Law on business insurance
Law on business insurance
Principles in the application of exclusion terms
Concerning any type of insurance contract, whether personal, property, or civil liability, the insurer will provide insurance exclusions. This is also one of the compulsory contents in an insurance contract, according to the Law on Insurance Business...
Law on business insurance
What is an insurance contract ?
The centerpiece of the insurance business is the Insurance Contract. Entering into an insurance contract is both the "conclusion point" of a series of activities i.e introducing, consulting products directly performed by an insurance company, or through intermediaries...
Law on business insurance
Mandatory insurances in Vietnam
According to Article 8 of the current Law on Insurance Business, mandatory insurance is only applicable to certain types of insurance to protect public interests and social safety...
Law on business insurance
Pay attention to statutory limits in the insurance contract
During the implementation of an insurance contract, policyholders and the insured need to note 3 milestones to properly ensure their rights...
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