The grounds on which an insurer may refuse to pay insurance amounts provided for in Article 26 of the Law of Ukraine "On Insurance". According to Article 18 of the Act the fact of conclusion the contract may be certified insurance certificate (policy, certificate), which is a form of insurance contract. [11] Insurance contract as provided in the third part of Article 18 of the Law Ukraine "On Insurance" shall take effect from the moment of first insurance payment, unless otherwise provided by the terms of insurance. In particular, according to Article 6 of this law the general conditions and procedures of voluntary insurance are determined by the rules of insurance established by the insurer themselves. ozhna party must prove the circumstances which she refers to as the basis of their claims and objections. Therefore, the plaintiff (bank) must prove that his claims for recovery of the sum insured of the insurer based on the insurance contract, which took effect insurer has responsible for the insurance contract only if absence credit to Borrower of sufficient funds to meet its obligations under the credit agreement. This fact arbitration finds in resolving the dispute. [3]