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Showing posts from April, 2023

Complicated motorcycle insurance claim procedures, what does the Ministry of Finance say?

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The Insurance Supervision and Administration Department (Ministry of Finance) has just sent a written reply to voters in An Giang province on the issue of compulsory civil liability insurance for motor vehicle owners. Voters of An Giang province recommend state management agencies to work with business companies  motorcycle insurance  research to reduce procedures when settling insurance claims. Because according to voters, when a traffic accident causes property damage or personal injury or property injury to a third party, according to the agreed limit of liability, the settlement of compensation is still pending. faced many difficulties and cumbersome procedures. Voters reflect that it is still difficult and cumbersome to handle motorcycle insurance compensation procedures. Illustrations Responding to voters, the Insurance Management and Supervision Department said that on the basis of summarizing and evaluating the actual implementation in the past time, in order to reduce procedur