Why change the program
The state program of military risk insurance works with January 1, 2026. Its purpose is to help businesses protect their property against war-related losses, when conventional commercial insurance often does not cover such risks.
The mechanism involves participation Export Credit Agency (ECA): the state compensates the business for part of the insurance premium costs.
However, so far the program is not in sufficient demand. In general, entrepreneurs filed less than 300 applications, which created risks for the further funding and expansion of the program in 2027.
What exactly do they want to change?
The Ministry of Economy proposes to expand the program in several areas at once.
First, they want to include Kyiv and the Kyiv region in the program. They are proposed to be recognized as areas of increased military risk, which will allow enterprises in these regions to receive appropriate insurance protection.
Secondly, they plan to allow the rental property to be insured. This is important for companies that operate in their own premises or on their own facilities, but rent warehouses, production space or other infrastructure.
Thirdly, they want to add agricultural machinery and heavy goods vehicles to the list of property. Thus, the program will cover not only real estate and equipment, but also assets that are directly used in production and logistics activities.
Separate changes will concern the fuel business
For the fuel sector, the government proposes to significantly expand the list of assets that can be insured.
Currently, the program covers the premises and equipment of gas stations. In the future, they want to add to it tanks, fuel stocks, fuel in transit and vehicles used to transport it.
This should allow fuel companies to insure not only the facilities themselves, but also inventory and logistics, which may also be damaged or destroyed by Russian attacks.
The state will increase compensation for insurance
Another important change is an increase in the maximum amount of state compensation for the insurance premium.
It is proposed to raise it up to UAH 5 million.
At the same time, the maximum amount of the insurance coverage itself is planned to remain unchanged for the time being — up to UAH 30 million.
That is, the state is ready to compensate the enterprise for most of the costs of purchasing insurance protection, but the maximum amount that a business can receive in the event of an insurance event within the program will remain at the level of UAH 30 million.
When will the new rules come into effect?
The project of changes has already been sent to the central executive authorities for approval. After approval, the document should be submitted to the Cabinet of Ministers for consideration.
That is why it is currently being discussed precisely about the proposed changes, and not about the new rules that have already come into force.
If the government approves them, the program will cover many more assets and businesses. For businesses, it can become an additional tool to protect property from war risks, especially in regions that regularly experience Russian attacks.
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