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RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of October 18, 2024 No. 768

About voluntary insurance of life and additional pension

Based on paragraphs of the sixth and eighth of Article 11 and in pursuance of article 77 of the Law of the Republic of Belarus of January 5, 2024 "About insurance activity" the Council of Ministers of the Republic of Belarus DECIDES: No. 344-Z

1. Determine the list of types of economic activity when which implementing the organizations have the right to sign contracts of voluntary insurance of life for benefit of the physical persons working in such organizations for employment contracts according to appendix.

2. Determine that the size of insurance sum on insured person under each agreement of voluntary insurance of life and the agreement of voluntary insurance of additional pension signed by insurer organization for benefit of the physical persons working in such organization for employment contracts cannot exceed the insurance sum calculated proceeding from monthly insurance premium in the amount of three monthly minimum wages for one worker a month.

3. The contracts of voluntary insurance of life signed by the insurers organizations performing the types of economic activity which are not included in the list specified in Item 1 of this resolution for benefit of the workers before entry into force of this resolution are valid before the termination of term of their action on those conditions on which they were imprisoned. Thus after entry into force of this resolution inclusion in the called agreements of voluntary insurance of life of new insured faces is not allowed.

The contracts of voluntary insurance of life signed by the insurers organizations performing the types of economic activity included in the list specified in Item 1 of this resolution for benefit of the workers before entry into force of this resolution are valid before the termination of term of their action on those conditions on which they were imprisoned. Thus after entry into force of this resolution inclusion in these agreements of voluntary insurance of life of new insured faces is not allowed without reduction of conditions of insurance contracts in compliance with this resolution.

The contracts of voluntary insurance of additional pension signed by insurers organizations for benefit of the workers before entry into force of this resolution are valid before the termination of term of their action on those conditions on which they were imprisoned. Thus after entry into force of this resolution inclusion in the specified agreements of voluntary insurance of additional pension of new insured faces is not allowed without reduction of conditions of insurance contracts in compliance with this resolution.

4. Operation of this resolution does not extend to state-financed organizations.

5. This resolution becomes effective since January 1, 2025.

Prime Minister of the Republic of Belarus

R. Golovchenko

 

Appendix

to the Resolution of Council of Ministers of the Republic of Belarus of October 18, 2024 No. 768

The list of types of economic activity when which implementing the organizations have the right to sign contracts of voluntary insurance of life for benefit of the physical persons working in such organizations for employment contracts

Code of group *

Name of group

1. Section A

Rural, forest and fishery

2. Section B

Mining industry

3. Section C

Processing industry

4. Section D

Supply with the electric power, gas, vapor, hot water and the conditioned air

5. Section E

Water supply; collection, processing and waste disposal, activities for liquidation of pollution

6. Section F

Construction

7. From section G:

Wholesale and retail trade; car repairs and motorcycles:

452

maintenance and car repairs

8. From section H:

Transport activities, warehousing, post and express activities:

49

activities of land and pipeline transport

50

activities of water transport

51

activities of air transport

9. From section N:

Activities in the sphere of administrative and support services:

81

activities in the field of servicing of buildings and the territories

10. Section P

Education

11. Section Q

Health care and social services

12. From section R:

Creativity, sport, entertainments and rest:

90010

activities in the sphere of performing arts

93

activities in the field of physical culture and sport, the organization of rest and entertainments

______________________________

* According to the nation-wide qualifier of the Republic of Belarus to OKRB 005-2011 "Types of economic activity" approved by the resolution of the State committee on standardization of the Republic of Belarus of December 5, 2011 No. 85.

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