Ukrainian govt raises compensation for damaged property in frontline regions to UAH 30 mln – PM
Ukraine’s Cabinet of Ministers has increased compensation for damaged property in frontline regions from UAH 10 million to UAH 30 million, Prime Minister Yulia Svyrydenko said.
"The government is expanding the war risk insurance program. Compensation for damaged property in frontline regions is being increased to UAH 30 million. For the rest of the country, the amount of compensation for insurance premiums is being increased to UAH 3 million," Svyrydenko wrote on her Telegram channel following a government meeting.
In particular, the following changes have been introduced regarding compensation for damaged or destroyed property: the maximum compensation amount has been increased from UAH 10 million to UAH 30 million; the provision under which compensation was reduced by the amount of previously received grants or other state support has been cancelled; businesses that have already submitted applications are now allowed to specify them by May 1, 2026, including increasing the declared amount of potential losses or adding other property to the application, provided it was included in the program at the time of damage or destruction.
As for compensation of insurance premiums, the following changes have been introduced: the maximum compensation amount has been increased from UAH 1 million to UAH 3 million; the process of obtaining support will be accelerated. Applications for compensation can now be submitted as early as the 31st day after concluding an insurance contract; if the contract provides for payment of the premium in installments, compensation will also be paid in installments, in proportion to the amounts paid.
"Since the program’s launch on January 1, 2026, the first results are already visible. In the area of compensation for damaged or destroyed property, businesses have submitted 52 applications, of which 20 have already been approved for a total of UAH 166.5 million. In the area of insurance premium compensation, 21 applications have been submitted," the prime minister said.