Compulsory PVI car insurance

When participating in car insurance, customers will be responsible for paying a certain insurance fee to the insurance company, and when a risk or incident occurs within the agreed insurance terms, the company The insurance will be responsible for paying for the repair of damage, or other damages, depending on the terms and conditions of the insurance contract. This will help insurance participants easily overcome risks and stabilize their lives. Therefore, to ensure that subjects participate in traffic safely and effectively, the State has issued regulations. about participating in compulsory insurance for cars. Therefore, the article is shared about Compulsory PVI car insurance Below, IBAOHIEM will help you better visualize the role and benefits of the compulsory insurance program issued by one of the leading non-life insurance brands in our country today!

Compulsory insurance is a type of insurance that any individual or organization must participate in according to the law. Therefore, it is understandable Compulsory PVI car insurance is a compulsory insurance program for car owners in Vietnam according to the provisions of road traffic law, and this product is designed and issued by PVI – Vietnamese oil and gas insurance company. Male.

Compulsory PVI car insurance

First of all, participating in this product is an obligation that every citizen must comply with, and if not participating in this product, the violator may be subject to administrative sanctions ranging from 400,000 – 600,000 VND if your documents are checked by traffic police according to the provisions of road traffic law;

Besides, the main function of car civil liability insurance is to bring peace of mind to customers when driving and reduce the financial burden in case you cause damage to a third person. In case a risk occurs within the scope and term of insurance, PVI will ensure support and pay part or all of the necessary costs for customers to quickly fulfill their obligation to compensate for damages. third person, with a liability of: 150 million VND/person/case when the third person suffers personal or physical damage and 100 million VND/case when the third person suffers property damage.

Current fees of Compulsory PVI car insurance specifically stipulated in Circular 04/2021/TT-BTC. The insurance amount you must pay includes the original insurance premium and value-added tax (VAT), in which the provisions of Circular 04 only stipulate the original insurance premium excluding VAT. Accordingly, the insurance fee you need to pay to PVI when participating in car civil liability insurance will be:

For vehicles not used for passenger transportation, the fee for cars with less than 6 seats is 480,700 VND, for 8-seat cars is 873,400 VND, for 16-seat cars is 1,397,000 VND, for 25-seat cars is 2,007,500 VND,…;

For passenger transport vehicles, cars with less than 6 seats are 831,600 VND, 8-seat cars are 1,378,300 VND, 16-seat cars are 3,359,400 VND, 30-seat cars are 5,459,300 VND, 5-seat taxis is 1,413,720 VND,…

Or for freight vehicles with a tonnage of less than 3 tons, the fee is 938,300 VND, for vehicles from 3 to 8 tons is 1,826,000 VND, for vehicles over 8 tons to 15 tons is 3,020,600 VND,…

Above are the answers IBAOHIEM wants to share with you about related problems Compulsory PVI car insurance.

Learn product details here: Compulsory car 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.

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