Document from CIS Legislation database © 2003-2019 SojuzPravoInform LLC

PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of August 25, 2006 No. 531

About establishment of the sizes of insurance rates, insurance premiums, responsibility limits of separate types of compulsory insurance

(The last edition from 11-05-2019)

For the purpose of enhancement of state regulation of compulsory insurance in the Republic of Belarus:

1. Establish:

1.1. insurance rate:

on compulsory insurance of the structures belonging to citizens in the amount of percent 0,13;

on compulsory liability insurance of the commercial organizations performing realtor activities for damnification in connection with its implementation in the amount of percent 0,6;

on obligatory civil liability insurance of interim (anti-recessionary) managers in proceeedings about economic insolvency (bankruptcy) in the amount of percent 0,6;

on compulsory insurance from labor accidents and occupational diseases for:

insurers – state-financed organizations – percent 0,1;

other insurers – percent 0,6;

1.2. responsibility limits of obligatory civil liability insurance of owners of vehicles for the harm done as a result of the road accident:

to life or health of the victim, - 10 000 euros, from them no more than 4000 euros - on expense recovery, connected with burial of the victim, to persons who incurred these expenses;

to property of the victims, - 10 000 euros,

to the vehicle of the resident which signed the complex agreement of internal insurance - 10 000 euros.

1.3. responsibility limit of obligatory civil liability insurance of carrier in transit dangerous goods in the amount of 7500 basic sizes on each vehicle.

2. Determine that the size of insurance premium on compulsory insurance of the structures belonging to citizens on compulsory liability insurance of the commercial organizations performing realtor activities for damnification in connection with its implementation is calculated by multiplication of the insurance rate established respectively in paragraphs three and the fourth subitem 1.1 of Item 1 of this Decree by insurance sum.

2-1. The limit of the agreement responsibility of obligatory civil liability insurance of legal entities and individual entrepreneurs for the harm done by the activities connected with operation of separate objects (further – the insurance contract), is established according to the procedure, provided in parts by second or heel of this Item.

In the presence at the insurer to one address is several objects concerning which the insurance contract is signed, the single limit of responsibility determined as maximum of limits, according to the sizes of limits of responsibility and annual insurance premiums on obligatory civil liability insurance of legal entities and individual entrepreneurs for the harm done by the activities connected with operation of separate objects approved by this Decree, except for the case provided in part three of this Item is set.

In the presence the insurer to one address has more than five hazardous production facilities relating to the I type of danger, the limit of the agreement responsibility of insurance is set in the amount of 60 000 basic sizes.

In case of emergence during the term of the agreement of insurance at the insurer of new object concerning which according to the sizes of limits of responsibility and annual insurance premiums on obligatory civil liability insurance of legal entities and individual entrepreneurs for the harm done by the activities connected with operation of separate objects higher limit of responsibility is set than according to the insurance contract signed concerning the objects located at this address, the limit of the agreement responsibility of insurance increases to the responsibility limit size of new object.

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