In Russia can appear one day insurance policies

19 October 2018

The Central Bank did not rule out the emergence of insurance policies with a validity of one day

the Most popular insurance policy on the territory of Russia is an annual. It is most beneficial to those who exploit the car all year round. Yes, semi-annual insurance is cheaper, however, not two times (it uses a factor of 0.7 from a year). In addition, for vehicles registered in Russia, one cannot obtain insurance for less than three months. But in a short time may appear one day insurance policies.

the innovation was announced by the Chairman of the Central Bank Vladimir chistyukhin, which spoke with reporters on the sidelines of the forum Finopolis. He stated that such a rule can be included in the bill of the Ministry of Finance to reform the system of calculating the price of insurance policy.

At the same time, God Chistyukhin said that some experts had concerns that a one day insurance policies can lead somehow to a deterioration of the rights themselves insured. At the same time, he sees no significant problems.

it is Noteworthy that in this case we are talking not only about life insurance, but the period of the contract. Now the term of the contract in any case is one year regardless of the period of insurance.

by the Way, in a short time can cause a three-year insurance policies. It is assumed that they may become more favorable for motorists in comparison with three a year. At the same time, while insurance companies refer to this idea with caution: they say that with such a long insurance period will be difficult to find terms for new customers. Apparently, we are talking about the fact that insurers may underestimate the risks of individual drivers, which subsequently will often get into an accident, but to revise the coefficients (including the MSC) will be possible only after three years.