Compulsory Third Party Liablity Insurance For Cars

Coverage

• Deaths, injuries and property damage other than those specified in insurance contracts to the third party caused by motor vehicles.
• Deaths and injuries of passengers as a results of motor vehicle accidents prescribed in contracts of carriage
• A death as a result of motor vehicle accidents shall be indemnified at the rate of 100 million dong per person per occurrence.
• Property damage by cars, tractor, construction vehicles, and vehicles for agricultural or forestry uses and other types of military vehicles for the use of national security and defense (including trailers and semi-trailers pulled by motor cars or tractors) shall be indemnified at the rate of 100 million dong per occurrence.