
Detailed insurance information
Insurance Benefits of Compulsory Civil Liability Insurance for Car Owners under Decree 67/2023/ND-CP include:
- Compensation for Life and Health damages:
- In the event of an accident, the insurance will compensate the victim (third party) or passengers on the vehicle for health and life damages, with a maximum coverage of 150 million VND / person / accident.
- Compensation for Property damage:
- The insurance covers third-party property damage caused by the accident, with a maximum coverage of 100 million VND / accident.
These benefits help reduce the financial burden on car owners in the event of an accident, protect the rights of affected parties, and ensure compliance with legal regulations.
The Compulsory Civil Liability Insurance for Car Owners, under Decree 67/2023/ND-CP, is designed to protect third parties in the event of accidents caused by cars. This insurance is mandatory for car owners, ensuring compensation for life, health, and property damages suffered by victims in the event of an accident. The coverage includes damages not only to pedestrians but also to passengers in the vehicle. Compensation limits are regulated by the state, and this insurance helps reduce the financial burden on the party at fault.
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