Business Compensation and War Risk Insurance Program

The state program for partial compensation of the value of business property destroyed or damaged as a result of the armed aggression of the Russian Federation, as well as partial compensation of insurance premiums under war risk insurance contracts, was approved by Resolution of the Cabinet of Ministers of Ukraine No. 1541 dated November 28, 2025, and enters into force on January 1, 2026. The implementation of the mechanism on behalf of the state is ensured by PJSC "Export Credit Agency" (PJSC "ECA").

The main goal of the program is to create a reliable support and protection tool for private business amidst the ongoing war threat. The program enables business entities to join the state system for covering potential future property losses caused by enemy actions in advance, as well as to reduce the cost of property insurance by partially compensating paid insurance premiums under relevant contracts.

A key feature of the instrument is its focus exclusively on future war risks: only losses that occurred after the Resolution came into force (after January 1, 2026) and after the business entity acquired official participant status under the program are eligible for coverage. Previously sustained losses are not compensated under this instrument. Furthermore, submitting an application for compensation for destroyed or damaged property legally constitutes accession of the applicant to an agreement assigning to the State of Ukraine the right of claim against the Russian Federation for damages in the amount of the paid compensation.

• Participant categories: Individual entrepreneurs (FOP) and private legal entities registered under the laws of Ukraine.
• Geographical requirements:
  • For property compensation: Property is located, stationed, or transiting through high-risk territories (Dnipropetrovsk, Donetsk, Zaporizhzhia, Kyiv, Mykolaiv, Odesa, Poltava, Sumy, Kharkiv, Kherson, Chernihiv oblasts, and Kyiv city, except TOT).
  • For insurance premium compensation: Property is located in government-controlled territory of Ukraine.
• Restrictions and entity requirements:
  • Participation prohibition for state and municipal sector entities.
  • Absence of bankruptcy, rehabilitation, or liquidation proceedings.
  • Absence of tax debt as of the 1st day of the month preceding application submission.
  • Absence of personal NSDC and EU sanctions.
  • Absence of ultimate beneficial owners or founders who are citizens/residents of the RF, RB, or associated with terrorist organizations.
  • Absence of liability for economic competition protection law violations within the last 3 years.
  • Absence of criminal record or liability for corruption offenses.

• Maximum compensation limits:
  • For property damage or destruction: up to UAH 30,000,000 per business entity cumulatively for the entire duration of the program.
  • For insurance premiums: up to UAH 5,000,000 per business entity per calendar year.
• Eligible costs and coverage:
  • Direct (real) loss from damage or destruction of movable and immovable property due to enemy actions (production buildings, structures, premises, utility networks, industrial and technological equipment, fuel storage tanks, fuel belonging to excise warehouse managers, mobile excise warehouses, agricultural machinery, trucks, and trailers/semi-trailers weighing over 7.5 tons).
  • Actually paid insurance premiums (or parts thereof) under property war risk insurance contracts concluded after January 1, 2026.
• Ineligible costs and restrictions:
  • Losses sustained prior to January 1, 2026, or before acquiring participant status in the program.
  • Property objects located in the temporarily occupied territories of Ukraine.
  • State and municipal sector business entities.
  • Portions of insurance premiums under insurance contracts covering risks other than war risks.

• Partial compensation of direct loss: Payment of funds for destruction or damage of property resulting from direct or indirect impact of weapons, missiles, unmanned aerial vehicles (UAVs), artillery shelling, aerial bombs, air defense/anti-missile systems, their debris, explosions, shock waves, and fires caused by military actions.
• Partial compensation of insurance premiums: Reimbursement of part of business entities' expenses for paying insurance premiums under property war risk insurance contracts.

• November 28, 2025: Adoption of Resolution No. 1541 by the Cabinet of Ministers of Ukraine.
• January 1, 2026: Official launch of the program and entry into force of its mechanisms.
• Within 30 calendar days from participation application submission: Verification of submitted documents by the Agency (PJSC "ECA") and issuance of a decision on inclusion in the program's participant list or on identified deficiencies.
• Within 10 working days from the date of notification: Period granted to the applicant to rectify identified document deficiencies and/or pay the mandatory fee.
• Until May 1, 2026: Period during which participants may submit clarifications regarding an increase in the previously declared estimated damage amount.
• Date of war risk occurrence: Registration of the property damage/destruction incident by competent authorities (State Emergency Service, National Police, Security Service of Ukraine, ERDR).
• Within 3 months from the date of termination/cancellation of martial law: Final deadline for the applicant to submit an application for compensation for damaged/destroyed property.
• Up to 30 calendar days (with potential extension by another 30 days): Review of the compensation application by the Agency and decision-making on payout.
• Not earlier than the 31st day from signing the insurance contract and no later than 30 days after its expiration: Submission of the application for insurance premium compensation payout by the applicant.
• Monthly by the 10th day: Reporting by insurance companies to the Agency on concluded and active contracts.

• For property compensation direction:

1. 1. Calculate estimated damage and pay the mandatory fee of 0.5% using PJSC "ECA" banking details at JSC "Ukreximbank" (IBAN: UA 923223130000026505000000988).
   2. Fill out the Application for Participation using the Agency's approved form.
   3. Prepare the package of supporting documents (ownership documents, EDR extract, etc.).
   4. Sign the application and all attachments with the manager's or authorized representative's QES/AES.
   5. Send the electronic application to info@eca.gov.ua (indicating ЄДРПОУ_1541 for legal entities or РНОКПП_1541 for FOP in the email subject line) or submit via the website eca.gov.ua.
   6. In the event of a war risk occurrence — submit the Application for Compensation along with supporting documents from government authorities and a loss valuation report.

• For insurance premium compensation direction:

1. Pay a fixed fee of UAH 5,000 to PJSC "ECA" account (IBAN: UA 833223130000026504000000990 at JSC "Ukreximbank").
2. Upon concluding a war risk insurance contract, submit an Application for Participation to the insurance company (no later than 7 calendar days from contract signing).
3. Receive an inclusion notification from the insurer (within 5 working days).
4. Submit the Application for Insurance Premium Compensation Payout with a package of documents (contract, payment receipt, certificates), signed with QES, to email info@eca.gov.ua or via website.

• Applicant status: Qualification as an individual entrepreneur (FOP) or private sector legal entity (excluding state and municipal enterprises, as well as non-residents).
• Legal purity and compliance: Absence of tax debt as of the 1st day of the submission month, absence of bankruptcy or liquidation proceedings, absence of personal sanctions (NSDC, EU), absence of links to the RF/RB or terrorist organizations, absence of convictions for corruption or anti-competitive violations over the last 3 years.
• Geography and property characteristics: Property location within designated high-risk oblasts (for property compensation) or within government-controlled territory of Ukraine (for insurance premium compensation).
• War risk verification: Availability of official documents confirming that damage occurred directly as a result of military actions (ERDR extract, SES reports, National Police/SBU certificates).
• Validity of loss amount: Compliance of the provided property valuation report, valuation act, or expert conclusion with legal requirements.

• For participation in the property compensation program:
  • Application for participation in the program using the Agency's approved form.
  • Copies of documents confirming property ownership (for movable and immovable property; not required for fuel).
  • EDR extract generated no earlier than 10 days before application submission (without selecting the "as of date" option).
  • Proof of payment of the 0.5% fee.
  • Copies of documents confirming the signatory's authority (order, protocol, power of attorney).
  • Copies of passport and RNOKPP of the manager/signatory.
• For property damage compensation payout:
  • Application for loss compensation payout using the Agency's form.
  • Certificate of no tax debt (as of the 1st day of the submission month) or State Tax Service information system extract.
  • Recent EDR extract and signatory documents.
  • Property ownership documents for damaged/destroyed property.
  • Official documents confirming war risk occurrence (ERDR extract, SES acts, Police or SBU certificates).
  • Property valuation report, evaluation act, or forensic expert report on direct (real) loss amount (with review if available).
• For insurance premium compensation payout:
  • Application for insurance premium compensation payout.
  • Copy of participation application previously submitted to the insurer.
  • Copy of insurer's notification on inclusion in the program.
  • Copy of war risk insurance contract.
  • Documents confirming payment of insurance premium (payment order, receipt).
  • Certificate of no tax debt as of the 1st day of the month.
  • EDR extract, passport, RNOKPP copies, and signatory authority documents.

• Declaration of compliance: By signing the application, the applicant declares full compliance with the requirements of Clause 4 of Order No. 1541 under their own legal responsibility.
• Assignment of claim rights: Submitting an application for compensation for destroyed or damaged property constitutes automatic accession to an agreement assigning to the State of Ukraine the right of claim for compensation against the aggressor state (RF) in the amount of the received payout.
• Sanctions for inaccuracy: If facts of submitting knowingly false data or illegal receipt of compensation are established, the recipient is obliged to return the funds in full within 30 calendar days upon demand.
• Insurer reporting: Insurance companies are obliged to submit monthly generalized information on contracts and participants to the Agency by the 10th day of each month using the approved template.

• Legal basis: The program operates in accordance with Cabinet of Ministers of Ukraine Resolution No. 1541 dated November 28, 2025.
• Participation conditions: Participation is voluntary and fee-based via payment of a mandatory fee (0.5% of estimated damage amount or UAH 5,000 per insurance application).
• Fee non-refund rules: Paid fees are non-refundable in case no war event occurs, compensation is denied, or budget funding is unavailable. The fee is refunded exclusively in cases of rejection of program inclusion or leaving the application unreviewed.
• Assignment of claim rights: Submitting an application for destroyed or damaged property compensation is legal consent to accession to an agreement assigning to the State of Ukraine the right of claim for compensation against the Russian Federation in the amount of the received payout.
• Electronic format: All documents are submitted electronically with a qualified electronic signature (QES) or advanced electronic signature (AES).
• Liability: If facts of submitting knowingly false information or illegal receipt of compensation are established, funds must be returned to the budget within 30 calendar days.