Compulsory motorbike insurance PVI

Since its inception, insurance has proven its position as an effective tool in dealing with fluctuations and instability in life. Not only does it protect human assets from damage caused by unforeseen events, but insurance also helps protect income and ensure the financial future of customers when participating in insurance. Therefore, regardless of any field, whether the protection needs are human or life, property, liability, etc., insurance is always designed to be the most diverse and flexible, making it easy for customers to choose. Choose the most suitable and superior product packages. Therefore, with the article below, IBAOHIEM would like to introduce to you the program Compulsory motorbike insurance PVI– one of the insurance products among the top best-selling products in PVI today.

Compulsory insurance is a form of insurance that the subject must participate in as required by law. Specific regulations on scope, fees, conditions, duration, validity, compensation and participation fees, etc. are all clearly stipulated in the law. Accordingly, it can be understood Compulsory motorbike insurance PVI is an insurance program designed by PVI in accordance with current road traffic laws, and at this time PVI is a product designer, supplier, and also the insurer responsible for compensation. for customers when unfortunately they encounter risks or damages within the agreed insurance scope and period.

Compulsory motorbike insurance PVI

The insured object of this product is not the insured vehicle, but the subject of compulsory motorbike insurance is the health, life and property of the third person in the related damage. to the motorbike that has been insured. Therefore, when an incident occurs, PVI will commit to supporting customers with a certain amount of money to quickly fulfill their legal obligations towards third parties with specific compensation limits as follows:

If the third person suffers damage to their health or life, the maximum limit is 150 million VND/person/case;

If a third person suffers property damage, the maximum compensation limit from PVI is 50 million VND/case.

With such function Compulsory motorbike insurance PVI will help customers quickly stabilize their lives, quickly own a minimum amount of money to overcome risks, and compensate third parties for damages according to the law. At the same time, this also has the meaning of helping people. If you suffer damage, you will receive reasonable compensation and rest assured when you are damaged;

Besides, if you do not participate in this insurance program, you may be administratively sanctioned by the traffic police with a fine of 100,000 – 200,000 VND, based on Decree 100/2019/ND-CP for not carrying motorbike insurance, or not meeting the conditions to legally participate in traffic;

And that’s the superior function, but the price of this product is extremely reasonable, the incentives are only a few dozen to a few hundred thousand. Accordingly, the fee does not include VAT that you will have to pay to PVI when participating in insurance specifically as follows: for 2-wheeled motorbikes under 50cc the fee is 55,000 VND, for vehicles over 50cc the fee is 60,000 VND, for motorbikes The fee for 3-wheeled vehicles is 290,000 VND, electric motorbikes are 55,000 VND, and the remaining types of vehicles are charged 290,000 VND.

Hopefully IBAOHIEM’s sharing above has helped you better understand the product Compulsory motorbike insurance PVI.

Learn product details here: Compulsory motorbike insurance

After you have learned about the product and you need advice or contact to buy insurance, please do the following:

1/ Method 1: Send support or information via forms on articles or websites.

2/ Method 2: Call or text the hotline number: 0966 490 888 – 02466 569 888 for staff to advise and answer questions.

3/ Method 3: Send request email to mailbox: Kinhdoanh@ibaohiem.vn The content of the request is consulted or answered. Note: please leave your phone number so that consultants can contact you as quickly and conveniently as possible.

4/ Method 4: Send Viber or Zalo message via phone number: 0966 490 888 with the content of needing support or advice.


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