What does compulsory insurance include?

Compulsory insurance is a type of insurance that is required by national law, so it is also called statutory insurance. All units and individuals within the scope of national regulations must purchase compulsory insurance regardless of whether they are willing or not. Compulsory insurance reflects the state's mandatory intervention in the behavior of individuals and units. So, what does compulsory insurance include? Let’s take you through it next.

Travel agency liability insurance

Travel agencies must purchase compulsory travel agency insurance because they are engaged in the tourism business. After a travel agency has purchased compulsory insurance, the relevant insurance unit shall bear the responsibility of the insured travel agency if accidental injuries or property losses occur to tourists when engaging in tourism activities, and the insured unit shall compensate the travel agency.

Travel accident insurance

When the tourism unit organizes a trip, it must apply for travel accident insurance for tourists to ensure that the insurance provided is safe for the personal and property safety of tourists. The guarantee must comply with the requirements; for matters that may endanger the personal and property safety of tourists during travel, real explanations and clear warnings must be given to tourists in a timely manner, and certain measures must be taken to prevent the harm from occurring.

Construction workers’ accidental injury insurance

Construction units are a dangerous industry that is prone to accidents. In order to consider the vital interests of construction workers, my country forces construction units to purchase accidental injury insurance for construction workers. risk.

Accidental injury insurance for coal miners

Coal mining units are units with a high incidence of accidents. In order to protect the vital interests of coal miners, our country’s law specifically stipulates that coal mining units must be coal miners. Purchase coal miner accident insurance.

Railway Passenger Accident Insurance

Passengers who purchase legal railway tickets must purchase Railway Passenger Accident Insurance. The formalities will be handled by the railway, and no additional insurance certificate will be issued.

Work-related injury social insurance

All production and business units must purchase work-related injury social insurance for their employees.

Unemployment Insurance

All state-owned enterprises, state-owned institutions and other units in my country provide unemployment insurance for their employees.

Compulsory motor vehicle traffic insurance

All motor vehicles on the road in my country must purchase compulsory motor vehicle traffic insurance. What coverage does compulsory insurance include? Mainly, the maximum compensation for property damage on the vehicle is 2,000 yuan, the maximum compensation for third-party medical expenses is 10,000 yuan, and the maximum compensation for third-party death or disability is 110,000 yuan.

Shipwreck salvage liability insurance and ship pollution liability insurance

Ensure the dangers and difficulties of implementation of environmental protection work in my country’s maritime areas and maritime salvage. Ship operators must pay shipwreck salvage liability insurance and ship pollution liability insurance. Both types of insurance can be replaced by property guarantees.

Baoge Tips: What does compulsory insurance include? It mainly includes compulsory liability insurance for travel agencies, travel accident insurance, accidental injury insurance for construction workers, accidental injury insurance for coal miners, accidental injury insurance for railway passengers, social insurance for work-related injuries, unemployment insurance, compulsory motor vehicle traffic insurance, shipwreck salvage liability insurance, and ship pollution These types of liability insurance.

What kind of accident insurance includes accidental medical care? Which one offers more protection? Which one is more worth buying? Let’s take a look at the latest list! Ranking of popular accident insurance among insurance companies across the country!