Project Of Insurance Business Laws (amended): Bringing The Law Near People

At the examination meeting of the National Assembly's Economic Committee on the Insurance Business Law Project (Amendment), the delegates said that the Law should be prescribed to harmonize the interests of the Parties, in order to promote the Bao market Development dangers have ensured the rights of insurance participants. Economic committee to verify the insurance business law project (amendment) Speaking at the meeting, Member of the Economic Committee Vu Tien Loc said that we need to scale Prompt when the draft law has 21 decentralized contents to the Government prescribed, 21 contents of decentralization to the Ministry of Finance detailed instructions. This makes us feel this law is the framework. Furthermore, when assigned the Government, the Ministry of Finance guides the implementation, the process of promulgating a detailed regulation of documents cannot be transparent and thoroughly as a law building process. Delegate Vu Tien Loc proposes, issues that have been implemented well in current decrees, circulars, are demonstrated effectively, it is necessary to try institutional in law

. For new issues, without long-term, can be changed during the implementation period, the Government assigns the Government, the Ministry of Finance specifies in detail. The delegates emphasize, need to try to implement the spirit of the National Assembly It is as possible to reduce the Law Framework, Law Pipe, as specific as possible, reduce the number of articles and clause to wait for the Government and the ministries to issue a detailed regulation documents. Vu Tien Loc said, Law Project Insurance business (amended) is a lot of relevant law to people
While people mainly know the law and decrees and circulars too many people cannot hold off. Therefore, Delegates Vu Tien Loc proposed that the agency chaired drafting continues to review and study additional regulations related to insurance and insurance contracts, insurance requirements for insurance payments , refusing to pay insurance, the time limit for insurance pays to the Law Project. Since then, bringing the insurance business law to more people, so that people read the law can understand, especially the content of the ribs, directly related to the rights of insurance participants. In particular, it is necessary to include the draft Law on the provisions of insurance requirements, insurance certificates, guidelines when the insurance participants occur, how to notify businesses, records Insurance payments need any documents, the time to pay insurance for businesses, the refusal of insurance coverage of insurance enterprises ... for people to access and implement. Vu Tien Loc Economic Committee spoke at the meeting at that time, delegate Do Van Sinh proposed to manage insurance contracts to protect insurance buyers. Delegates said that most of them have a sample contract but customers cannot afford and fully understood the contract. In order to ensure equality between insurance enterprises and insurance purchasers, the State agency must control the contents of the sample contract, ensuring the right to the buyer is the most life insurance
Delegates emphasize life insurance with more than 10 million participants, the scope of impact objects is very large. Note the project of scale and massive law, high technical, along with the development of the economy Social - Social will have more and more people participate in insurance and the social impact of this field is huge, delegate Pham Duc India said that the problem of controlling is very important. The German Printing, Life Insurance is unknown to define, leading to difficulty shaping. Life insurance is like sending money but is related to the risks of the personality and health of participants. Instant companies are delivered to great rights, in the early years of insurance premiums that insurance buyers do not continue to participate, it takes the entire laptop closed. Delegates said that there are confusion between fees and periodically closing. Suggest that this brings great benefits to insurance enterprises but affects insurance buyers, delegates recommend regulations in the insurance contract or the principle of law. In addition, the insurance currency is huge, long time, insurance companies hold large amounts of people's insurance participation. Therefore, the control of the cash flow of insurance companies is very important, requiring strict regulations, ensuring transparency, avoid breaking. Along with that, it is necessary to prevent insurance proficients, so there is a control information data system, warning high-risk cases. The National Assembly Chairman Nguyen Duc Hai spoke at the session to know, This is a law project with a large impact, related to social security, prevention of risks, business activities and receiving the attention of people and parliamentary deputies and vice president of the National Assembly Nguyen Duc Hai stated that the view to thoroughly grasp when promulgating the law to develop the insurance market to create capital for development and risk sharing, ensuring social security and safety; Create a breakthrough for developing insurance enterprises and people who understand and participate in active insurance, ensuring benefits for insurance participants to mobilize capital into the market and are safe.

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