[null] In which cases are insurers in Vietnam exempted from paying insurance indemnity and coverage? - Ms. Yen (HCMC)

"> In which cases are insurers in Vietnam exempted from paying insurance indemnity and coverage? - Ms. Yen (HCMC)

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Doanh nghiệp trực tiếp bóng đá hôm nay nhân thọ, trực tiếp bóng đá hôm nay sức khỏe không phải trả tiền trực tiếp

In which cases are insurers in Vietnam exempted from paying trực tiếp bóng đá hôm nay indemnity and coverage? - Ms. Yen (HCMC)

What is the trực tiếp bóng đá hôm nay company according to the law in Vietnam?

Pusuant to Clause 17 Article 4 of the Law on trực tiếp bóng đá hôm nay Business in 2022:

Interpretation

For the purposes of this Law, terms used herein are construed as follows:

...

17. Insurer (also trực tiếp bóng đá hôm nay company) refers to an enterprise that is established, managed and run as per this Law and other relevant laws to do business in the trực tiếp bóng đá hôm nay, reinsurance and reinsurance cession sector. trực tiếp bóng đá hôm nay companies are classified into life trực tiếp bóng đá hôm nay, non-life trực tiếp bóng đá hôm nay and health trực tiếp bóng đá hôm nay companies.

...

As regulated above, insurer (also trực tiếp bóng đá hôm nay company) refers to an enterprise that is established, managed and run as per this Law and other relevant laws to do business in the trực tiếp bóng đá hôm nay, reinsurance and reinsurance cession sector.

trực tiếp bóng đá hôm nay companies are classified into following forms:

- Life trực tiếp bóng đá hôm nay;

- Non-life trực tiếp bóng đá hôm nay;

- Health trực tiếp bóng đá hôm nay companies.

trực tiếp bóng đá hôm nay

In which cases are insurers in Vietnam exempted from paying trực tiếp bóng đá hôm nay indemnity and coverage? - image from internet

In which cases are insurers in Vietnam exempted from paying trực tiếp bóng đá hôm nay indemnity and coverage?

Pusuant to Article 40 of the Law on trực tiếp bóng đá hôm nay Business in 2022 stipulating trực tiếp bóng đá hôm nay exclusions:

trực tiếp bóng đá hôm nay exclusions

1. Insurers and foreign non-life insurers’ branches shall not be exempted from paying trực tiếp bóng đá hôm nay indemnity and coverage in the following cases:

a) The insured is deceased within 02 years of the first payment of premium or restoration of the trực tiếp bóng đá hôm nay contract’s effect;

b) The insured’s death is caused willfully and intentionally by the policyholder or the beneficiary, except as prescribed in clause 2 of this Article;

c) The insured’s permanent injury or impairment is caused willfully and intentionally by the insured himself, the policyholder or the beneficiary, except as prescribed in clause 2 of this Article;

d) The insured’s death is caused by serving the death sentence;

dd) Other cases are stipulated in the trực tiếp bóng đá hôm nay contract.

2. In the cases where there are more than one beneficiary, despite the fact that one or more beneficiaries intentionally cause death or permanent injury or impairment for the insured, the insurer or the foreign non-life insurer’s branch shall have the burden of paying trực tiếp bóng đá hôm nay indemnity or coverage to the other beneficiaries under contractual terms and conditions.

3. When any situation specified in clause 1 of this Article arises, the insurer or the foreign non-life insurer’s branch shall pay the policyholder the surrender value of the trực tiếp bóng đá hôm nay contract or all of the premiums already paid after deducting any reasonable costs and expenses as agreed upon in the trực tiếp bóng đá hôm nay contract, except as provided in clause 2 of this Article. In case of the death of the policyholder, all of the refunds shall be treated according to law on inheritance.

As regulated above, the insurers in Vietnam are exempted from paying trực tiếp bóng đá hôm nay indemnity and coverage in following cases:

- The insured is deceased within 02 years of the first payment of premium or restoration of the trực tiếp bóng đá hôm nay contract’s effect;

- The insured’s death is caused willfully and intentionally by the policyholder or the beneficiary, except as prescribed in clause 2 of this Article;

- The insured’s permanent injury or impairment is caused willfully and intentionally by the insured himself, the policyholder or the beneficiary. In the cases where there are more than one beneficiary, despite the fact that one or more beneficiaries intentionally cause death or permanent injury or impairment for the insured, the insurer shall have the burden of paying trực tiếp bóng đá hôm nay indemnity or coverage to the other beneficiaries under contractual terms and conditions.

- The insured’s death is caused by serving the death sentence;

- Other cases are stipulated in the trực tiếp bóng đá hôm nay contract.

What are prohibited acts regarding trực tiếp bóng đá hôm nay business in Vietnam?

Pusuant to Article 9 of the Law on trực tiếp bóng đá hôm nay Business in 2022 stipulating prohibited acts regarding trực tiếp bóng đá hôm nay business in Vietnam:

- trực tiếp bóng đá hôm nay, reinsurance, reinsurance ceding and trực tiếp bóng đá hôm nay brokerage business activities are performed when none of establishment permits or business licences is obtained.

- trực tiếp bóng đá hôm nay, reinsurance, reinsurance ceding and trực tiếp bóng đá hôm nay brokerage business activities are performed outside of the permissible scope of business.

- trực tiếp bóng đá hôm nay brokerage, trực tiếp bóng đá hôm nay ancillary service business is done when eligibility conditions for doing so as prescribed in law are not met.

- The following fraudulent acts are committed:

+ Conspire with trực tiếp bóng đá hôm nay beneficiaries to settle trực tiếp bóng đá hôm nay claims and pay trực tiếp bóng đá hôm nay illegally;

+ Forge documents, intentionally falsify information shown in documents required for filing claims for trực tiếp bóng đá hôm nay coverage and payout;

+ Forge documents, deliberately falsify information to reject payment of trực tiếp bóng đá hôm nay indemnities and trực tiếp bóng đá hôm nay when insurable events happen;

+ Cause self-harm or bodily self-injury or deliberately self-inflicted loss or damage to property to claim trực tiếp bóng đá hôm nay benefits.

- Using threats and force to obtain the consent to trực tiếp bóng đá hôm nay contracts.

Best regards!

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