Decision No. 358/QD-TTg dated February 27, 2013 of the Prime Minister on amending and supplementing some of articles of the Decision No. 315/QD-TTg dated March 01, 2011 of the Prime Minister on the pilot implementation of agricultural insurance during 2011- 2013

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Issuing body:	Prime Minister	Effective date:	Known Please log in to a subscriber account to use this function. Don’t have an account? Register here
Official number:	358/QD-TTg	Signer:	Nguyen Tan Dung
Type:	Decision	Expiry date:	Updating
Issuing date:	27/02/2013	Effect status:	Known Please log in to a subscriber account to use this function. Don’t have an account? Register here
Fields:	Insurance

SUMMARY

RAISING THE SUPPORT OF INSURANCE PREMIUMS UP TO 90%

This is the content regulated under the Decision No. 358/QD-TTg dated February 27, 2013 of the Prime Minister on amending and supplementing a number of articles of the Decision No. 315/QD-TTg, dated March 01, 2011 of the Prime Minister on the pilot provision of agricultural insurance during 2011- 2013.

Under this Decision, the Prime Minister decides to raise the insurance premiums for farmer households and farmers living just above the poverty line that participate in agricultural insurance up to 90% (the previous regulation is 80%). Other subjects producing agriculture that participate in agricultural insurance still enjoy as prescribed under the previous regulation. Specifically, supporting 100% of insurance premiums for poor farmer households and individuals; 60% of insurance premiums for farmer households, individuals living just above the poverty line; 20% of insurance premiums for agricultural production organizations…

Besides, farmer households, farmers, organizations that participate in agricultural insurance for domestic animals according to this Decision still are enjoyed support mechanisms and policies under the Decision No. 719/QD-TTg, of June 05, 2008, of the Prime Minister on the support policy for prevention, combat of epidemic disease of cattle, poultry; Decision No. 142/2009/QD-TTg, of December 31, 2009, of the Prime Minister on mechanism, policies of support of plant varieties, livestock, fisheries for production restoration of areas damaged by natural disasters, epidemics.

Based on the actual insurance compensation level, the President of the People’s Committee of provinces, cities in pilot localities shall decide the specific level to directly support for farmer households, farmers, organizations, ensuring total of insurance compensation levels and direct support levels in principle not exceeding the economic value of domestic animals at time of domestic animal damage.

This Decision takes effect on the signing date.

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Effect status: Known

THE PRIME MINISTER
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No. 358/QD-TTg

SOCIALISTREPUBLIC OF VIET NAM
Independence - Freedom Happiness
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Hanoi, February 27, 2013

DECISION

ON AMENDING AND SUPPLEMENTINGSOMEOF ARTICLES OF THE DECISION NO. 315/QD-TTGDATEDMARCH 01, 2011 OF THE PRIME MINISTER ON THE PILOTIMPLEMENTATIONOF AGRICULTURAL INSURANCE DURING 2011- 2013

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THE PRIME MINISTER

Pursuant to the Law on GovernmentOrganizationdatedDecember 25, 2001;

Pursuant to the Law on insurance businessdatedDecember 09, 2000;

Pursuant to the Resolution No. 24/2008/NQ-CPdatedOctober 28, 2008of the Governmentpromulgating“the Government s action programboardfor the Resolution’s implementationof the 7^thPlenum of the X^thParty Central Committee on agriculture, farmers and rural areas”;

At the proposal of the Minister of Finance,

DECIDES:

Article 1.To amend and supplementsomeof articles of the Decision No. 315/QD-TTg, of March 01, 2011 of the Prime Minister on the pilotimplementationof agricultural insurance during 2011- 2013 as follows:

1.To amendPoint b,Clause 2 Article 1,as follows:

“b)To support 90% of insurance premiums for farmer households and farmers living justto thepoverty lineparticipate in agricultural insurance”.

2.To supplementClause 9 to Article 1 as follows:

“9. Farmer households, farmers, organizations that participate inpilotagricultural insurance for domestic animalsin accordance withthis Decision still are enjoyed support mechanisms and policies under the Decision No. 719/QD-TTg,datedJune 05, 2008 of the Prime Minister on the support policy for prevention, combat of epidemic disease of cattle, poultry; Decision No. 1442/QD-TTgdatedAugust 23, 2011 of the Prime Minister, on amending and supplementing a number of articles of the Decision No. 719/QD-TTgdatedJune 05, 2008 of the Prime Minister on the support policy for prevention, combat of epidemic disease of cattle, poultry; Decision No. 142/2009/QD-TTg,datedDecember 31, 2009 of the Prime Minister on mechanism, policies of support of plant varieties, livestock, fisheries for production restoration of areas damaged by natural disasters, epidemics and Decision No. 49/2012/QD-TTgdatedNovember 08, 2012 of the Prime Minister on amending and supplementingtheArticle 3 of the Decision No. 142/2009/QD-TTg of the Prime Minister on mechanism, policies of support of plants, livestock, fisheries for production restorationfor damagedareas damaged by natural disasters, epidemics.

Based on the actual insurance compensation level,Chairmenof the People’s Committee of provinces, cities in pilot localities shall decide the specific level to directly support farmer households, farmers, organizations, ensuring total of insurance compensation levels and direct support levels for domestic animals damaged by disaster, epidemics intheprinciplethatnot exceeding the economic value of domestic animals at time of damage.”

3.To amendClause 1,Article 3 as follows:

“1. This Decision takes effect onthe signing date.These insurance contractsshall besignedto the end ofDecember 31, 2013; summarizedandevaluatedbefore June 30, 2014”.

Article 2.This Decision takes effect onthe signing date.

Ministers, heads of ministerial-level agencies, heads of government-attached agencies and chairmenof People s Committeesof provincial-level and municipal cities (which are selected for pilotimplementationof agricultural insurance)shall implement this Decision.