Conditions for receiving voluntary occupational accident insurance in Vietnam from January 1, 2025

Conditions for receiving voluntary occupational accident insurance in Vietnam

The conditions for receiving voluntary occupational accident insurance in Vietnam are as follows:

- Employees participating in voluntary occupational accident insurance are entitled to the provisions of voluntary occupational accident insurance under Article 4 of Decree 143/2024/ND-CP when they meet the following conditions:

+ Suffering a reduction in work capacity of 5% or more due to an occupational accident occurring during the time of participating in voluntary occupational accident insurance;

+ Not belonging to the cases specified in clause 2, Article 5 of Decree 143/2024/ND-CP.

- Employees are not entitled to occupational accident policies under Article 4 of Decree 143/2024/ND-CP if the accident occurs due to one of the following reasons:

+ A conflict of the victim with the person causing the accident that is not related to the work, labor tasks;

+ The employee intentionally self-harms their health;

+ Use of drugs, illegal substances contrary to the law.

Methods and levels of contribution for voluntary occupational accident insurance in Vietnam

- Employees participating in voluntary occupational accident insurance register with the social insurance agency according to one of the following contribution methods:

+ Contribution every 06 months;

+ Contribution every 12 months.

- Participants of voluntary occupational accident insurance are allowed to change the contribution method. The change in contribution method is implemented after completing the previous registered contribution cycle.

- The level of contribution for voluntary occupational accident insurance is as follows:

+ A 06-month contribution equals 6% of the minimum wage of Region IV;

+ A 12-month contribution equals 12% of the minimum wage of Region IV.

Time of contribution for voluntary occupational accident insurance in Vietnam

The time of contribution for occupational accident insurance is as follows:

- For the first time, immediately upon registering for voluntary occupational accident insurance;

- For subsequent times, within 10 days before the end of the contribution cycle.

- Immediately upon re-registering for voluntary occupational accident insurance according to Article 17 of Decree 143/2024/ND-CP.

More details can be found in Decree 143/2024/ND-CP, effective from January 1, 2025.

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