DECISION

ISSUING THE RULES AND BRACKET OF INSURANCE INDEMNITIES FOR LABORERS IN CONSTRUCTION AND INSTALLATION ENTERPRISES

THE MINISTER OF FINANCE

Pursuant to Law No. 24/2000/QH10 of December 9, 2000 on Insurance Business;
Pursuant to the Government’s Decree No. 42/2001/ND-CP of August 1, 2001 detailing the implementation of a number of articles of the Law on Insurance Business;
Pursuant to the Government’s Decree No. 77/2003/ND-CP of August 1, 2003 prescribing the functions, tasks, powers and organizational structure of the Ministry of Finance;
Pursuant to the Government’s Decree No. 52/1999/ND-CP of July 8, 1999 promulgating the Regulation on Construction and Investment Management;
Pursuant to the Government’s Decree No. 07/2003/ND-CP of January 30, 2003 amending and supplementing the Government’s Decree No. 52/1999/ND-CP of July 8, 1999 promulgating the Regulation on Construction and Investment Management;
Pursuant to the Finance Ministry’s Circular No. 76/2003/TT-BTC of August 4, 2003 guiding investment and construction insurance;
At the proposal of the Director of the Insurance Department,

DECIDES

FOR THE MINISTER OF FINANCE
VICE MINISTER




Le Thi Bang Tam

RULES

OF INSURANCE INDEMNITIES FOR LABORERS IN CONSTRUCTION AND INSTALLATION ENTERPRISES

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APPENDIX NO. 2

TABLE OF INSURANCE PREMIUMS

1. Table of annual insurance premiums:

Type of occupations

Insurance premiums
(Percentage (%) on 30 months’ salary)

Type 1

0.42

Type 2

0.51

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0.62

Type 4

0.72

2. Table of short-term insurance premiums:

Insurance duration

Insurance premiums (Percentage (%) on annual insurance premiums)

Up to 3 months

40%

Between over 3 months and 6 months

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Between over 6 months and 9 months

80%

Over 9 months

100%