THE PRIME MINISTER | | THE SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness |
No. 22/2019/QD-TTg | | Hanoi, June 26, 2019 |
DECISION
On the implementation of agricultural insurance support policy[1]
Pursuant to the June 19, 2015 Law on Organization of the Government;
Pursuant to the December 9, 2000 Law on Insurance Business; and the November 24, 2010 Law Amending and Supplementing a Number of Articles of the Law on Insurance Business;
Pursuant to the National Assembly’s Resolution No. 32/2016/QH14 of November 23, 2016, on further raising the capacity for and effectiveness of implementation of the national target program on building a new countryside associated with agriculture restructuring;
Pursuant to the Government’s Decree No. 58/2018/ND-CP of April 18, 2018, on agricultural insurance;
At the proposal of the Minister of Finance and Minister of Agriculture and Rural Development;
The Prime Minister promulgates the Decision on the implementation of agricultural insurance support policy.
Chapter I
GENERAL PROVISIONS
Article 1. Scope of regulation
This Decision prescribes the implementation of agricultural insurance support policy prescribed in Government’s Decree No. 58/2018/ND-CP of April 18, 2018, on agricultural insurance, covering support-eligible organizations and individuals engaged in agricultural production; plants, livestock and cultured aquatic animals eligible for support, insured risks eligible for support; support levels; period of provision of support; geographical areas eligible for support; and levels of support from the central budget to local budgets for agricultural insurance premiums.
Article 2. Subjects of application
This Decision applies to:
1. Organizations and individuals growing rice; or raising buffaloes, cows, black tiger shrimps or white leg shrimps as prescribed in Clause 2, Article 22 of the Government’s Decree No. 58/2018/ND-CP of April 18, 2018, on agricultural insurance.
2. Non-life insurance enterprises, branches of foreign non-life insurance enterprises and reinsurance enterprises established, organized and operating under the Law on Insurance Business and relevant laws.
3. Agencies, organizations and individuals involved in the implementation of agricultural insurance support policy.
Chapter II
AGRICULTURAL INSURANCE SUPPORT POLICY
Article 3. Insured objects eligible for agricultural insurance premium support
1. Crop: rice.
2. Livestock: buffaloes and cows.
3. Aquatic animals: black tiger shrimps and white leg shrimps.
Article 4. Agricultural insurance premium support levels
1. The support level of 90% of agricultural insurance premiums shall be provided for individuals engaged in agricultural production who are members of poor households (including poor households classified based on income criterion and poor households classified based on multidimensional poverty criterion) or households just above the poverty line under the Prime Minister’s Decision No. 59/2015/QD-TTg of November 19, 2015, promulgating multidimensional poverty standards for the 2016-2020 period.
2. The support level of 20% of agricultural insurance premiums shall be provided for individuals engaged in agricultural production who are not members of poor households or households just above the poverty line.
3. The support level of 20% of agricultural insurance premiums shall be provided for organizations engaged in agricultural production defined in Clause 3, Article 19 of Decree No. 58/2018/ND-CP when they fully meet the following conditions:
[1] Công Báo Nos 519-520 (3/7/2019)
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