📋 Tender Overview
According to Ms. Nguyen Thi Phuong Thao (Ho Chi Minh City), Decree No. 104/2025/ND -CP stipulates that the period limit for professional liability insurance of notaries is at least 05 years. Does this regulation ask, is this regulation that is required to organize a notary organization to sign a single insurance contract that lasts 5 years? When signing such a contract, the fee will be multiplied by 5 times compared to the present, such a provision is satisfactory and protects the rights of notaries or notarized organizations to buy insurance or not? In this regard, the Department of Insurance Management, Insurance supervision, the Ministry of Finance has the following: At Point d, Clause 2 and Clause 5, Article 8 of the compulsory insurance, the provisions of the provision of the provision of the provision of the provision of the provision of the provision of the provision of the provision of the provision of the provision of the provision of the Government, the provision The minimum amount of insurance for compulsory insurance danger, rights and obligations of other parties and other agreements (if any) Pursuant to Clause 1, Article 28, Article 29, Clause 1, Article 30, Clause 1 and Clause 2, Article 31, Article 32 of Decree No. 104/2025/ND-CP on the scope of insurance, insurance terms, insurance premiums, minimum amounts and insurance compensation principles of insurance liability liabilities Insurance for the notary practice organization that the notarized practice organization is responsible for compensation for the notarized requester and other individuals and organizations (hereinafter referred to as the victims) due to the error of the organizations notaries in the process of notarization, except for the cases specified in Clause 2 of this Article. Article 29. And insurance enterprises may agree on insurance terms, but not shorter than the minimum insurance period specified in Clause 1 of this Article. The overall and clearly stated in the insurance contract, Article 31. The notarized practice that the notarized practice organization has compensated or will have to compensate for the victim. Enough the following conditions: a) The notary public is practicing at another notary organization and the organization buys the professional liability insurance for themselves; b) The notarized practice organization is responsible for compensation for damage participating in insurance at an insurance enterprise.In this case, the insurance enterprise is providing insurance contracts for the notary practice organization that the notary is in charge of compensation, the work of the work of the work of the work of the work of the work of the work of the work of the work of the work of the notary publicity. It is possible to negotiate the insurance period, the premium level and the minimum amount of insurance but must meet the provisions of Articles 29 and 1 of Article 30 and Article 31 of Decree No. 104/2025/ND-CP. Principles of insurance compensation and scope of insurance comply with Clause 1, Article 28 and Article 32 of Decree No. 104/2025/ND-CP. The Insurance Business Law specifies the insurance contract, the contents of the insurance contract in Clause 16, Article 4 and Article 17 of the Law on Insurance Business in 2022; The insurance premium, the method of paying premiums and payment of premiums comply with Article 17 and Article 26 of the Circular.I Insurance contracts to comply with the law on insurance business, notarization law and relevant laws.
