War Risk Insurance Program Streamlined for Businesses
The Ukrainian government has updated its war risk insurance program to simplify the compensation process for companies that have suffered losses due to the armed conflict. Under the new rules, participating businesses now face a reduced burden for proving damage to destroyed property, and the deadline for submitting compensation claims for insurance premiums has been extended. This initiative is part of broader efforts to support economic resilience amid ongoing hostilities.
For businesses in frontline regions, the changes allow a single claim to cover all damaged property. Companies can substantiate their losses using a property appraisal report or a forensic expert's conclusion. The simplified application process also applies to damaged or destroyed equipment and networks, with no requirement to wait for entry into the Register of Damaged Property. However, the program does not cover losses for vehicles, trailers, tractors, or other items not classified as production equipment.
Insurance Premium Compensation and New Opportunities
Adjustments also affect insurance premium compensation for businesses across all of Ukraine. Claims can be submitted starting from the 31st day after the insurance contract is signed and up to 30 days after it expires. For companies that signed contracts after January 1, 2026, applications will be accepted until August 1, 2026. The previous requirement that the insured property be used in core business activities has been removed. The maximum annual compensation is capped at 3 million hryvnias, with the limit calculated based on the date the insurance contracts were signed.
“The program is now more flexible. These changes will help entrepreneurs secure funds faster to restore production and preserve jobs.”
Oleksii Sobolev
This program update marks a significant step in supporting Ukrainian enterprises affected by the armed conflict. By simplifying loss verification and extending application windows, the government aims to accelerate financial recovery for businesses. The measures should help entrepreneurs adapt more quickly to new conditions, safeguarding jobs and promoting economic stability in the regions that have suffered the most severe damage.
In addition to the streamlined war risk insurance program, businesses can also benefit from favorable loan conditions to aid recovery from damages. With loans available at a mere 0.1% interest, companies impacted by shelling can secure essential funds for rebuilding efforts. This complementary support is crucial for maintaining operational continuity during these challenging times. For more details on the loan options available, visit the latest updates on low-interest loans.