Decision No. 128/1999/QD-BTC stipulates the Rules, Tariff, and Insurance Amount for Fishermen's Accident Insurance and All-Risk Vessel Insurance for offshore fishing vessels. This document aims to ensure safety for workers and assets in the fishing industry.
适用范围
Insurance companies, owners of offshore fishing vessels
要点
- Insurance companies must comply with the Rules for Fishermen's Accident Insurance and All-Risk Vessel Insurance for offshore fishing vessels (Article 1).
- The Tariff and Insurance Amount are specifically defined for each type of risk (Article 1).
- In cases where the average compensation ratio over the previous three years is less than or greater than 60%, insurance companies have the right to adjust the insurance premium but not exceeding 15% compared to the tariff issued together with the Decision (Article 2).
- This Decision takes effect fifteen days from the date of signing.
🌐 本文件的社会影响
- To protect the rights of fishermen and vessel owners when facing risks.
- To provide specific regulations on insurance premiums, helping insurance companies to base their cost calculations reasonably.
- To impose a financial burden on insurance companies and vessel owners due to compliance with insurance premium regulations.
❓ 常见问题
Are insurance companies allowed to adjust insurance premiums?
Yes, insurance companies are permitted to reduce or increase insurance premiums but not exceeding 15% compared to the tariff issued together with the Decision (Article 2).
When does this Decision take effect?
This Decision takes effect fifteen days from the date of signing.
全文
Pursuant to …;
Regarding the issuance of rules, fee schedules, and insurance amounts for fishery workers' accident insurance and all-risk hull insurance for distant water fishing vessels
and marine insurance for all risks of the vessel itself for fishing vessels operating in distant waters
____________
THE MINISTER OF FINANCE
Pursuant to the Prime Minister's Decision No. 853/1997/CT-TTg dated October 11, 1997 on combating smuggling under new circumstances;
Pursuant to Decree No. 100/CP dated December 18, 1993 of the Government on insurance business and Decree No. 74/CP dated June 14, 1997 of the Government amending and supplementing certain provisions of Decree No. 100/CP dated December 18, 1993;
Pursuant to Decree No. 72/1998/NĐ-CP dated September 15, 1998 of the Government on ensuring safety for people and fishing vessels operating at sea;
Following the comments from the Ministry of Fisheries in Circular No. 1541/TS-TCKT dated May 29, 1999 regarding participation in risk insurance rules and Circular No. 2142/TS-TCKT dated July 28, 1999 regarding comments on fee schedules and insurance values;
At the proposal of the Director of the Department of Banking Finance and Financial Organizations.
DECISION:
Article 1. Issued together with this Decision:
- Rules, Fee Schedules, and Insurance Amounts for Fishery Workers' Accident Insurance on Fishing Vessels;
- Rules and Fee Schedules for All-Risk Hull Insurance for Distant Water Fishing Vessels.
Article 2. In cases where the average compensation ratio over the previous three years is less than (or greater than) 60%, the insurance company is permitted to reduce (or increase) the insurance premium but not exceeding 15% of the premium rate issued together with this Decision.
Article 3. This Decision shall take effect fifteen days from the date of signature.
Article 4. The Director of the Department of Banking Finance and Financial Organizations, the Head of the Ministry of Finance's Office, and the Heads of relevant units shall be responsible for supervising the implementation of this Decision./.
DEPUTY MINISTER
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