Insurance

What is a car total?

Each insurance company has a list of deductibles for CASCO insurance. They can be for road accidents, minor damage, as well as total and illegal possession. To understand which option to choose, you need to understand this concept.

What is a total in car insurance?

Total loss is the complete structur...

What is underwriting and underwriter?

As insurance products develop in the Ukrainian market, each insurance company hires underwriters to assess risks when creating new products or introducing new prices. Below, we will take a closer look at these concepts.

Concepts and definitions

Underwriting is the process of analyzing the risks offer...

What is the sum insured and the insurance premium?

When buying an insurance policy and looking at its terms and conditions, many people have questions: "what is the sum insured?", "what is the insurance premium?" and how they differ. Below, we'll go into more detail and describe a few points.

Concepts and definitions

The difference between an insurance company, broker and agent

As the insurance market develops, new companies are emerging to provide insurance services. But how can you distinguish an insurance company from an insurance agent or broker? And what is the difference between an insurer and an insured? Let's take a closer look at this below.

Concepts and definitions

What is a contract prolongation?

Almost all service industries have a contract that is concluded between two or more entities for a certain period of time. When the contract comes to an end, the parties have to decide whether to extend it. Today, we're going to talk about the extension of an insurance contract.

What is an insurance contract extension...

TOP 5 digitalized insurance services in Ukraine

The development of technology and the race among insurance companies allows us to scale and improve insurance products online. Every year, more and more insurance companies are bringing their products online, which allows services like KIRINS to increase the number of offers on their platform. Today, let's take a look at the most popul...

What is an insurance policy?

An insurance policy is a document that includes all the most important terms and conditions of the insurance contract, the insured's data, and other information, including information about the insurance company.

On the KIRINS website, after a successful purchase of an insurance product, an insurance policy is sent to ...