It is registered
Ministry of Justice of Ukraine
February 9, 2005
of December 28, 2004 No. 3197
About approval of the Regulations on procedure and conditions of maintaining strakhovikama of the personified (individual) accounting of life insurance contracts
For the purpose of establishment of procedure and conditions of maintaining strakhovikama of the personified (individual) accounting of life insurance contracts and according to part two of article 16 of the Law of Ukraine "About insurance" State commission on regulation of the markets of financial services of Ukraine POSTANOVILA:
2. To department of state regulation and market development of financial services (Ugrin I. B.) and to provide to legal management (Tkachenko D. V.) provision of this order on state registration in the Ministry of Justice of Ukraine.
3. To management of organizational and analytical ensuring work of the head (Shevchenko T. M.) provide publication of this order in mass media.
4. Control of execution of this order to assign to the vice-chairman Mosiychuk T.K.
Approved by the Order of State commission on regulation of the markets of financial services of Ukraine of December 28, 2004 No. 3197
1.1. This Provision is developed in pursuance of requirements of part two of article 16 of the Law of Ukraine "About insurance", the subitem 58 of item 4 of the Regulations on the National commission performing state regulation in the sphere of the markets of financial services, No. 1070 approved by the Presidential decree of Ukraine of November 23, 2011.
1.2. This Provision regulates procedure and conditions of maintaining strakhovikama of the personified (individual) accounting of life insurance contracts.
1.3. The concept of the personified (individual) accounting of life insurance contracts of this Provision is used in value of system of the actions providing registration, processing, accumulating and storage of data according to life insurance contracts.
2.1. Strakhoviki, performing life insurance, shall keep the personified (individual) account of life insurance contracts and within the life insurance contract the personified (individual) accounting on each insured person.
2.2. The personified (individual) accounting of life insurance contracts is performed strakhoviky by maintaining the register electronically. Together with maintaining the register electronically strakhovik can apply paper form of maintaining the register.
2.2.1. All records in the register are kept in Ukrainian, and also in other languages in cases, stipulated by the legislation, in chronological procedure in process of emergence of events which in it are registered. The data provided by this Provision shall be stored in the register during all effective period of insurance contracts. After the termination of the duration of the agreement of insurance or its termination of the data are removed in archival part of the register with possibility of their further use.
2.2.3. When maintaining the register electronically the software and special technical equipment of strakhovik shall meet the requirements established by the National commission performing state regulation in the sphere of the markets of financial services.
2.2.4. The system of the register shall be conducted so that the possibility of recovery of any lost information was provided.
2.2.5. Strakhovik shall provide accounting of all documents based on which changes, amendments are entered in registers.
2.3. The register shall contain:
2.3.1. Information about the insurer:
a) concerning the insurer - physical person:
surname, name, middle name;
b) concerning the insurer - the legal entity:
code on EGRPOU.
2.3.2. Data on terms of the contract of insurance:
date of the conclusion and agreement number of insurance;
the date of entry into force of the insurance contract and duration of the agreement of insurance;
surname, name, middle name of insured person;
birth date of insured person and its address;
sex of insured person;
list of insured events;
size and frequency of payment of insurance premiums;
size of insurance sum and/or insurance payments (procedure and frequency of their payment), including data on payment of insurance premiums;
surname, name, middle name, birth date and (or) name of the beneficiary (beneficiaries), its address; insurance currency;
the size of size of investment revenue according to the insurance contract;
information on change and termination of the contract of insurance.
2.3.3. Data on the created insurance reserves on life insurance according to each insurance contract by currencies.
2.4. Strakhoviki shall enter in the register information on the conclusion, change or the termination of insurance contracts within 5 calendar days from the date of their conclusion, change or the termination.
2.5. Data according to the insurance contracts which voided or stopped the action are stored strakhoviky during the term provided by the current legislation of Ukraine.
Control of observance of requirements of this Provision is exercised by the National commission performing state regulation in the sphere of the markets of financial services according to the current legislation.
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
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