CASCO: How to Protect Your Car and Wallet from Major Expenses

One accident — huge costs: how CASCO helps protect your car and wallet

A car is one of the most expensive purchases in life. Many of us save for years to buy a dream car or take out a loan, investing significant funds.
We carefully choose the model, monitor its technical condition, and worry about every scratch.
Yet, despite investing heavily in a car, many drivers leave it without full protection.

Accidents, theft, damage from weather or third-party actions — these are risks that cannot be completely avoided. This is exactly where CASCO comes in.

CASCO vs. OSAGO: what’s the difference?

These two types of insurance are often confused:

• OSAGO — mandatory insurance that covers damage caused to third parties if the driver is at fault in an accident.

• CASCO — voluntary insurance that protects the owner’s car itself, regardless of who is at fault.

CASCO covers damage from accidents, theft, fire, natural disasters, vandalism, and other common risks. Even in complex situations where fault is unclear, the insurance protection applies directly to your vehicle.

Why CASCO is rarely used

In Kyrgyzstan, CASCO is still an underappreciated tool. The main reasons are price, the complicated registration process, and the need to pay a large sum upfront.
However, MBANK has made insurance much more accessible!

CASCO at MBANK: simple and online

MBANK has simplified the CASCO registration process, making it as convenient as possible for clients.
The policy can be issued fully online — directly in the app, with no office visits or paperwork.
A physical inspection of the car is not required: just take photos of the vehicle following the prompts in the app.

Installment plans through M+

You can now get a CASCO policy in installments — a key advantage.
No need to pay the full amount at once: CASCO is available in 3, 6, 9, or 12-month plans without extra charges.
Payments are divided into parts without burdening your budget.
The car is protected from the very first day of the policy.

What’s important to know about the terms

• The insurance payout does not exceed the insured amount stated in the contract and corresponds to the market value of the vehicle at the time of policy issuance.

• Damage assessment is carried out by independent experts.

• Repairs are performed using only original parts and components.

Protection that costs less than repair

A single CASCO policy can protect not only your car but also your wallet — from expensive repairs, theft, and significant financial losses.
It provides peace of mind that costs far less than the consequences of even a single accident.

The “CASCO in Installments” service from MBANK, in partnership with JSC “NSC,” makes car insurance accessible and convenient. You can get a policy right now — online, with installment payments.

MBANK — the first digital bank.
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