Regulations on certificate of compulsory civil liability insurance of motor vehicle users in Vietnam

What is certificate of compulsory civil liability insurance of motor vehicle users?

Pursuant to Clauses 1 and 2, Article 6 of Decree 03/2021/ND-CP, certificates of compulsory civil liability insurance of motor vehicle users are proof of concluding compulsory civil liability insurance contracts between motor vehicle users and insurance enterprises.

Each motor vehicle shall be issued with 1 certificate of insurance. Motor vehicle users whose certificates of insurance are lost must request insurance enterprises (which have previously issued the lost certificates of insurance) in writing to reissue certificates of insurance.

Upon purchasing compulsory civil liability insurance of motor vehicle users, motor vehicle users shall be issued with certificates of insurance by insurance enterprises. 

Insurance enterprises shall only issue certificates of insurance for motor vehicle users if the motor vehicle users have adequately paid insurance premiums or agreed with the insurance enterprises on deadline for paying insurance premiums according to Ministry of Finance.

Regulations on certificate of compulsory civil liability insurance of motor vehicle users in Vietnam (Internet image)

What contents must be included in the certificate of compulsory civil liability insurance of motor vehicle users in Vietnam?

Pursuant to Clause 3, Article 6 of Decree No. 03/2021/ND-CP, certificates of insurance shall be designed by insurance enterprises and include following details:

- Name, address and phone number (if any) of motor vehicle users.

- License plate or chassis number, engine number.

- Type of vehicle, payload, number of seats and use purpose in case of automobiles.

- Name, address and hotline number of insurance enterprises.

- Civil insurance liabilities for third party and passengers.

- Responsibilities of motor vehicle users and operators in case of accidents.

- Insurance duration, insurance premiums and payment deadline of insurance premiums.

- Date of issue of certificates of insurance.

- Number code and barcode registered, managed and used according to Ministry of Science and Technology to enable storage, transmission and extraction of ID information of insurance enterprises and basic contents of certificates of insurance.

In case of issuance of electronic certificates of insurance, insurance enterprises must comply with Law on Electronic Transactions and guiding documents; Electronic certificates of insurance must closely comply with applicable regulations and law and regulation above.

Principles of participating in compulsory civil liability insurance of motor vehicle users in Vietnam

Principles of participating in compulsory civil liability insurance of motor vehicle users are specified in Article 4 of Decree 03/2021/ND-CP as follows:

- Insurance enterprises and insurance buyers shall implement compulsory civil liability insurance of motor vehicle users according to this Decree.

- For each motor vehicle, responsibility for paying for compulsory civil liability insurance of motor vehicle users shall only derive from a single insurance contract.

- In addition to participation in compulsory civil liability insurance of motor vehicle users according to Decree 03/2021/ND-CP, motor vehicle users and insurance enterprises may agree to extend insurance requirements, excess insurance liabilities and respective additional insurance premiums.

In this case, insurance enterprises are responsible for separating compulsory civil liability insurance of motor vehicle users in certificates of insurance.

Mai Thanh Loi

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