Circular No. 57/2013/TT-BTC amends and supplements Circular No. 121/2011/TT-BTC to guide the implementation of pilot agricultural insurance for the period 2011-2013. It provides support of 90% of insurance premiums for farming households and individuals living in poverty participating in insurance, while maintaining the support mechanism established by previous decisions regarding disease and natural disasters.
Scope of application
Farming households, individuals living in poverty engaged in agricultural production; organizations engaged in agricultural production participating in the pilot agricultural insurance program.
Key points
- Farming households, individuals living in poverty → are supported with 90% of insurance premiums when participating in agricultural insurance.
- Organizations engaged in agricultural production → continue to benefit from the support mechanisms established by previous decisions regarding disease and natural disasters.
- The management authority → bases the actual compensation amount to determine the specific direct support level for farming households, individuals, and organizations engaged in agricultural production.
🌐 Social impact of this document
- Positive impact: Reduces the burden of insurance costs for farmers, enhances risk prevention capabilities, and recovery after natural disasters.
- Negative impact: Time is required for management agencies to effectively implement the new policy.
❓ Frequently asked questions
What percentage of insurance premiums are farming households supported?
Farming households and individuals living in poverty engaged in agricultural production participating in the pilot agricultural insurance program will be supported with 90% of insurance premiums.
Which support mechanism continues to be maintained for organizations engaged in agricultural production?
Organizations engaged in agricultural production participating in the pilot agricultural insurance program according to Decision No. 315/QD-TTG and Decision No. 358/QD-TTG will continue to benefit from the support mechanisms established by previous decisions regarding disease and natural disasters.
When does this Circular take effect?
This Circular takes effect from June 28, 2013. Insurance contracts effective from February 27, 2013, also benefit from the support mechanisms stipulated in this Circular.
Which agency decides the level of direct support for farming households?
The Chairman of the People's Committee of provinces and cities within the pilot area will decide the specific level of direct support for farming households, individuals, and organizations engaged in agricultural production.
Who resolves issues arising during implementation?
If issues arise, they should be promptly reported to the Ministry of Finance for consideration and resolution.
Full text
CIRCULAR
Amending and supplementing Circular No. 121/2011/TT-BTC dated August 17, 2011of the Ministry of Finance
guiding certain provisionsof Decision No. 315/QĐ-TTGdated March 1, 2012 of the Prime Minister
on pilotingagricultural insurance for the period 2011-2013
____________________
WHEREAS, Law on Insurance Business No. 24/2000/QH10 dated December 9, 2000 and Law Amending and Supplementing Certain Provisions of the Law on Insurance Business No. 61/2010/QH12 dated November 24, 2010 and guiding documents;
Pursuant to the Decree No. 118/2008/NĐ-CP dated November 27, 2008 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;
Pursuant to Decision No. 315/QĐ-TTG dated March 1, 2011 of the Prime Minister on piloting agricultural insurance for the period 2011-2013; Decision No. 358/QĐ-TTG dated February 27, 2013 of the Prime Minister amending and supplementing certain provisions of Decision No. 315/QĐ-TTG dated March 1, 2012 of the Prime Minister on piloting agricultural insurance for the period 2011-2013;
At the proposal of the Director of the Insurance Management and Supervision Department,
The Minister of Finance promulgates this Circular amending and supplementing Circular No. 121/2011/TT-BTC dated August 17, 2011 of the Ministry of Finance guiding certain provisions of Decision No. 315/QĐ-TTG dated March 1, 2012 of the Prime Minister on piloting agricultural insurance for the period 2011-2013 as follows:
Article 1. Amending and supplementing Article 16 of Circular No. 121/2011/TT-BTC as follows
1. Amending Point b, Clause 1 of Article 16 as follows:
"b) Supporting 90% of the insurance premium for farming households and individuals with near-poor status engaged in agricultural production participating in the pilot agricultural insurance program."
2. Supplementing Clause 4 to Article 16 as follows:
"4. Farming households, individuals, and organizations producing agriculture that participate in the pilot insurance program for livestock according to Decision No. 315/QĐ-TTg dated March 1, 2011 of the Prime Minister on piloting agricultural insurance for the period 2011-2013 and Decision No. 1442/QĐ-TTg dated August 23, 2011 of the Prime Minister amending and supplementing certain provisions of Decision No. 719/QĐ-TTg dated June 5, 2008 of the Prime Minister on policies supporting prevention and control of animal diseases; Decision No. 142/2009/QĐ-TTg dated December 31, 2009 of the Prime Minister on mechanisms and policies supporting seedlings, livestock, and aquatic species to restore production in areas damaged by natural disasters and epidemics; and Decision No. 49/2012/QĐ-TTg dated November 8, 2012 of the Prime Minister amending and supplementing Article 3 of Decision No. 142/2009/QĐ-TTg of the Prime Minister on mechanisms and policies supporting seedlings, livestock, and aquatic species to restore production in areas damaged by natural disasters and epidemics shall still be entitled to benefit from support mechanisms according to Decision No. 719/QĐ-TTg dated June 5, 2008 of the Prime Minister on policies supporting prevention and control of animal diseases;"
Based on the actual insurance compensation amount, the Chairman of the People's Committee of the provinces and cities within the pilot implementation area shall decide specifically the direct support level for farming households, individuals, and organizations engaged in agricultural production to ensure that the total insurance compensation amount and the direct support amount for cases where livestock is damaged due to natural disasters and epidemics does not exceed the economic value of the livestock at the time of damage.”
Article 2. Effective Date
1. This Circular takes effect from June 28, 2013. Insurance contracts effective from February 27, 2013 shall enjoy the support mechanism stipulated in this Circular.
2. In the course of implementation, if any difficulties arise, they should be promptly reported to the Ministry of Finance for consideration and resolution ./
DEPUTY MINISTER
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