Direct settlement is where the injured party\u2019s own insurer pays the claim under their own MTPL policy.<\/p>\r\n\r\n\r\n\r\n
The injured party submits a claim to their own insurer under their MTPL contract. That insurer reviews the circumstances, decides, and pays the claimant. The timescales and procedure for handling the case follow the standard statutory rules.<\/p>\r\n\r\n\r\n\r\n
Direct settlement is the injured party\u2019s right, not an obligation.<\/p>\r\n\r\n\r\n\r\n
In other words, the injured party can choose: their own insurer, or the at-fault driver\u2019s insurer. Once you submit a claim to one, you lose the right to claim from the other, and you confirm in writing to your own insurer that you have not approached the other company.<\/p>\r\n\r\n\r\n\r\n
Direct settlement is subject to limits:<\/p>\r\n\r\n\r\n\r\n
– only two vehicles were involved in the accident, both insured under MTPL;<\/p>\r\n\r\n\r\n\r\n
– or only two vehicles were involved, of which the injured party holds the MTPL policy;<\/p>\r\n\r\n\r\n\r\n
– the injured party suffered only material damage to the vehicle, with no injury or loss of life.<\/p>\r\n\r\n\r\n\r\n
After paying the claim, the injured party\u2019s insurer recovers the amount from the at-fault driver\u2019s insurer by way of recourse.<\/p>\r\n\r\n\r\n\r\n
Every insurer selling MTPL takes part in direct settlement. This is required under Article 19 of the relevant Law of Ukraine.<\/p>","protected":false},"excerpt":{"rendered":"
Direct settlement is where the injured party\u2019s own insurer pays the claim under their own MTPL policy. The injured party submits a claim to their own insurer under their MTPL contract. That insurer reviews the circumstances, decides, and pays the claimant. The timescales and procedure for handling the case follow the standard statutory rules. Direct […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false},"categories":[23,5,12],"tags":[109,108],"_links":{"self":[{"href":"https:\/\/polis24.com.ua\/en\/wp-json\/wp\/v2\/posts\/9428"}],"collection":[{"href":"https:\/\/polis24.com.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/polis24.com.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/polis24.com.ua\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/polis24.com.ua\/en\/wp-json\/wp\/v2\/comments?post=9428"}],"version-history":[{"count":1,"href":"https:\/\/polis24.com.ua\/en\/wp-json\/wp\/v2\/posts\/9428\/revisions"}],"predecessor-version":[{"id":10664,"href":"https:\/\/polis24.com.ua\/en\/wp-json\/wp\/v2\/posts\/9428\/revisions\/10664"}],"wp:attachment":[{"href":"https:\/\/polis24.com.ua\/en\/wp-json\/wp\/v2\/media?parent=9428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/polis24.com.ua\/en\/wp-json\/wp\/v2\/categories?post=9428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/polis24.com.ua\/en\/wp-json\/wp\/v2\/tags?post=9428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}