would be between minimum two nations where one of them is a signatory of CMR convention.