Responsibility level:

• For people: VND 100,000,000/ person / case

• For property: VND 100,000,000/ case

Object of insurance:

• Compulsory insurance premium of motor vehicle owners civil liability

• Material insurance for cars

• Insurance for driver’s mate and passengers

Insurance coverage:

Compensation for motor vehicle owners with material damages due to natural disasters, unexpected and unforeseen accidents in the following cases:

• Crashing, hitting, overturning, falling, sinking or falling of all vehicles, other objects from outside impacting motorized vehicles;

• Fire, explosion;

• Force majeure risks such as storms, tsunamis, whirlwinds, hail, floods, flood tide, earthquakes, landslides, lightning;

• Loss of all cars by theft, robbery, etc.

Insurance premium:

• Passenger cars without transportation business of up to 9 seats, Pickup vehicles, vans: Fee is only from 1,2% x value of car;

• Interprovince coaches, interprovince buses: Fee is only 1,8% x value of vehicle

• Truck: Fee is only from 1,3% x value of vehicle.

Additional common terms:

• New replacement insurance – Code BS02

• Insurance of stolen vehicles and stolen parts- Code BS04

• Insurance for repair facility selection – Code BS05

• Insurance for engine losses when vehicles operate in flooded areas – Code BS06